This would be the second article of our 7-part Peter Lynch Investing Playbook series.

If you’ve missed the first part, fret not, as you can read it here: Part 1 of The Peter Lynch Investing Playbook. Don’t worry, this article would not be going anywhere so you can come back to it anytime! 

The Peter Lynch Investing Playbook is essentially a guide inspired by the book, One Up on Wall Street, where the legendary investor, Peter Lynch, revealed how his ‘amateur’ approach in managing Fidelity’s multibillion-dollar Magellan Fund led him to become one of America’s number one money managers, and, one of the most successful investors of all time. 

So What Is A ‘Stalwart’?

Stalwarts are former fast-growing companies which have matured into larger companies with slower, more reliable, growth (3% per year is the expected average).

In addition, stalwart companies produce goods that are necessary and always in