Good morning,It looks like a quiet news day in terms of the universe of stocks we usually cover here. I’ll see what I can come up with – or let me know if you have any suggestions.Cheers,GrahamElectrocomponents (LON:ECM)Share price: 499p (-1%)No. shares: 441mMarket cap: £2,200mTrading Update (for the four month period ending to 31 January 2017)Revenue growth looks like this:This company has always seemed to have a bit of a low profile among investors, but it’s a really good distributor – “the world’s leading high-service distributor for engineers”, dealing in over half a million products.The shares have gone on a tear higher this year (they started January around 220p) so it’s not in the bargain bucket by any means, but it claims to be the leading distributor in the UK, Europe and Asia-Pac. That’s a position which is worth a premium rating, in my book. Non-GBP income means that this is one of the stocks which has provided fantastic GBP devaluation protection for investors:We continue to expect FY 2017 revenue and…
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