Chris McIntyre thinks Sotera is an incredible business at a good valuation $SHC

Chris McIntyre returns to the podcast to discuss Sotera Healthcare (SHC), why he thinks it's such a good business, and why he thinks the stock is still undervalued even after a big run in the wake of putting their legal liabilities (largely) behind them.   Chapters  0:00 Intro  2:15 Sotera Overview  5:30 What makes Sotera such a good business?  14:30 Why it's so unlikely a new competitor can enter the space  19:55 Discussing Sotera's "growth algorithm"   23:30 Sotera's multiple / valuation  32:00 Historical legal liabilities overview  38:45 The "science" behind the legal liabilities  43:15 SHC's settlement and putting the legal liabilities behind them  49:00 Why Georgia is not the same risk as Illinois was  53:35 Sotera's controlling shareholders and their plans for the company  56:00 M&A and roll up possibilities  1:00:45 Closing thoughts