What I Got, Corp. (WIGC) is a company in the rendering industry. They specialize in recycling animal byproducts and used cooking oil from the food industry. The rendering industry is heavily regulated and requires a number of federal and local permits in order to operate. WIGC has posted a steady 12% rate of growth even during the last economic crisis and they expect that 12% growth to continue into the future. The rendering industry is dominated by many smaller companies and WIGC believes that they can continue to grow through acquisition within their industry. WIGC's P/E ratio is currently at 7 and they have a dividend yield of 3%. (5 points) a. How would Peter Lynch categorize WIGC? Why? (10 points) b. Would Peter Lynch think that WIGC is a good company? Cite specific information from the description above. (Think both Peter Lynch's categories and his 10 things he looks for.) What I Got, Corp. (WIGC) is a company in the rendering industry. They specialize in recycling animal byproducts and used cooking oil from the food industry. The rendering industry is heavily regulated and requires a number of federal and local permits in order to operate. WIGC has posted a steady 12% rate of growth even during the last economic crisis and they expect that 12% growth to continue into the future. The rendering industry is dominated by many smaller companies and WIGC believes that they can continue to grow through acquisition within their industry. WIGC's P/E ratio is currently at 7 and they have a dividend yield of 3%. (5 points) a. How would Peter Lynch categorize WIGC? Why? (10 points) b. Would Peter Lynch think that WIGC is a good company? Cite specific information from the description above. (Think both Peter Lynch's categories and his 10 things he looks for.)