First Advantage: Larger Scale Doesn't Mean Much If Growth Is Poor
First Advantage(FA) Seeking Alpha·2024-11-27 03:03
Following my coverage of First Advantage Corporation (NASDAQ: FA ) in Aug’23, in which I recommended a hold rating due to my expectation that the negative macro climate would be headwinds to the business, this post is toI take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be ...