Teledyne Technologies: Solid Demand, Backed By Visible Backlog, And A Strong Balance Sheet
Following my coverage on Teledyne Technologies (NYSE: TDY ) in Jan this year, in which I recommended a buy rating due to my expectation that the business growth outlook has gotten a lot better than my initialI 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 drawn to co ...