GXO: Everything Is Progressing Well; Reiterate Buy
Following my coverage on GXO (NYSE: GXO ) in Nov’24, in which I recommended a buy rating due to my expectation that growth will continue to be strong given the pace of new business wins and improvingI 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 companies w ...