The Middleby Corporation: Near-Term Upside Is Limited
Following my coverage on The Middleby Corporation (NASDAQ: MIDD ) in Nov’24, in which I recommended a hold rating as I did not see any improvements in the CF segment fundamentals and that forwardI 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 with ...