The Middleby Corporation: Organic Growth In The CF Segment Continues To Be Poor

Following my coverage on The Middleby Corporation (NASDAQ: MIDD ) in Aug’24, which I upgraded from a sell to a neutral rating due to my view that the Commercial Foodservice [CF] segment may see growth accelerationI 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 ...