Floor & Decor Holdings: No Compelling Reason To Invest Just Yet

Following my coverage on Floor & Decor Holdings (NYSE: FND ), for which I reiterated a hold rating as I was not convinced that the business is recovering, especially with the visible headwinds I noted, 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 dr ...