After Q3 Results, CEMEX Approaches Cyclical Bottoms, But Is Only Fairly Valued

Group 1 - The article emphasizes a long-only investment strategy that evaluates companies from an operational and buy-and-hold perspective, focusing on long-term earnings power and competitive dynamics rather than market-driven price actions [1] - Quipus Capital's approach suggests that most recommendations will be holds, indicating a cautious stance in a bullish market, with only a small fraction of companies deemed suitable for buying at any given time [1] - The hold articles are intended to provide valuable information for future investors and introduce a healthy skepticism towards the prevailing market optimism [1] Group 2 - The author discloses no current stock or derivative positions in the companies mentioned, nor any plans to initiate such positions in the near future, indicating an unbiased perspective [2] - The article reflects the author's personal opinions and is not influenced by compensation from any company, ensuring independence in analysis [2] - Seeking Alpha clarifies that past performance does not guarantee future results and that the views expressed may not represent the platform as a whole, highlighting the diversity of opinions among its analysts [3]