Tempur Sealy International: Rating Downgrade As Upside Is Limited From Current Share Price

Following my coverage on Tempur Sealy International (NYSE: TPX ) in Aug'24, for which I recommended a buy rating due to my expectation that TPX is nearing its point of growth inflection, this post isI 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 ...