Ferguson: Rating Downgrade On Uncertain Near-Term Margin Outlook

My previous investment thought on Ferguson (NYSE: FERG ) (published in April) was a buy rating because I was positive about the business growth prospect, which was well-supported by multiple drivers. Fast-forward to today, the stock has done nothingI focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration ...