Planet Fitness: Rating Upgrade On Clear Long-Term Earnings Growth Outlook
Following my coverage on Planet Fitness ( PLNT ) in Dec '24, which I upgraded to a buy rating due to my expectation that revenue growth should accelerate to mid-teens, this post is to provide an update on I 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 compa ...