Envista: Still Hold Rated, Near-Term Uncertainties Weighing On The Outlook

Group 1 - The article discusses the author's previous coverage of Envista (NYSE: NVST) and the recommendation of a hold rating due to a lack of catalysts for share price increase [1] - The author emphasizes a fundamentals-based approach to value investing, focusing on companies with long-term durability and robust balance sheets rather than just low multiples [1] - The author acknowledges the risks of investing in successful companies, particularly the potential to overpay, while also noting that in some cases, the development runway can diminish the importance of price in the short term [1]