Ferguson: The Equity Story Looks Stronger Today (NYSE:FERG)

Group 1 - The core investment thesis for Ferguson Enterprises Inc. (NYSE: FERG) is an upgrade to buy, driven by positive expectations on pricing, residential demand, and solid management execution [1] - The investment strategy focuses on long-term investments while also incorporating short-term shorts to identify alpha opportunities [1] - The analysis is based on a bottom-up approach, emphasizing the fundamental strengths and weaknesses of individual companies [1] Group 2 - The investment duration is medium to long-term, aiming to identify companies with strong fundamentals, sustainable competitive advantages, and growth potential [1]