US Foods Holding: Visible Growth Story With Optionality (Rating Upgrade)

Core Viewpoint - The article discusses the investment outlook for US Foods Holding (NYSE: USFD), emphasizing that the growth expectations for FY25 may be overly optimistic, particularly concerning independent restaurant case volumes [1]. Group 1: Investment Philosophy - The company adopts a fundamentals-based approach to value investing, focusing on long-term durability and affordability rather than merely low multiples [1]. - There is a belief that successful companies can be risky investments if valuations are not carefully considered, highlighting the importance of price in investment decisions [1]. - The article suggests that in certain situations, the potential for growth may outweigh immediate price concerns, indicating a nuanced view of valuation [1].