Tractor Supply: Time To Let A Winner Go (Rating Downgrade)

Core Insights - The decision has been made to sell the holding in Tractor Supply Company (NASDAQ: TSCO) due to changing investment priorities [1] - The focus of investment strategy is on undervalued growth stocks and high-quality dividend growers, emphasizing sustained profitability over mere valuation [1] Investment Philosophy - The investment approach is characterized by a long-term perspective, prioritizing strong margins, stable and expanding free cash flow, and high returns on invested capital as key drivers of returns [1] - The investor manages a public portfolio on eToro, allowing others to follow real-time investment decisions, highlighting a commitment to transparency [1] Personal Background - The investor's background includes diverse fields such as Economics, Classical Philology, Philosophy, and Theology, which enhances both quantitative analysis and market narrative interpretation [1] - The motivation for investing stems from a desire to ensure financial freedom for the investor and their children, aiming for a balance between work and personal fulfillment [1]