Ferguson: Positive On Both Short- And Long-Term Growth

JulPo Investment summary My recommendation for Ferguson (NYSE:FERG) is a buy rating, as I am optimistic about both the near-term and long-term growth outlook. In the near term, there are leading indicators that suggest growth recovery, and as for the long-term driver, mega projects, the backlog remains healthy. Notably, the investments that FERG is making should support margin expansion and growth as well. Business Overview FERG is a leading specialty distributor of HVAC and industrial supplies, offerin ...