Fortune Brands: New Management Members To Shake-Up Organic Growth

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About: Fortune Brands Home & Security, Inc. (FBHS)
by: Beulah Meriam K
This article is exclusive for subscribers.
Beulah Meriam K
Medium-term horizon, long-term horizon, long/short equity
Summary

Q3 2019 was a successful quarter considering the state of the market.

The incoming CEO and new President of the Cabinets division will bring positive results to organic growth figures in the short to medium term.

A comfortable cash position, strong organic growth being actively addressed, and brand strength make Fortune a solid long-term investment at the current price.

Fortune Brands Home & Security, Inc. (FBHS) is a solid long-term investment in the home improvement market. The company leverages its wholesale customer base as well as the vast presence of segment retail