Buy RH To Invest In An Undemanding Valuation, Key Catalysts, And Easy Estimates

Nov. 19, 2021 10:49 AM ETRH (RH) StockRH16 Comments
Rogue Trader
1.52K Followers

Summary

  • RH is an underappreciated growth story.
  • The company should find it easy to deliver above-consensus results over the coming quarters.
  • 2022 holds many key catalysts.
  • RH’s valuation doesn’t have the premium it deserves.

RH Chicago, The Gallery At The Three Arts Club Grand Opening Ceremony

Jeff Schear/Getty Images Entertainment

Investment Thesis

RH (NYSE:RH) is a very attractive retail play. The company is in the early innings of becoming a global furniture brand. Its brand is very powerful and enables several key competitive advantages. Both its growth potential

This article was written by

1.52K Followers
Ex HF portfolio manager, Ex management consultant. Now I manage my own money and focus on anything that can create alpha. I will write on any idea I have and lay out my thesis and analysis openly to get feedback from and discuss with the SA community.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of ULTA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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