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Introduction
Even though Floor and Decor (NYSE:FND) are down 46% YTD, in my personal opinion, this is not a bad time to go long. First, the company has demonstrated that it can pass on high inflation to the end
Floor & Decor: Strong Trade Trends And Growth Potential
Summary
- Floor & Decor can successfully pass on price increases to the end consumer.
- Effective management of operating costs allows it to maintain a stable level of profitability.
- The company continues to trade below what I think is fair value.
Blog of long-term investor. I prefer to use fundamental analysis to look for investment ideas. Besides, i like emerging markets and new technologies. Nowadays my focus is: consumer, TMT and EV.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in FND over the next 72 hours. 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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