IMO the corrections we are currently seeing will see the market look back to fundamentals rather than lofty PE’s driven by boundless growth stories. As we have seen when these high PE darlings miss their numbers or there is slightest whiff of variation then they are brutally dealt with - as is the peril of being “priced for perfection”.
FDM IMO is all about fundamentals and is a true “meat and potatoes” stock, not much science in the business model. It already represents good S/H value and with more announcements like today this value will grow exponentially. Time will drive this outcome organically and timing will only accelerate it.
