Sell: Comfort Systems USA, Inc. (FIX)
From Upside
Updated from Wall Street’s Best Investments 816, April 10, 2019
Comfort Systems USA, Inc. (FIX) is being dropped to Sell because of disappointing June-quarter results. Per-share earnings were $0.65, down 18% and below the consensus of $0.86. Boosted by an acquisition, revenue rose 22% to $650 million. The consensus called for sales of $676 million. Comfort Systems seems cheap. But the stock no longer ranks among our favorite picks, as a weak near-term growth outlook tempers our enthusiasm.
Richard J. Moroney, CFA, Upside, www.upsidestocks.com, 800-233-5922, July 26, 2019