Aug. 22 at 1:45 PM
$HON
Briefly put, Honey maintains a healthy balance sheet, generates consistent free cash flow, and has a long history of dividend growth and share buybacks. It’s a shareholder friendly business with solid return on capital. They’ve historically outperformed during both upturns and downturns, making them a durable compounder over time. According to my model they’re still slightly over valued. I’ve started a position and will build on it overtime. I’m looking years out, not quarterly.
Good luck everyone!
