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Skiing groomed runs in the mountains Some investment opportunities tend to pay off rather quickly. Others, unfortunately, often require patience. It seems as though more companies fit into the latter category, but I digress. One firm that does fit in this latter category, in my opinion, is none other than Vail Resorts (NYSE: MTN ), an owner and operator of resorts largely centered around skiing that has operations throughout the US, Canada, and Australia. Shares have, unfortunately, not exactly kept pace with the broader market this year. Some of that is likely attributable to wider economic uncertainty. However, it’s also likely that some of it can be chalked up to some mixed financial performance. But when you really look at the company from a fundamental perspective and you see exactly how it has grown in recent years, it becomes clear that the prospect should be a rather solid one for long term investors who want a quality company at a decent price. More reasons than not to be optimistic The past several months have not been particularly pleasant for Vail Resorts and its shareholders. As an example, we need only look at how the firm has performed since early […]
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