I've followed restaurant and food service equipment provider Middleby (Nasdaq:MIDD)
for a long time now, and the stock has never been what a value investor
would call "cheap." That's unfortunate, as this is an uncommonly
interesting growth story in a segment of the market where growth
investors don't often go shopping. While I would not chase this stock, I
would recommend that investors keep it on a watch list and take
advantage if and when a pullback comes around.