Following my coverage on The TJX Companies (NYSE: TJX ), which I upgraded to a hold rating as fundamentals have gotten a lot better (both traffic and same-store-sales growth), this post is to provideI take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be drawn to companies w ...