Following my coverage on Masco Corp. (NYSE: MAS ) in April, in which I recommended a hold rating as the consumer spending backdrop was getting worse, and to top it off, there were the headwindsI 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 with st ...