Comfort Systems USA Inc

FIX: XNYS (USA)
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New Morningstar Analyst Report - Comfort Systems USA, Inc.

Business Strategy and Outlook

Comfort Systems USA is a solid operator in the cyclical and highly competitive heating, ventilation, and air conditioning (HVAC) installation and maintenance industry. Its customers are midmarket companies in the commercial, industrial, and institutional sectors. Generally speaking, the HVAC service industry has no barriers to entry, very limited economies of scale, and almost no differentiation among its players. Comfort Systems' competitors are primarily small, owner-operated firms that aggressively compete on price.

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