Not April Fool's, RH Is Too Cheap To Ignore

RH shares have been beaten, battered, bruised, and cast aside by the market for negative earnings revisions and negative revenue revisions. Despite the market's current misperception, RH has spent capital the last five years reinvesting in itself, building galleries and restaurants, and priming the pump for future revenue growth. Even amidst the downturn, RH has outperformed peers on a relative basis.