
TSE:CJT
This summary was created by AI, based on 11 opinions in the last 12 months.
Cargojet Inc. (CJT) has garnered mixed opinions among experts, presenting a complex outlook. While some analysts highlight its strong market position, particularly in air cargo and its dominance in Canada, concerns around tariffs and weakened demand dampen overall sentiment. The company has faced challenges post-COVID, leading to a drop in share prices, but some believe its current valuation presents a buying opportunity as fundamentals remain solid. Additionally, the lack of competition in Canada bolsters the company's long-term potential, despite short-term headwinds. Overall, as trade normalizes, many analysts expect a reacceleration in growth potential, marking CJT as an intriguing option for investors.
In a post-Covid world Benefited huge from the freight movement during the pandemic. But Air Canada could expand more into freight, which could encroach on CJT. Watch the valuation here. Growth is another concern. Take profits and look elsewhere.
90% market share in Canada for domestic air cargo. Air Canada wants to move in, but this will be a challenge. Stock's pulled back because of this concern. He's big on logistics companies, and this is one way to play. Amazon's a pretty good business partner, and he'd like to be attached to them. Yield is 0.44%. (Analysts’ price target is $281.27)
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It has seen some volatility recently with Air Canada announcing a push into cargo. Online shopping has been a tailwind but the vaccine news may have stalled this and changed investor sentiment. No reason to sell. Unlock Premium - Try 5i Free
Likes the name. Moved down with tech. Has a pretty good moat, and Air Canada's moves won't be much of a risk for a long time. Will be less growth into 2022 than there has been. If you have it, hold it. Furious rally is over for now. Buy it lower over next year when there are more exciting stories.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock still has more room to run. There is momentum and growth as the company is running at peak capacity. Online sales and delivery has seen a boom. New larger investors are beginning to take notice and leverage has gone from 4x cash flow to 2x. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Picks from 5i Research. The company has profited from the pandemic and increased e-commerce. It is currently quite expensive and has debt, but it could be a good play for investors with high risk tolerance. EPS is expected to double next year, which should mitigate some risk from the debt which is currently 2x cash flow. Unlock Premium - Try 5i Free
A core holding in his value-momentum strategy. Big beneficiary of sending packages. Threat from Air Canada is not as high as feared. He's still enthusiastic.