
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.
It had an uptrend this year, especially after the Amazon deal, but has recently pulled back. We could see further weakness. Seasonality begins later in October.
They dominate parcel delivery within Canada. They just got a big contract with AMZN-Q. If we head into a slowdown in the next while then you will find better entry levels in this stock to come.
A great stock to own over the past 3-4 years. Freight movement will only increase. There is some concern that their growth rate will begin to slow, since they already won Amazon's business. He would wait to buy on weakness.
We owned this till he thought it was fully valued. They have a monopoly with their Air Canada contract. He admits he didn't think CJT could continue to execute. This is good to hold a long time.
Canada post really catapulted them into the stratosphere a couple of years ago. They piled on a lot of debt so he wanted to wait a couple of quarters and the stock blasted off. It is a regulated industry so AMZN-Q will not have its own fleet of planes over night. It is very profitable at the moment. Don't chase it.
They have exclusive contracts, with their biggest customer being Canada Post, so what happens if they go elsewhere? Concentrated partner risk. They have a moat to some degree because foreign shippers can't move product within Canada. This stock has done remarkably well, though it's too small for him.
They struck a deal with Amazon, who will continue to outsource their deliveries within Canada. It has a 23% upside. (Analysts’ price target is $115.40)