CJT-T
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Revenues beat street estimates by 4.5% at $187M but the reported loss was much worse than expected. Debt reduced by $63M and cash flow was good. However, the miss led to quick profit taking since the stock is up 84%. The thesis remains the same and 5i remains comfortable with the name. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Revenues beat street estimates by 4.5% at $187M but the reported loss was much worse than expected. Debt reduced by $63M and cash flow was good. However, the miss led to quick profit taking since the stock is up 84%. The thesis remains the same and 5i remains comfortable with the name. Unlock Premium - Try 5i Free
(A Top Pick Jan 29/20, Up 90%) He of course watches Amazon, but the valuation was too high. CJT was an easier way to get into e-commerce and of course this business exploded with the pandemic. Their last two quarters blew-out earnings. Also, they enjoy less competition now so they're in a sweet spot. This has more room to run. Amazon owns 10% of CJT, so there is a chance of takeover, but he doubts they will.
(A Top Pick Jan 29/20, Up 90%) He of course watches Amazon, but the valuation was too high. CJT was an easier way to get into e-commerce and of course this business exploded with the pandemic. Their last two quarters blew-out earnings. Also, they enjoy less competition now so they're in a sweet spot. This has more room to run. Amazon owns 10% of CJT, so there is a chance of takeover, but he doubts they will.
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.
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.
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.
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)
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
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
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 13
Neutral - Hold Signals / Votes : 5
Bearish - Sell Signals / Votes : 5
Total Signals / Votes : 23
Cargojet Inc is a Canadian stock, trading under the symbol CJT-T on the Toronto Stock Exchange (CJT-CT). It is usually referred to as TSX:CJT or CJT-T
In the last year, 23 stock analysts published opinions about CJT-T. 13 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is HOLD. Read the latest stock experts' ratings for Cargojet Inc.
Cargojet Inc was recommended as a Top Pick by Bruce Murray on 2021-03-02. Read the latest stock experts ratings for Cargojet Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
23 stock analysts on Stockchase covered Cargojet Inc In the last year. It is a trending stock that is worth watching.
On 2021-03-02, Cargojet Inc (CJT-T) stock closed at a price of $173.09.
