Cargojet Inc

CJT-T

TSE:CJT

173.09
2.36 (1.35%)
Cargojet Inc. is a scheduled cargo airline based in Mississauga, Ontario, Canada. It operates cargo services in Canada and internationally, as well as full aircraft charters. Its main base is John C Munro Hamilton International Airport.
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Analysis and Opinions about CJT-T

Signal
Opinion
Expert
HOLD
HOLD
March 2, 2021
Yesterday's sell-off He owns Amazon instead, CJT's customer. Air delivery is growing as retail grows online. This business is solid, though there may be more competition as the airlines resume flying. The Canadian economy will grow as will e-commerce, so this is good to hold long-term.
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Cargojet Inc (CJT-T)
March 2, 2021
Yesterday's sell-off He owns Amazon instead, CJT's customer. Air delivery is growing as retail grows online. This business is solid, though there may be more competition as the airlines resume flying. The Canadian economy will grow as will e-commerce, so this is good to hold long-term.
HOLD
HOLD
March 1, 2021

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

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Cargojet Inc (CJT-T)
March 1, 2021

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

PARTIAL SELL
PARTIAL SELL
February 23, 2021
He's lucky to have owned this for a long time. A super e-commerce play for him. They have a monopoly in the skies as they move parcels across Canada. Business is booming. E-commerce won't change, but he expects more competition to come here. If this has become outgrown in your portfolio, take some profits. An entry point is to buy on dips.
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Cargojet Inc (CJT-T)
February 23, 2021
He's lucky to have owned this for a long time. A super e-commerce play for him. They have a monopoly in the skies as they move parcels across Canada. Business is booming. E-commerce won't change, but he expects more competition to come here. If this has become outgrown in your portfolio, take some profits. An entry point is to buy on dips.
BUY
BUY
February 22, 2021
They had a big benefit from COVID. They should continue to benefit following COVID. A lot of clients that relied on passenger planes had to move to CJT-T and will stay with them.
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Cargojet Inc (CJT-T)
February 22, 2021
They had a big benefit from COVID. They should continue to benefit following COVID. A lot of clients that relied on passenger planes had to move to CJT-T and will stay with them.
BUY
BUY
February 4, 2021
Dominant market share. Leveraged to the boom in e-commerce. Equity raise will be used to expand their fleet. In past, they've fulfilled capacity quite quickly which generates profit quickly.
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Cargojet Inc (CJT-T)
February 4, 2021
Dominant market share. Leveraged to the boom in e-commerce. Equity raise will be used to expand their fleet. In past, they've fulfilled capacity quite quickly which generates profit quickly.
PAST TOP PICK
PAST TOP PICK
January 12, 2021

(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.

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Cargojet Inc (CJT-T)
January 12, 2021

(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.

BUY WEAKNESS
BUY WEAKNESS
January 4, 2021
He has owned in the past and then sold it too early last year. There is a lot of good news priced into the stock but you would not want to bet against it. It would be a good opportunity to add if it pulled back for some reason.
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Cargojet Inc (CJT-T)
January 4, 2021
He has owned in the past and then sold it too early last year. There is a lot of good news priced into the stock but you would not want to bet against it. It would be a good opportunity to add if it pulled back for some reason.
HOLD
HOLD
December 31, 2020

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.

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Cargojet Inc (CJT-T)
December 31, 2020

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.

PARTIAL SELL
PARTIAL SELL
December 29, 2020

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.

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Cargojet Inc (CJT-T)
December 29, 2020

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.

HOLD
HOLD
December 10, 2020
Right place at right time. We've all become addicted to online shopping and fast delivery. What happens post-Covid? US and Canada are behind the curve. His predicts that the parcel delivery business will continue to be buoyant. Now fully priced.
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Cargojet Inc (CJT-T)
December 10, 2020
Right place at right time. We've all become addicted to online shopping and fast delivery. What happens post-Covid? US and Canada are behind the curve. His predicts that the parcel delivery business will continue to be buoyant. Now fully priced.
PAST TOP PICK
PAST TOP PICK
December 7, 2020
(A Top Pick Oct 28/19, Up 126%) It is still a large position even though he trimmed a lot of it through October. He still likes the backdrop for them. If you order anything online there is more than a 90% chance that it gets flown on one of their planes. They care greatly about their employees. There is plenty of upside from here. They have taken on some load that would have gone on passenger planes.
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Cargojet Inc (CJT-T)
December 7, 2020
(A Top Pick Oct 28/19, Up 126%) It is still a large position even though he trimmed a lot of it through October. He still likes the backdrop for them. If you order anything online there is more than a 90% chance that it gets flown on one of their planes. They care greatly about their employees. There is plenty of upside from here. They have taken on some load that would have gone on passenger planes.
DON'T BUY
DON'T BUY
December 4, 2020
Has done extremely well. So many packages are being sent. The stock looks quite expensive. The trailing earnings are not that positive. It is at 17x book value. It has a fairly good potential ROE if they get to profitability. Needs to continue earnings growth at a tremendous rate to justify valuation.
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Cargojet Inc (CJT-T)
December 4, 2020
Has done extremely well. So many packages are being sent. The stock looks quite expensive. The trailing earnings are not that positive. It is at 17x book value. It has a fairly good potential ROE if they get to profitability. Needs to continue earnings growth at a tremendous rate to justify valuation.
TOP PICK
TOP PICK
December 3, 2020

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)

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Cargojet Inc (CJT-T)
December 3, 2020

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)

HOLD
HOLD
December 2, 2020

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

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Cargojet Inc (CJT-T)
December 2, 2020

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

COMMENT
COMMENT
November 25, 2020
One of the best performers, due to e-commerce. Demand is crazy. Competition is one of the risks. Terrific business. Multiple is high. He's more comfortable owning transports or railroads. Huge believer in e-commerce, but hasn't done enough research to say if this is a buy.
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Cargojet Inc (CJT-T)
November 25, 2020
One of the best performers, due to e-commerce. Demand is crazy. Competition is one of the risks. Terrific business. Multiple is high. He's more comfortable owning transports or railroads. Huge believer in e-commerce, but hasn't done enough research to say if this is a buy.
Showing 1 to 15 of 103 entries

Cargojet Inc(CJT-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 13

Neutral - Hold Signals / Votes : 5

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 23

Stockchase rating for Cargojet Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Cargojet Inc(CJT-T) Frequently Asked Questions

What is Cargojet Inc stock symbol?

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

Is Cargojet Inc a buy or a sell?

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.

Is Cargojet Inc a good investment or a top pick?

Cargojet Inc was recommended as a Top Pick by Bruce Murray on 2021-03-02. Read the latest stock experts ratings for Cargojet Inc.

Why is Cargojet Inc stock dropping?

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.

Is Cargojet Inc worth watching?

23 stock analysts on Stockchase covered Cargojet Inc In the last year. It is a trending stock that is worth watching.

What is Cargojet Inc stock price?

On 2021-03-02, Cargojet Inc (CJT-T) stock closed at a price of $173.09.