Today, Stephen Takacsy, B. Eng, MBA and Mike S. Newton, CIM FCSI commented about whether PD-N, OKTA-Q, MA-N, CJT-T, CHR-T, MFC-T, QSR-T, ZWH-T, ROP-N, BAM.A-T, MSFT-Q, BA-N, ROKU-Q, TTD-Q, LULU-Q, RMD-N, FDX-N, MGV-N, NICE-Q, BYL-T, FOOD-T, DWS-X, NFI-T, SPB-T, CCL.B-T, PBL-T, CNR-T, AD-T, WCN-T, MAXR-T, BUS-X, BDGI-T, CHH-T, EIF-T, AIF-T, RUS-T, KEY-T, LSPD-T, SWP-T, SIS-T, RSI-T, DIV-T are stocks to buy or sell.
He owned it for a decade, but got stopped out last year. It's down 30% off its highs, but 70% of their business is NOT e-commerce. They have lots of room to grow into e-commerce. Some individual brands are bypassing Amazon and using FedEx directly to deliver. 50-60% of Walmart deliveries use FedEx who are putting 500 stores into Walmarts. Good brand and valuation. (Analysts’ price target is $188.42)
Similar to DIV-T. He looked at this long and hard and decided not to buy any trusts stocks; there are too many companies within them and hard to value. AD stumbled and got punished. Don't buy for the dividend or stock appreciation. Managers need to regain investors' trust.