Review of ATS Automation Tooling Systems Inc
JUL 16, 2022 - ATA’s reputation and credibility in digitalization, data collection, and a strong record of improving the efficiency of production systems put ATA at a favorable position benefiting from industry tailwinds. While some short-term headwinds lie and cyclical risks loom, we think management can put their head down and focus on backlog longevity and conversion, and margin expansion. Rating initiated at 'B'.
Download ReportQ: Regardless of sector, in which order would you add for long term positions?
Read Answer Asked by Gary on March 22, 2023-
ATS Corporation (ATS)
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Crocs Inc. (CROX)
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Axon Enterprises Inc. (AXON)
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Magna International Inc. (MGA)
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Lantheus Holdings Inc. (LNTH)
Q: Good morning 5i
Yesterday i asked about a replacement for Magna and you kindly offered tfii and ats. I like these suggestions. But, the problem ( nice to have such a problem) is that i am already quite overweightin tfii and am also overweight inthe industrial sector. So, i am hesitant to buy ats. Do you have an equivalent for ats? Any other sector is ok, although my technology holdings are high. Also a US stock would be ok. It may not be the right mindset but i would like something with growth that can help recuperate some of my loses on mga
Thanks
Q: Hi, Transports got hit hard ( Fedex results and general market sell off?) on Friday, pulling TFII and ATS with it, down 3% and 4%, respectively to $159 and $54. Do you continue to believe these two companies to be your favorites in the sector ( besides CNR/CP ) ? If so, is it a decent price level to accumulate/add to our very small 0.50% position in each company or you would prefer to wait ? Thank You
Read Answer Asked by rajeev on March 20, 2023