Q: What is happening with ATS, is it a Trump issue. To my understanding ATS was suppose to do quite well this year and next year. So you could clarity, I would a greatly appreciate it.
Appreciate your great service
Earl
Appreciate your great service
Earl
5i Research Answer:
ATS has been disappointing. It trades now at 21X earnings. Good earnings growth is expected after a loss in the last fiscal year, but high debt (very) adds significant risks here. But its Q1 was decent, and ahead of estimates. For now we would hold but there is an opportunity cost here with no dividend and other stocks doing far better with less risk.