Q: Your thoughts on this company,for a 1 year hold,outside of trumps failed liberation day stunt in April ,this stock is at about a 6 year low,very low PE and great partnership with Amazon…thanks and have a great day
5i Research Answer:
We might see some volatility into year end, considering its big decline from its peak, but it is priced well and good growth is forecast. There is cyclical risk, certainly, and some leverage on the balance sheet. But it is getting interesting at 15X earnings. With rates going down, and its potential, we think longer term holders will make out OK over time. The short term may not be too exciting, however.