Q: Would you buy or add to any of these 3 “relatives” / spin offs?
If not is there a competitor you like?
Thanks.
If not is there a competitor you like?
Thanks.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: What is your opinion on GXO, the contract logistics company recently spun out from XPO Logistics? It's early days but would you endorse a BUY given the market potential for warehousing, distribution logistics and e-commerce? I noticed the profit margins are fairly low at 2.3%/3.9% in previous years and the company has $700M net debt. Any guidance here would be appreciated.