RE:Top Pick TOP PICK
Alimentation Couche-Tard(ATD-T)
09/11/2023
He's owned, sold, and owned, an doesn't know if he'll ever sell it again ;) Best in class, amazing acquirers, global, great balance sheet and free cashflow. Company estimates that by 2028, they'll get to $10B of EBIDA. Gross margins are hovering around 33%. Cost savings, and AI should help margins. Fuel sales were lower, and this impacted them.
Likes that the price slowly gravitates upward, rather than lots of volatility. Yield is 0.71%.
(Analysts’ price target is $83.13)
Food Stores
Paul Gardner
$78.650
Owned