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Cargojet Inc T.CJT

Alternate Symbol(s):  CGJTF | T.CJT.DB.F | T.CJT.DB.E

Cargojet Inc. is a Canada-based provider of time sensitive air cargo services to all major cities across North America, providing dedicated, aircraft, crew, maintenance and insurance (ACMI) and international charter services. The Company's main air cargo business is comprised of operating a domestic network air cargo co-load network between sixteen major Canadian cities and providing dedicated aircraft to customers on an ACMI basis, operating between points in Canada, the United States, Mexico, South America, Asia and Europe. It also operates scheduled and ad hoc international routes for multiple cargo customers between United States and Bermuda, between Canada, United Kingdom and Germany; between Canada and Asia; and between Canada and Mexico. Its charter services include Go Now, dangerous goods, heavy & oversized cargo, humanitarian and relief, remote destinations, automotive, and oil and gas. The Company operates its network with its own cargo fleet of approximately 41 aircraft.


TSX:CJT - Post by User

Post by retiredcfon Jan 13, 2021 6:48am
329 Views
Post# 32283041

Another Recommendation

Another RecommendationFirst stock in the clip. GLTA

https://www.bnnbloomberg.ca/video/paul-gardner-s-past-picks~2117104

Cargojet (CJT TSX)

  • Then: $116.34
  • Now: $215.18
  • Return: +85%
  • Total Return: +86%
PAST TOP PICK
 
Cargojet Inc
(CJT-T)
January 12, 2021
 
(A Top Pick Jan 29/20, Up 90%) He of course watches Amazon, but the valuation was too high. CJT was an easier way to get into e-commerce and of course this business exploded with the pandemic. Their last two quarters blew-out earnings. Also, they enjoy less competition now so they're in a sweet spot. This has more room to run. Amazon owns 10% of CJT, so there is a chance of takeover, but he doubts they will.
 
Paul Gardner, CFA 
 
Price
$217.630
Owned
Yes

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