Top PickFirst stock in the clip; he also owns it personally. GLTA
https://www.bnnbloomberg.ca/video/bryden-teich-s-top-picks~2277440
Cargojet (CJT TSX)
CargoJet is the leading provider of overnight cargo services in Canada. The company recently announced an official strategic partnership with Amazon which will provide a strong opportunity for future growth. With this new agreement, Amazon will become an equity holder in Cargojet and is also set to deliver substantial volume growth over the next several years. Cargojet has spent the last few years optimizing its fleet which we expect will provide further operating leverage and new avenues of revenue growth. Cargojet is a great way to play the continued growth in e-commerce sales in Canada.
TOP PICK
Cargojet Inc (CJT-T)
07/09/2021
E-commerce boom has not ended. Great year last year. Move toward next day delivery also benefiting them. Likes the setup in Canada. Bought more planes to take advantage of international opportunities. Demand for cargo capacity is up 20% from pre-pandemic, but supply is down 10%. Compelling valuation. Yield is 0.50%. (Analysts’ price target is $251.67)
TRANSPORTATION & ENVIRONMENTAL SERVICES
Bryden Teich
$204.790
Owned