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Cargojet Inc CGJTF


Primary Symbol: T.CJT Alternate Symbol(s):  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

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Post by retiredcfon May 11, 2022 7:20am
205 Views
Post# 34673147

Top Pick

Top PickLast stock in the clip. GLTA

https://www.bnnbloomberg.ca/video/rob-lauzon-s-top-picks~2438630

Cargojet (CJT TSX)

Last bought on March 22nd at $164.25

Canada’s economy is robust and Cargojet gives investors exposure to overnight cargo deliveries across the country. Management recently reiterated its positive outlook for the year – specifically e-commerce volumes remain solid. The dividend was just increased 10 per cent and a normal course issuer bid was announced.
 

TOP PICK
Cargojet Inc(CJT-T)
09/05/2022 at 08:00pm
 
It has pulled back with Amazon and e-commerce cooling, but they ship 90% of packages that go overnight between Vancouver and Toronto. It's a play on the Canadian economy. They can't keep up with demand. A good entry point. Shares can double in 2-3 years if we don't see a recession. CJT is adding 4 more planes in coming years, so he likes the growth outlook. (Analysts’ price target is $236.08)
TRANSPORTATION & ENVIRONMENTAL SERVICES
 
Robert Lauzon
$147.820
Owned
 

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