TSX:CJT - Post Discussion
Post by
retiredcf on May 11, 2022 7:20am
Top Pick
Last 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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