Searching out deep value in US trucking
Weakness in the price?
The reason why I have not downgraded my personal fair value (FV) estimates of US-based XPO Logistics to the low/mid-$50s a share from $69.5 since the end of November is that takeover rumours continue to circulate around the US-based company.
And it’s just a matter of time, if weakness persists, I reckon, before opportunistic suitors try to secure a bargain basement deal.
Down
Still looking for a floor in the high-$40s, its stock has plummeted since the beginning of the third quarter. Based ...
Comment on this article
Former Account Executive
March 20, 2019 at 9:01 pmProbably went silent Monday as they were busy laying off myself and 30 other account executives.
Ale Pasetti
March 20, 2019 at 9:07 pmWe have heard about “some” cuts, but thanks for the insight and all the best to you.
Keep it up!
AP