- An update to my bullish thesis on Expeditors, which continues to enjoy strong tailwinds due to increased demand for its logistics expertise.
- Its moat remains intact, in my view, despite a recent cyber attack event that will hurt performance in the near term.
- Although not fully resolved yet, the IT problems will not last much longer. In the meantime, shares have become historically cheap.
- For those who can look past the next couple of quarters, an entry level at these prices will very likely turn out well.
For further details see:
Expeditors Stumbles Into Value Territory