2024-05-22 11:49:12 ET
Summary
- Karooooo is a cloud-based fleet management solutions company focused on South Africa.
- The company's stock performance has been lackluster, but it has shown momentum with a 13% YTD increase.
- Near-term prospect remains attractive, given Cartrack's strong reputation and market position in the growing domestic market.
Karooooo ( KARO ) is a company that develops and provides cloud-based fleet management solutions to help improve mobility operations focusing on South Africa....
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Karooooo: Optimistic Near-Term Outlook