If you believe the economy is struggling but will emerge stronger and stronger, transportation of goods is a must. If you believe the opposite, then at this time stay in cash.
For all the goods that need to be manufactured, raw products and finished goods MUST be transported to the manufacturer then moved to a selling point.
North America is still a bit fragile but transport is one of the most needed sector after banks and manufacturing.
ABFS is one that seems highly overvalued as of today and this is limiting the upside potential on the very short term. But when profit start coming in at a faster pace, this could be a winner.
At actual level it is a good time to start accumulating a bit a the time and most especially on the dips.
As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.
Get THE PLAY OF THE DAY on Twitter : @investman2
For all the goods that need to be manufactured, raw products and finished goods MUST be transported to the manufacturer then moved to a selling point.
North America is still a bit fragile but transport is one of the most needed sector after banks and manufacturing.
ABFS is one that seems highly overvalued as of today and this is limiting the upside potential on the very short term. But when profit start coming in at a faster pace, this could be a winner.
At actual level it is a good time to start accumulating a bit a the time and most especially on the dips.
As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.
Get THE PLAY OF THE DAY on Twitter : @investman2
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