Down 61%, Is This Industry Disruptor's Stock a Buy Right Now?

Amid worries over the trade war and signs of a weakening economy, the stock hit an all-time low recently, though GXO had some good news to share with investors when it reported first-quarter earnings last Wednesday. In a difficult macro environment, the company posted better-than-expected results. Organic revenue increased 3%, and overall revenue rose 21% to $2.98 billion, which edged out estimates at $2.93 billion. The reported revenue figure includes its acquisition of Wincanton, a British logistics compa ...