1 Magnificent Disruptive Technology Stock Down 53% to Buy and Hold Forever
GXO Logistics(GXO) The Motley Fool·2024-06-08 06:22
The development of automation, robotics, and advanced analytics makes this contract logistics provider's solutions more valuable. Management defines its major secular growth drivers as follows: Given such strong underlying earnings drivers, investors can ask why the stock trades at more than 52% off its all-time high. Where the market is now It's difficult to time the bottom of the market at the best of times, and there may be more turbulence for GXO in 2024. Still, the long-term outlook is excellent and st ...