The Many Reasons To Be Bullish On GXO Logistics

Aug. 09, 2022 8:31 AM ETGXO Logistics, Inc. (GXO) StockGXO17 Comments

Summary

  • Economic growth is slowing, dragging capital spending plans down with it. However, spending on advanced warehousing solutions is rising.
  • GXO Logistics benefits from accelerating new orders as its customers boost spending to deal with high inflation and supply-chain-related challenges.
  • GXO stock remains very undervalued and is one of my favorite long-term plays in the industry.

Smart warehouse management system with innovative internet of things technology

Fritz Jorgensen

Introduction

Whenever the market rallies hard, we encounter situations where certain stocks that already trade at or above fair value start to rally, as the rising tide often lifts all boats. During bear markets, there's another saying that applies:

This article was written by

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Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He is a contributing author for iREIT®+HOYA Capital.

As a member of the iREIT®+HOYA Capital team, Leo aims to provide insightful analysis and actionable investment ideas, with a particular emphasis on dividend growth opportunities. Learn More.

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