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#3,081
#3,081
I'm riding IDEX for a while. Didn't someone say it could hit like $15? I doubt that, but a real big jump is certainly possible.
 
#3,082
#3,082
ButchPlz said:
I'm riding IDEX for a while. Didn't someone say it could hit like $15? I doubt that, but a real big jump is certainly possible.
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Not sure how soon but with China mandating everything from semis, dump trucks,taxis, buses etc. be changed over by 2022 and 2025 I think it will be bigger than that.
 
#3,087
#3,087
VolAllen said:
I’m also liking US Foods (USFD). A lot of upside there.
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I haven't taken a close look, but if they've managed to maintain comparable margins with Sysco and have a similar multiple then there should be some good upside ahead. I think that their mix is heavily institutional while Sysco (Sysco seems like a very well run company, but I've never owned it outside of funds) is more retail grocery (again, I'm assuming this without taking a close look). I would think that USFD has taken a huge hit to their revenue with restaurants, hotels, and educational institutions being shuttered. If USFD has weathered that disruption to their Income Statement (and the P/E multiple is historically in alignment) then they should soar coming out of the 'Rona.
 
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#3,097
#3,097
Thunder Good-Oil said:
I haven't taken a close look, but if they've managed to maintain comparable margins with Sysco and have a similar multiple then there should be some good upside ahead. I think that their mix is heavily institutional while Sysco (Sysco seems like a very well run company, but I've never owned it outside of funds) is more retail grocery (again, I'm assuming this without taking a close look). I would think that USFD has taken a huge hit to their revenue with restaurants, hotels, and educational institutions being shuttered. If USFD has weathered that disruption to their Income Statement (and the P/E multiple is historically in alignment) then they should soar coming out of the 'Rona.
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In my opinion, Sysco is the safer of the two companies and probably better run but USFD has more upside in the short to intermediate term. USFD is fairly levered so that explains the lack of a run up yet. Still analyzing USFD since those food distributor stocks havent recovered yet
 
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#3,098
#3,098
BigOrangeMojo said:
In my opinion, Sysco is the safer of the two companies and probably better run but USFD has more upside in the short to intermediate term. USFD is fairly levered so that explains the lack of a run up yet. Still analyzing USFD since those food distributor stocks havent recovered yet
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USFD probably needs to have several contracts with the big restaurant players. I think that the small chains and independents are going to have a hard time staying open once the PPP funding dries up.

Without checking out the debt levels, I think that Sysco has the brighter outlook as a business. But with all of the merger activity and consolidations in that industry, I'd think that there are some scary looking balance sheets for some.
 
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#3,099
#3,099
Thunder Good-Oil said:
USFD probably needs to have several contracts with the big restaurant players. I think that the small chains and independents are going to have a hard time staying open once the PPP funding dries up.

Without checking out the debt levels, I think that Sysco has the brighter outlook as a business. But with all of the merger activity and consolidations in that industry, I'd think that there are some scary looking balance sheets for some.
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As an anecdote, US Foods is big in the area I'm in, and every day a local restaurant drops off the face of the earth. This area is a bit more distressed than others but I imagine the case is similar everywhere.

Sysco in this region laid off about 3/4 of their sales staff, but they do hold contracts for school systems and colleges here, assuming those do get back into session.
 
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#3,100
#3,100
Orange_Vol1321 said:
Not sure I'd call Idex a PS with all the orders coming in. I get it but all stocks are PS at one time.
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I don't agree with that last comment at all. Possibly if adjusting for earlier stock splits, but good and great companies tend to start at reasonable share prices that steadily climb over time.
 
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