3 Stocks to Buy to Ride Atlanta's Impressive Growth
The Atlanta Journal-Constitution published an article in July discussing the “skyrocketing” growth of Atlanta. That's got me thinking about Atlanta stocks.
Reasons to Retain Corpay (CPAY) Stock in Your Portfolio
Corpay (CPAY) has been consistently pursuing acquisitions and investments to increase its customer base, workforce and operational capabilities.
High Quality Corpay Drops Almost 20% And Is Now A Bargain
Corpay's earnings per share are projected to grow at an average rate of 13-15% annually, despite interest rate pressures. We consider the stock to be undervalued at 13.6x forward earnings, with potential for re-rating to the 15-20x range. CPAY reported inline first quarter results, with slight misses in revenue and a 2% cut to EPS guidance due to interest rates and currency weakness.
Why Is Corpay (CPAY) Down 7.7% Since Last Earnings Report?
Corpay (CPAY) reported earnings 30 days ago. What's next for the stock?
Unsung Heroes: 3 Blue-Chip Stocks Flying Under the Radar (But Not for Long)
Finding undervalued blue-chip stocks isn't as easy as it seems. That's mainly due to stock valuations, which have steadily risen since the March 2020 correction, when the S&P 500 lost 31% of its value from Feb. 21 through March 20.
Corpay: Short-Term Concerns And A Predictable Business
Corpay is a highly predictable business that seeks to unify payments for clients who require frequent work trips or who operate fleets of vehicles. The company has EBITDA margins of more than 50%, leaving clues to the high added value of Corpay's services. Management reduced its guidance during Q1 2024 and now expects to grow around 7% only, but made it clear that this should be temporary.
