Agree with your assessment on big carriers expanding into CNG/LNG in spite of oil price volatility. The pendulum has swung and the play in CNG/LNG is expanding with solid and increasing levels of support. CLNE is an attractive investment for long term investors, particularly at current price points.
I anticipate it will be a big acquisition, but don't see XPO being able to pull off Swift, which has a $4B market cap. Stay tuned!
Acquisition pipeline is very full and active, with funding in hand to execute. From the presentation, it sounds like there's a lot of interest in contract logistics and last mile delivery verticals.
Market reacting well today, with XPO up about 3%.
Agree on this being a long term hold. With the 4 acquisitions to date, they have increased share significantly in primarily two categories (graphic/embellished apparel and intimates). There are some other categories that they operate in that are ripe for acquisition (e.g. socks, male UW, etc.) Stay tuned!
I would expect that Coyote and Echo are both pretty high on the target list. Each of these companies is growing fast and has excellent systems/technology platforms. Both are Chicago based, one public and one private.
Congrats to all longs! Stock price will soon cross 70, and we have great tailwinds and momentum ahead of us in 2015. This is a long term hold -- a core technology holding in a diversified portfolio.
Very interested to see the earnings report, and particularly any forward guidance/commentary.
With COLM at a $3B market cap, it would not surprise me if there may be some interested acquirers.
Yes, very valid point, SCTY could always surprise with some lowered guidance. But I am a long term investor who believes in the improving dynamics and long-term tailwinds behind solar -- and my research has led me to conclude that this is the pony to ride for the long term.
The drop in the stock price has been incorrectly pegged to the significant downturn in oil prices. So I don't believe they need strong earnings in order to continue to retrace towards their previous highs -- just need to have a decent quarter. Keep in mind, this stock is still down over 35% from year ago.
Acquisitions can take some time to finalize -- as seller and buyer reach common ground. In the meantime, note this morning's SEC filing with the preliminary results for Q4. Very solid performance!
There's plenty of cash flow to support all three, with buy backs being least likely. Nice 33% dividend increase and 4-to-1 stock split reported this morning. Expect another acquisition in first half of 2015.