vetran peddleman
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I wouldn’t say ‘little hard assets’.They have around 210 million sq ft of warehouse facilities around the globe and quite a few robots in those warehouses. Having said that, they are loaded for bear with their assets and warehouse management software for the optimization of running a very successful logistics operation presently and to scale their logistics biz tremendously in the future.It made sense to get in on the bottom with XPO stock. ( Buy low sell high ) , but , from what we can see close up , I imagine that I missed my opportunity with XPO.
Remember , I'm no expert and your choices have to fit your circumstances.
Using what I can see , I would think GXO has a lot more upside since it will be purely logistics with little hard assets ( trucks , trailers , buildings, etc... )
soooo, buying GXO on the bottom floor sounds like a really smart move to me. But what do I know, I’m just a retired dumb truck driver.