Q: hello 5i:
ATS reports soon. Would you have any hesitation to add to a small position prior to earnings?
thanks
Paul L
ATS reports soon. Would you have any hesitation to add to a small position prior to earnings?
thanks
Paul L
5i Research Answer:
The 3Q was mixed, but over a longer period the company has a good record of beating estimates. The average stock move on earnings has been +/- 6%. We like its prospects and would not buy just for this quarter. We would not have any true hesitation here. EPS should rise more than 50% this year.