Q: Is the selloff of GSY a little overdone given the transition timeline and the ongoing input from the CEO? If so, is it in bargain territory?
With appreciation,
Ed
With appreciation,
Ed
5i Research Answer:
A CEO change always adds uncertainty and Jason is a very well respected CEO who has steered the company very well in his tenure. But we think the sell off is a bit overdone. The business is in excellent shape and the transition we think will go well.