Q: Hi Peter and Staff
Long term hold do you prefer DOO or ATZ and why ?
Thanks for all yo do
Dennis
Long term hold do you prefer DOO or ATZ and why ?
Thanks for all yo do
Dennis
5i Research Answer:
ATZ is more expensive but less cyclical. Its recovery is going well and its expected growth rate is higher. We would also consider it a decent takeover target at some point. DOO is cheaper, but high interest rates are taking a toll, and it is a capital intensive business. We would side with ATZ today, which also has better positive momentum.