Q: Given a three to five year period, is Descartes Systems at present a good buy for growth? Will it be affected by tariffs?
Thank you.
Howard
Thank you.
Howard
5i Research Answer:
We do not think DSG will be directly impacted much by tariffs, though indirectly its customers could be. We doubt this results in reduced business because policies such as onshoring and protectionism may increase the need for logistics anyway. We would see it as a solid buy today for a 3 to 5 year term.