Anyone else finding it odd that the market is pricing CTD to struggle more with raising rates and inflation?
I find it strange for a few reasons:
1. CTD is debt free
2. The market is pricing this company as being worse off now than it was during the delta and omicron waves.
3. Travel is back in a big way currently. So much so the airports and airline companies are struggling to cope with demand.
I'd expect the company to lower like the rest of the market. But not as low as where it is at now. I think this is good buying now. Especially at the low $19's and below.
Is there something I'm missing that would justify the market sending this below $20-$21 and lower than the latter period of the pandemic?
CTD Price at posting:
$18.97 Sentiment: Buy Disclosure: Held
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