Veritiv is a strong company fundamentally, and one of the biggest employers in the Atlanta 3PL market. It is often overlooked that Atlanta has the busiest port (airport) in the world. Overall undervalued versus growth and tech market, at about 13 p/e. VRTV was powered from Covid lows by strong earnings, (9 consecutive quarters of beating expectations)and share...
A quick follow up on $VRTV since our last highlight two weeks ago. With $VRTV currently trading at $66.47, a +32.55% increment since the Ascending Triangle chart pattern breakout, $VRTV have now crossed $1 Billion USD market capitalization for the first time, trading at its all time high level in the stock market. $VRTV is currently exhibiting a two weeks...
$VRTV broke out of its 11 weeks consolidated Ascending Triangle chart pattern, rallying over +23.38% (+$11.84) in just 3 days to close at $62.17. It was also announced that the company have added $50 million to its buyback program, expanding the share re-purchase to $100 million mark. With it currently trading at its 52 weeks high, it is worth to highlight that...