$LOGI decent fundamentals and a strong trend
LOGI has decent fundamentals with a current PE of 17 and forward PE of 12.5 while they pay a small dividend of 1.5%. As long as their growth continues at the 10-15% range there should be considerable considerable upside on this company. It does look like they could drop to $48 so I personally have only taken a small starter position. If earnings continue to lag after the covid highs and don't normalize LOGI could bounce around at these levels for awhile. Their EPS pre-covid was 1.58, with current EPS of $4 expected to increase at a moderate rate.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.