Airbnb CEO, GXO Logistics CEO, & Arista Networks CEO 8/2/22
Mad Money w/ Jim Cramer
00:00
G X O Tix, the Warehousing Legistics Play, Has Been Cut in Half?
G x o tix, the warehousing legistics play that was spun off by x p o, one of our favorites. Since last november, this stock has been more than cut, and it's been cut in half. That seems wrong to me. People have gotten very worried about over building in legistic space an amazon said they got too much capacity. I think we've taken it too far though. After the close, g x o reported a very strong quarter. And at these levels, it's selling for only 18 times earnins.
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