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1/ Why I believe $SUM is a good investment at the current price ($15.31).
- 400 locations in 23 states
- Aggressive on aquisitions (75+ since 2009)
- 400 locations in 23 states
- Aggressive on aquisitions (75+ since 2009)
2/ #Covid has not affected the core operating structure of the business.
The high degree of vertical integration has unlocked more opportunity for competitive advantages to be realized.
The high degree of vertical integration has unlocked more opportunity for competitive advantages to be realized.
4/ Weather has generally been dry across most of the states that $SUM operates in. (Shorter than avg winter snow/less spring rain)
Additionally, with less cars traveling on the roads in Q2, I do expect revenue and net income to slightly increase above the $JPM estimates.
Additionally, with less cars traveling on the roads in Q2, I do expect revenue and net income to slightly increase above the $JPM estimates.
5/ Based on Buyer/Seller data from @fintel_io, there were more buyers of $SUM in June than there were sellers.
