Key insights
- The author suggests ATS Corp, a Canadian automation company, is a potential value play due to its $2 billion backlog, partnerships with Siemens and GEV, and involvement in growing sectors like EV battery automation and SMRs. The CEO's recent share purchase and ownership by Norway's sovereign wealth fund are also cited as positive indicators. Upcoming earnings on May 28th could be a catalyst.
ATS corp have earnings call coming on May 28. Have a 2 billion dollar backlog , it has not had a great run these last couple months .But Have many good partnership with big companies like GEV and Siemens for digital twins software . As well as building EV batteries automation , automating SMR and life sciences and nuclear refurbishment. I see as a potential value play . As well as 800 thousand shares purchased by ceo a couple months ago. I also add is owned by Norway Bank sovereign wealth fund .