Why I (Still) Love Textainer Group Holdings Limited
Investors likely either love or hate Textainer Group Holdings (NYSE: TGH) depending on how long they've held shares. Those who purchased the stock more recently are likely enamored with the container leasing company since it has rebounded nearly 125% since January. Meanwhile, those who've held for a longer period probably have the opposite feeling, since the stock is still down more than 50% over the past three years.
While I'm in that latter camp, I'm still fond of the company because I believe that there's more upside just over the horizon. That's because the container leasing market appears poised to rebound sharply over the next year, which could push Textainer Group Holdings up even higher, especially when factoring in its relatively low valuation.
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Source: Fool.com
