It’s Time to Buy: 1 Canadian Stock That Hasn’t Been This Cheap in Years

ATS Corp is a single mid-cap industrial automation name, so the read-through to broad indices or commodities is minimal. Revenue fell 8.6% YoY on weak industrial and food and beverage segments, but energy grew 45.1% on nuclear activity and quarterly free cash flow jumped to $62.5 million from $10.2 million, supporting the depressed valuation case. Idiosyncratic, not macro.