Monopoly Business Taking Off Amid Secular Growth Tailwinds

Monopoly Business Taking Off Amid Secular Growth Tailwinds

Grupo Aeroportuario del Pacifico (Airport Group of the Pacific) is an operator of 13 airports in Mexico and Jamaica. The company is a monopoly-like business that benefits from long-term secular growth tailwinds, a slow-changing industry environment with minimal disruption risk, and operating leverage that drives earnings growth in excess of its revenue growth rate. Is GAP ready for Prime?