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Compiling comments that experts make about stocks while on public TV.

2017-09-28

Opinion for Hudson Bay Co. (HBC-T)

Signal Price Bias Subject Owned
COMMENT $13.130 BULLISH CANADIAN DIVIDEND Yes

This one is hard. Missed on Q2 again, where they missed $.90. Margin compression was an issue again. There are headwinds for retail, especially for department stores. However Saks did beat their best comp in 2 years. HBC also had some pretty good comps. There are better trends in retail so far for Q3, and there is optimism for the 2nd half. This is a risky name. It is very hard to model, as they don’t have any clear earnings path. When stocks are really hard to model, often they are the best buy.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management

1 Comment

lastu466

October 2nd 2017 at 4:43am

I don't know what the future holds for the HBC stock price but it doesn't look like "easy money" so investors should buckle up for a long slow ride to God only knows where.


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