AbitibiBowater Inc. (ABH.TO) Buy, Sell or Hold

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Daily Stock Opinions and Ratings

AbitibiBowater Inc. (ABH.TO)

0.00

-0.00 (0.00%)

2 watching

DON'T BUY

Crushing debt load. Products are priced in US $’s while it’s costs are in Canadian.

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WEAK BUY

Levered to the Cdn$ which has recently lost a lot of bullish momentum. Nice base has formed. It has continually made new bases through the years and then failed. From a trading perspective, if it makes a new low, you’ll have to Stop out. If Cdn$ stabilizes it should be able to get near its October’s highs. Treat as a trade.

DON'T BUY

With the cutbacks in employment in eastern Canada, and the closure of some mills the industry will return to profitability. This would be in 2008 and beyond. That is too far out for him.

BUY

Company has problems. Management has overcompensated. Still has a big debt load. If the softwood deal goes through, they’ll be able to pay off some debt. If itt starts to come back, there will be a lot of buyers. Could be some tax loss selling shortly.

DON'T BUY

Doesn't like the pulp and paper industry as there is lots of overcapacity in this sector. Stay away from this stock.

DON'T BUY

If it is at its 52-week low, there has to be a volume increase on the first up tick and slightly less on the second. Do not add to position on a 52-week low.

TOP PICK

This will be one of the survivors in the forest industry. Has been crippled by the tariffs in the US. Will be happy to sit with this one. Have cut down their debt and closed some of their factories. Could be a Buy in tax loss season.

DON'T BUY

Have had a very difficult time and have not been able to make any money. The strong Cdn$ has hurt them. Paper/pulp have been a difficult place to be. Estimates continue to be lower.

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DON'T BUY

Has been short this stock because the company is losing market share every year and the Cnd$ is strengthening. Also, Brazil can grow trees a lot faster than Canada. Will short again on any bounce.

DON'T BUY

Has huge leverage. Balance sheet is very skewed towards lots of debt. Too speculative.

DON'T BUY

A number of names in this area look like they are troughing on profitability. It looks like ROE can't get any worse right now. Still exposed to the risk of a higher Canadian$.

DON'T BUY

Just cut their dividends which should have been done a long time ago. In a tough market. Internet advertising has been growing like crazy.

DON'T BUY

Not a fan of the forest product industry. Still has a black cloud over the industry.

DON'T BUY

Internet picks away at newsprint and the economy is going to get slower, not quicker.

DON'T BUY

He only wants stocks that are going higher in a strong market. This is a weak market and this is one of the weakest stocks. It couldn't get going even when the resource stocks where moving. Expect it will continue to see declining revenue going forward.

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AbitibiBowater Inc. (ABH.TO)