
TSE:EMP.A
This summary was created by AI, based on 2 opinions in the last 12 months.
Empire Company (EMP.A-T) is receiving positive evaluations from industry experts who note the stock's technical indicators, including higher highs and higher lows on both daily and weekly charts. Analysts highlight the advantage of operating within an industry with limited competition, particularly in the Canadian grocery sector, allowing for better margin protection and revenue stability. Trevor Rose emphasizes the stock's quality and stability, calling the recent dip an attractive entry point. Furthermore, insider buying activity is regarded as a favorable sign, reinforcing confidence in the company's prospects. Looking ahead, experts suggest that the stock might warrant closer attention if it reaches the $55 mark, while the $48.50 range is considered a fair buying opportunity.
Billy Kawasaki’s Insights - Picks from 5i Research. The recent results were overall very solid. Revenue, as well as Earnings per Share both beat expectations. Same store sales were up 11% and continues to have good momentum. They are transitioning their brand right now and it is going as expected. Unlock Premium - Try 5i Free
MRU-T vs. EMP.A-T. Metro has been his favourite grocery stock for 15 years. Grocery are the stay-at-home stocks but as we exit the pandemic this is not where you want to be. Don’t buy until the rotation is completed.