The Panic-Proof Portfolio (Stockchase Research)
BMTC Group Inc.
GBT-T
TOP PICK
Sep 07, 2023
Stockchase Research Editor: Michael O'Reilly
We reiterate this Quebec based household furniture and electronics retailer as a TOP PICK. It trades 10x earnings and 1.1x book value, supporting a 16% ROE. Quarterly reported cash flow is growing again, as debt is retired and shares bought back. We continue to recommend a stop at $14, looking to achieve $20 -- upside over 20%. Yield 2.2%
A Quebec based household furniture and electronics retailer. It trades 10x earnings and 1.1x book value, supporting a 16% ROE. Quarterly reported cash flow is growing again, as debt is retired and shares bought back. We recommend placing at stop-loss at $14, looking to achieve $20 -- upside over 20%. Yield 2.2%
(A Top Pick Sep 07/23, Down 7.1%)Stockchase Research Editor: Michael O'Reilly
Our PAST TOP PICK with GBT has triggered its stop at $14. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 11%, when combined with the previous buy indications.
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We reiterate this Quebec based household furniture and electronics retailer as a TOP PICK. It trades 10x earnings and 1.1x book value, supporting a 16% ROE. Quarterly reported cash flow is growing again, as debt is retired and shares bought back. We continue to recommend a stop at $14, looking to achieve $20 -- upside over 20%. Yield 2.2%
(Analysts’ price target is $20.00)