
TSE:MTL
This summary was created by AI, based on 2 opinions in the last 12 months.
Mullen Group Ltd (MTL-T) has garnered mixed reviews from experts, with one expert highlighting its strong performance over the past year and noting its owner-operated status as a positive trait. However, this expert suggests that due to its cyclicality, they would prefer to invest in other names that offer growth with less volatility, such as rail companies. Another expert concurs on the cyclical nature of Mullen Group but suggests maintaining a core position while strategically trading around economic indicators. Both reviews underscore the operational competence of the company, while cautioning about potential market fluctuations. Overall, experts seem to be recommending a prudent approach towards Mullen Group, balancing the positives with market realities.
This is in the right group. Service companies are doing particularly well. This is behaving better than about 70% of the stocks in the S&P over the last 12 months. You have tailwind from the sector and tailwind from the equity asset class itself. A very steady performer so he doesn’t see any major catalyst in the near-term, but it should perform in line with the group. A good, longer-term investment.
They move stuff around, primarily oil and oil based products. Do well when oil prices go up and people drill a lot. Likes this space. Company is well managed compared to other stocks but is very product specific to just oil. She prefers Horizon North Logistics (HNL-T), which is a similar backdrop but with a wider scope with setting up camps for oil, natural gas, LNG products, potash mines and mining in general.
Provides a wide range of services to the oil/gas industry in Alberta, including trucking, well completions and all sorts of things. Likes the company. Dividend is fairly safe. Has been a good group to grow over time. Very diversified so if one sector of the company is not doing well, others are. Good quality company. 5.2% dividend.