The Panic-Proof Portfolio (Stockchase Research)
Telesat
TSAT-T
TOP PICK
Dec 14, 2023
Stockchase Research Editor: Michael O'Reilly
This Canadian based satellite operator provides services to direct-to-home broadcasters, government agencies and the oil and gas sector. The company just announced an expanded contract with the Department of Defense. It trades under 2x earnings, under book value and supports a 30% ROE. We recommend placing a stop-loss at $11, looking to achieve $17 -- upside potential of 18%. Yield 0%
This Canadian based satellite operator provides services to direct-to-home broadcasters, government agencies and the oil and gas sector. The company just announced an expanded contract with the Department of Defense. It trades under 2x earnings, under book value and supports a 30% ROE. We recommend placing a stop-loss at $11, looking to achieve $17 -- upside potential of 18%. Yield 0%