Buy, Sell or Hold: Shaw Communication (B) (SJR.B-T)

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Shaw Communication (B) (SJR.B-T)

40.48

+0.01 (0.02%)

as of Apr 4, 2023, 8:00:00 pm Market Open.

294 watching

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DON'T BUY

It comes down to the Rogers deal, which the street thinks will happen, but this is the fourth deadline extension. The deal has been priced into shares, so there isn't much upside. Better to buy Rogers or Telus than Shaw.

COMMENT

Rogers will probably win the court battle, though there will be concessions. You better like Rogers.

PAST TOP PICK

(A Top Pick Aug 26/21, Down 5%) Last year, he considered this safe with some upside, but that hasn't happened. The Rogers deal has gone slower than expected, but it should close. He sold half his position at $38.50 last March, at a $22 ACB. The deal should close at end-2023.

COMMENT

No real clarity yet on the takeover. Frustrating. Rock solid. Free cashflow generator, solid dividend. Long term, it would be harder for them to carry on as a standalone company.

PAST TOP PICK

(A Top Pick Apr 09/21, Up 19.74%) Bought it as merger arbitrage. He made his target profit of 24% and moved on.

PAST TOP PICK

(A Top Pick Jan 06/21, Up 70%) The deal should go through. Stock is still at a healthy discount to the deal price, which would be a 10+% return in 3 months. He's holding, but not buying more.

PAST TOP PICK

(A Top Pick Dec 29/20, Up 76%) Believed entire sector was cheap and Roger's purchase of business was a bonus. Good dividend yield and grow opportunities for the sector.

DON'T BUY

Allan Tong’s Discover Picks Shaw doesn’t suffer the same corporate soap opera, but it’s still part of the drama because of this deal. I know, I know, I wrote about Shaw and Rogers recently, but things keep changing fast. If I want drama, I’ll watch The Squid Game or Maid on Netflix.

PAST TOP PICK

(A Top Pick Dec 29/20, Up 71%) He bought if for the fundamentals. He sold, and shifted the money into Rogers. He's not a risk taker.

SELL

Allan Tong’s Discover Picks Since March 15, Shaw has gained 5.1%, lagging Telus at 6.5% and BCE at 13%. (Rogers is -2.2%.) There's little catalyst to increase the share price, so the question becomes whether to hold on or sell now. The downturn this month may offer a buying opportunity, but we're talking a quick trade. Shaw's fate is now tied to the soap opera at Rogers and hurting shares. Further, there's a risk that Ottawa will not approve the merger, though the street is confident it will happen. If the deal collapses, SJR.B stocks could tank. Are you willing to take that risk, or will you be cautious and sell? Read The Battle for Rogers and 4 Other Telecom Stocks to Consider for our full analysis.

PAST TOP PICK

(A Top Pick Dec 29/20, Up 69%) It was a bonus that RCI.B-T decided to buy them out.

DON'T BUY

RCI.B-T vs. SJR.B-T. He is not buying either right now. He owns Bell and Telus. There is deal risk in the merger between Rogers and Shaw. You might want to take the money and run if you hold Shaw. Both are fairly priced.

TOP PICK

Believes the deal with Rogers will close. Election could upset the apple cart, but polls don't expect a change in government. Even if there is, huge precedent for the deal to close. Good risk/reward right now, in a market where there's a lot of risk. Good place to park some cash while we wait for the deal. Yield is 3.21%. (Analysts’ price target is $39.18)

PAST TOP PICK

(A Top Pick Sep 03/20, Up 52%) Likes telecom in general. He sold out into the Rogers bid. If the deal doesn't go through, downside might be 30% or more.

PARTIAL SELL

High likelihood of the deal going through. If the deal doesn't go through, would have fairly significant downside. One strategy might be to sell a partial position, and put in another telco. Canadian telcos are steady businesses, modest growth, nice dividends.

Showing 1 to 15 of 317 entries

Shaw Communication (B)(SJR.B-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Shaw Communication (B) is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Shaw Communication (B)(SJR.B-T) Frequently Asked Questions

What is Shaw Communication (B) stock symbol?

Shaw Communication (B) is a Canadian stock, trading under the symbol SJR.B-T on the Toronto Stock Exchange (SJR.B-CT). It is usually referred to as TSX:SJR.B or SJR.B-T

Is Shaw Communication (B) a buy or a sell?

In the last year, there was no coverage of Shaw Communication (B) published on Stockchase.

Is Shaw Communication (B) a good investment or a top pick?

Shaw Communication (B) was recommended as a Top Pick by on . Read the latest stock experts ratings for Shaw Communication (B).

Why is Shaw Communication (B) stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Shaw Communication (B) worth watching?

0 stock analysts on Stockchase covered Shaw Communication (B) In the last year. It is a trending stock that is worth watching.

What is Shaw Communication (B) stock price?

On 2023-04-04, Shaw Communication (B) (SJR.B-T) stock closed at a price of $40.48.

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Shaw Communication (B) (SJR.B-T)

Shaw Communication (B)(SJR.B-T)

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Shaw Communication (B)(SJR.B-T)

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Shaw Communication (B)(SJR.B-T)

Shaw Communication (B)(SJR.B-T)

Shaw Communication (B)(SJR.B-T) Rating

Shaw Communication (B)(SJR.B-T) Frequently Asked Questions

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Is Shaw Communication (B) a good investment or a top pick?

Why is Shaw Communication (B) stock dropping?

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