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A good little company, but a bit small for what he does. It scores in the top 10% for volatility and has good valuation. Reasonable ROE’s at around 14%. Balance sheet is in decent shape. Dividend yield of 3.5%.
From a technical basis the target is bearish, but it did sort of base here a bit. The 200 day is right at $18, which will be the next battle it has to fight. The last 2 months action has been positive, but wouldn’t want to see it break below $117 to high $16s.
Wine is the fastest growing segment in the industry. The French dictate where this company is going. He is skeptical about the new products they are trying to launch into the US. The spirit sector is very tough and there is great competition. Doesn’t see upside from here.
Pretty steady company. Booze has always been not a bad business to be in. The way the stock is acting and the way management is acting, he expects it will be a pretty steady dividend payout. Not high risk.
Corby Spirit and Wine (B) is a Canadian stock, trading under the symbol CSW.B-T on the Toronto Stock Exchange (CSW.B-CT). It is usually referred to as TSX:CSW.B or CSW.B-T
In the last year, there was no coverage of Corby Spirit and Wine (B) published on Stockchase.
Corby Spirit and Wine (B) was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Corby Spirit and Wine (B).
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.
0 stock analysts on Stockchase covered Corby Spirit and Wine (B) In the last year. It is a trending stock that is worth watching.
On 2024-12-06, Corby Spirit and Wine (B) (CSW.B-T) stock closed at a price of $12.15.
He doesn’t know the seasonality on this, but the technicals show that it has been in an upward trend for quite a period of time. During the last little while, it has been in a trading range between around $19 and $22. It is not unusual for a lot of stocks in the consumer staples sector to have this kind of a pattern. You want to be a buyer of the stock on any kind of weakness close to support, which in this case is around $20. This is for the possibility of a break out above the $22 level. The stock is in an upward trend which is positive. Stick with the stock as long as it stays in an upward trend.