Not a good chart at the moment.
Would hesitate buying.
Better names out there.
It won't rebound. Was one of his worst past picks. He expected strength in women's and children's programming to carry it, but then they bought the Global TV network--a disaster. They slashed their dividend; ads have migrated away from traditional TV.
Ad revenues are challenged in radio and TV. Corus has controlled costs well and people are still watching specialty channels (cord-cutting is greatly exaggerated). The dividend is safe, and the Shaw family (not the company) controls the company, so this is steady. He may look at this in the future.
Corus Entertainment (B) is a Canadian stock, trading under the symbol CJR.B-T on the Toronto Stock Exchange (CJR.B-CT). It is usually referred to as TSX:CJR.B or CJR.B-T
In the last year, 2 stock analysts published opinions about CJR.B-T. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Corus Entertainment (B).
Corus Entertainment (B) was recommended as a Top Pick by on . Read the latest stock experts ratings for Corus Entertainment (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.
2 stock analysts on Stockchase covered Corus Entertainment (B) In the last year. It is a trending stock that is worth watching.
On 2023-05-26, Corus Entertainment (B) (CJR.B-T) stock closed at a price of $1.31.
Balance sheet's come down in 3 steps. After the first 2 steps, the stock doubled, but it was short term and you had to be quick. No guarantees it will happen again a third time. Yesterday's dividend cut may cause a quick pop in the stock.