She doesn’t follow this closely. This is a home improvement stock. She sees the sector as more Amazon-proof than other types of retailers, so she expects companies like Richelieu to fare better. Richelieu has done OK but her interest has shifted from the Canadian market to the US. She owns Home Depot because she thinks the housing market is stronger in the US.
A very long term uptrend since 2011. A complete reversal of that trend has occurred this year. An attempt to rally in June failed, but has key support at $27. He does not see strong fundamentals at the moment. He would do a small speculative purchase, but expects $31 to be key resistance.
You never really hear about it. It has been around for a long time and it has done well. It is a phenomenally well run company. It trades at a lofty multiple but they do a good job of buying these small companies and doing well.
(Market Call Minute.) A nice little niche company. It is quiet and sleepy, but it delivers the goods.
(A Top Pick July 22/15. Up 8.28%.) This does the supplying into retail hardware stores.
(Top Pick Jul 22/15, Up 1.24%) They are not your normal hardware company. They supply to hardware warehouse retail stores. They have a little higher multiple than he looks for, but the debt is very, very low.
Not really a hardware store, but they supply hardware to various things. Import a lot and manufacture and distribute specialty hardware. It does have free cash flow and net cash on the balance sheet. Strong balance sheet. Dividend yield of 0.83%.
Richelieu Hardware is a Canadian stock, trading under the symbol RCH-T on the Toronto Stock Exchange (RCH-CT). It is usually referred to as TSX:RCH or RCH-T
In the last year, 4 stock analysts published opinions about RCH-T. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Richelieu Hardware.
Richelieu Hardware was recommended as a Top Pick by on . Read the latest stock experts ratings for Richelieu Hardware.
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.
4 stock analysts on Stockchase covered Richelieu Hardware In the last year. It is a trending stock that is worth watching.
On 2022-05-24, Richelieu Hardware (RCH-T) stock closed at a price of $34.8.