What would you buy in the forest sector? He has little exposure here. Lumber stocks were hurt with American trade talk, though they benefit nicely from a lower Canadian dollar--and he thinks the CAD will decrease more. Buy IFP-T.
What would you buy in the forest sector? He has little exposure here. Lumber stocks were hurt with American trade talk, though they benefit nicely from a lower Canadian dollar--and he thinks the CAD will decrease more. Buy IFP-T.
(A Top Pick Nov 3/17, Up 54%) They have all done really well. This one is the 4th largest lumber player. The valuations now are not as cheap as when he bought them but the price momentum is still there. There is always a chance that someone takes them out. They have 60% production in the US so all tariffs would do is drive the price higher.
(A Top Pick Nov 3/17, Up 54%) They have all done really well. This one is the 4th largest lumber player. The valuations now are not as cheap as when he bought them but the price momentum is still there. There is always a chance that someone takes them out. They have 60% production in the US so all tariffs would do is drive the price higher.
It is oily Alberta that has almost ‘stranded’ oil. It has been stagnating due to the Alberta problems with where do we go from here. He prefers EMB-T.
It is oily Alberta that has almost ‘stranded’ oil. It has been stagnating due to the Alberta problems with where do we go from here. He prefers EMB-T.
This had a nice little bump in the last couple of days. This is probably the best example of a seasonal trade. The best time to own these stocks are normally from around late January to around May of each year. After it reaches its period of seasonal strength, it has a terrible history of dropping drastically or going flat. This year, the stock has come back to its long-term resistance level. It is reaching the period of time when the stock has a history of moving lower. If you own, watch it for the next couple of days. Any strength you see will be an opportunity to take some profits.
This had a nice little bump in the last couple of days. This is probably the best example of a seasonal trade. The best time to own these stocks are normally from around late January to around May of each year. After it reaches its period of seasonal strength, it has a terrible history of dropping drastically or going flat. This year, the stock has come back to its long-term resistance level. It is reaching the period of time when the stock has a history of moving lower. If you own, watch it for the next couple of days. Any strength you see will be an opportunity to take some profits.
She owns IFP-T. It has an attractive yield, being hit with declining energy prices. They made attractive acquisitions. They have a pipeline that will give them an attractive dividend for the next few years. She thinks that it will moderate going forward. It is a high quality name and well positioned. You could buy on weakness for the yield.
She owns IFP-T. It has an attractive yield, being hit with declining energy prices. They made attractive acquisitions. They have a pipeline that will give them an attractive dividend for the next few years. She thinks that it will moderate going forward. It is a high quality name and well positioned. You could buy on weakness for the yield.
Canadian forestry stocks? Canadian forestry stocks haven’t done very well because everyone knew the softwood lumber agreements were in question. Instead of the 30%-50% we were all talking about, it is only 20%, which is why these have just taken a jump in the market. Seasonally, forestry stocks start peaking out around now. This one had a strong break out in January and has had a run, even past the seasonal period. He would not be looking at forestry stocks. If you own, you could hold on for now and wait for it to turn down before getting out. Also, you could use a trailing stop and move your stop as it goes higher.
Canadian forestry stocks? Canadian forestry stocks haven’t done very well because everyone knew the softwood lumber agreements were in question. Instead of the 30%-50% we were all talking about, it is only 20%, which is why these have just taken a jump in the market. Seasonally, forestry stocks start peaking out around now. This one had a strong break out in January and has had a run, even past the seasonal period. He would not be looking at forestry stocks. If you own, you could hold on for now and wait for it to turn down before getting out. Also, you could use a trailing stop and move your stop as it goes higher.
It has come back and tested a previous level of resistance. It could have a bit of a jump as it tries to break out of a base.
It has come back and tested a previous level of resistance. It could have a bit of a jump as it tries to break out of a base.
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 4
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 5
Interfor Corp is a Canadian stock, trading under the symbol IFP-T on the Toronto Stock Exchange (IFP-CT). It is usually referred to as TSX:IFP or IFP-T
In the last year, 5 stock analysts published opinions about IFP-T. 4 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is WATCH. Read the latest stock experts' ratings for Interfor Corp.
Interfor Corp was recommended as a Top Pick by Michael Decter on 2020-02-18. Read the latest stock experts ratings for Interfor Corp.
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.
5 stock analysts on Stockchase covered Interfor Corp In the last year. It is a trending stock that is worth watching.
On 2020-04-03, Interfor Corp (IFP-T) stock closed at a price of $6.07.
