He doesn't know enough about the spinoff to be able to make a recommendation. Yield is 9%.
Now that the split's been done, things will need to settle. He holds both it and the spinoff, and he'll assess going forward.
Generally when there are spinouts, the spinout is set up for success. So he usually likes those products. At the beginning there are often a bunch of people who don't know it, sell it off, and that can be an opportunity.
South Bow is a Canadian stock, trading under the symbol SOBO-T on the Toronto Stock Exchange (SOBO-CT). It is usually referred to as TSX:SOBO or SOBO-T
In the last year, 1 stock analyst published opinions about SOBO-T. 0 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 South Bow.
South Bow was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for South Bow.
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.
1 stock analyst on Stockchase covered South Bow In the last year. It is a trending stock that is worth watching.
On 2024-10-08, South Bow (SOBO-T) stock closed at a price of $32.42.