Most Anticipated Earnings: ET-T, BB-T and more Canadian Companies Reporting Earnings this Week (Jun 22-26)
Here are the Canadian companies listed on Stockchase who are reporting earnings this week:
🏛 Financials
Opinion about AGF.B-T: Over the decades, they made poor acquisitions and should have accepted buy-out offers. It's now a shadow of itself, though is well run and generates cash. The only way to maximize value is to sell it (or raise the dividend each year).
💻 Technology
Opinion about ET-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research We would be OK holding this for income, but it is still a relatively slow-growth name with 'chunky' revenues. We would not expect huge gains here but the dividend flow is nice. Unlock Premium - Try 5i Free
Opinion about BB-T: Software only, with some good offerings. Canadians have a soft spot for it, but it's an also-ran. Better places to put money, such as a cheaper OTEX or something with more of a moat. Take your $$ and look elsewhere.
🛢Basic Materials
Opinion about LI-X: The company and lithium has got over hyped. The world is awash with lithium. We are short of processing capabilities. This is not the best capital allocator either.
🛍 Consumer
Opinion about CJR.B-T: Penny stock. Don't get involved. Teetering on the verge of bankruptcy. Though only 10 cents, could still have 100% downside.
Use this list wisely to identify buying opportunities.
Happy trading !!!