Today, Larry Berman CFA, CMT, CTA and Stockchase Insights commented about whether TCN.TO, STN.TO, SIS.TO are stocks to buy or sell.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Missed quarterly projections. Price increases just went into effect. Volume backlog in Toronto 3x last year. Margin expansion a goal. Unlock Premium - Try 5i Free
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Robust growing backlog. Improving fundamentals. Solid growth expected for 2022. Valuations reverted to long-term average. Unlock Premium - Try 5i Free
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Solid industry tailwinds. Fast paced acquisitor. Technology productivity helped scale. Premium valuation warranted. Unlock Premium - Try 5i Free
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. The Producer Price Index (PPI) measures changes in prices of goods and services at the producer/manufacturer level, rather than the consumer level. The PPI is traditionally known to be a leading indicator for future inflation, as a softer increase in the PPI puts less pressure on producers to increase their prices to consumers. When producers face input cost inflation, they in turn raise the prices of their goods and services to keep pace with inflation, resulting in higher inflation. The US PPI month-over-month change for July came in below analyst expectations at (0.5%) vs 0.2%, and this represents the first monthly decline since April 2020. This decline in PPI is encouraging to investors in that it signals that the headwinds for higher inflation are easing. Unlock Premium - Try 5i Free