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Today, The Weekly Buzzing Stocks by Billy Kawasaki and The Panic-Proof Portfolio (Stockchase Research) commented about whether CNQ.TO, CVX, MRE.TO, AMZN, ABC, IBKR are stocks to buy or sell.
Rallied when Democrats got into power, got ahead of itself. Higher interest rates have been a headwind. Likes it. Quite large, global player, involved in different sources of renewable energy. Westinghouse gives them niche entry into nuclear. Most cashflows are inflation-protected. Relatively attractive yield of 4.5%.
Yesterday down 25%. Revenue guidance brought down on weakening consumer base. This further depresses operating margins from already increased costs for warehousing, store openings, and inflation. Market's questioning management credibility. She believes in its long-term growth potential.