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Rogers Sugar Inc (RSI-T) opinion on 2018-06-12

Last Price Recorded: 5.3700 on 2018-06-20

ON STOCKCHASE SINCE Nov 2000

Consumer Products
Consumer Products
COMMENT

David Baskin
Rogers Sugar Inc was $5.360 at time of opinion
Owned : Unknown

This is an interesting stock to consider in the face of current discussions of tariffs. The United States sugar industry is heavily protected, and Rogers is protected in Canada. It is one of two main producers, a duopoly behind a tariff wall. He has wondered how long that wall would stand. With Trump in power, he thinks this wall will stay up for longer, making this stock more attractive. However, sugar is a low-growth or no-growth commodity. The social trend is against it and the younger generation consumes less of it. The yield is high (about 6%) and will probably not come down, but it is strictly a yield play. (Analysts' price target is $6.25)

UNKNOWN

All opinions for RSI-T (113)

18 BUY
1 BUY on WEAKNESS
19 COMMENT
32 DON'T BUY
18 HOLD
1 PARTIAL SELL
3 PAST TOP PICK
1 SELL
10 TOP PICK
3 WAIT
5 WATCH
2 WEAK BUY
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All opinions for RSI-T (113)

18 BUY
1 BUY on WEAKNESS
19 COMMENT
32 DON'T BUY
18 HOLD
1 PARTIAL SELL
3 PAST TOP PICK
1 SELL
10 TOP PICK
3 WAIT
5 WATCH
2 WEAK BUY
View All

More experts covering RSI-T

SAVE
Add RSI-T to Watch List

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1 Comment

boatowner2000

June 14th 2018 at 11:42am

Does David Baskin know that Roger Sugar (RSI)has moved into the Maple Syrup business in a big way?


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