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B
Review of Premium Brands Holdings Corporation
MAR 26, 2024 - The company has been making investments in the US, and management sees this as a major growth driver for the company. If the weakness in Canada persists, PBH has strategies to redirect capacity to the US market. It trades at a slight premium valuation relative to peers, and given the recent and expected weakness in sales, we are downgrading our rating by one notch to a ‘B’.
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5i Recent Questions
Q: I have held PBH for 5 years now. I like the increasing dividend and have seen a small amount of capital increase as well. I just added to my position. They are forecasting an increase in sales and EBITA of 50% or so over the next 3 years. With all the capex being spent on expansions some of this should help expand the margins as well. If this all works out I expect there is a reasonable chance of good capital expansions in the future as well as the dividend increases I have been getting. Any thoughts.
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Q: According to my Portfolio Analytics, I should raise my investment in the areas of Consumer cyclical and utilities.
Can you recommend your top 3 picks in both Cdn and US stocks for these sectors?
Thank as always.
Can you recommend your top 3 picks in both Cdn and US stocks for these sectors?
Thank as always.
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Q: Hi 5i!
Thanks for all your great work, I appreciate it very much,
What are your top Dividend growing growth stocks? 5 US and 5 Canadian?
Thanks,
Murray
Thanks for all your great work, I appreciate it very much,
What are your top Dividend growing growth stocks? 5 US and 5 Canadian?
Thanks,
Murray
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