Q: Given the recent earnings release and current share price, would you consider CIA a buy for short and long term?
Thank you!
Thank you!
5i Research Answer:
CIA is not perfect, and now it has to deal with another problem (Quebec wildfires). But considering earnings (good, better than expected at least), valuation (very low), good cash flow and the dividend, we would still see it as buyable. With a cyclical stock we would expect volatility, but it is priced right.