Q: Hi 5i
AC is to report earnings tomorrow. In your opinion, what will it take to move share price in positive direction? Last summer sp headed in the right direction till market drop....
Long term share holder,...looking forward, would you continue to hold...time frame shortens every year, now looking about 2 yr horizon.
Can you suggest alternatives to AC with reasonable growth/risk.
thx
AC is to report earnings tomorrow. In your opinion, what will it take to move share price in positive direction? Last summer sp headed in the right direction till market drop....
Long term share holder,...looking forward, would you continue to hold...time frame shortens every year, now looking about 2 yr horizon.
Can you suggest alternatives to AC with reasonable growth/risk.
thx
5i Research Answer:
AC is always going to be cyclical. Growth/lower risk alternatives could be: DOO, TFII, WSP, BN.
On earnings, investors will be looking for guidance as to trends and costs. The company 'misses' half the time and this needs to be improved for investors to have more reliability.