Q: Could you give me your opinion on this stock should I buy now ???.
Jim.
Jim.
5i Research Answer:
CIA offers a nice dividend and decent growth. It is a bit leveraged, however, and earnings can be highly cyclical. But cash flow is good, and EPS of 60%+ is expected next year. Valuation is reasonable at 16X earnings, but the stock is down this year, largely on economic fears. We would consider it OK and buyable for higher risk investors wanting sector exposure.