Q: NTR: bought Dec. 25 in my wife's RRIF - up 86% - 1000 shs. I see you still recommend - why? a small position in her portfolio.
NTR is subject to so many uncontrollable variables?
$140/share in 2022.
I want to get out before this stock crashes again - LOL
NTR is subject to so many uncontrollable variables?
$140/share in 2022.
I want to get out before this stock crashes again - LOL
5i Research Answer:
NTR is not risk free, and is a cyclical company. But there are disruptions from the Iran war, and contract prices could rise accordingly. The stock is cheap, offers a good dividend with growth potential and there is upside potential. We consider it attractive but for any cyclical stock we would manage position risk size.