Q: Hi ,
Do you see the dip in the markets as an opportunity to get into some stocks.
BN is down 16% in past month. How does the war affect BN ?
Could you suggest a few stocks that have come down as a result of this war… and present a good buying opportunity….. I am looking to buy now and hold for at least 5 years.
Thanks
Do you see the dip in the markets as an opportunity to get into some stocks.
BN is down 16% in past month. How does the war affect BN ?
Could you suggest a few stocks that have come down as a result of this war… and present a good buying opportunity….. I am looking to buy now and hold for at least 5 years.
Thanks
5i Research Answer:
The war is not likely to have a direct impact on BN, but sentiment towards stocks in general has shifted to the negative. But BN has a massive amount of capital available, and lower valuations will give it more opportunities for M&A activity. We think it is attractive for long term investors. Other ideas: CLS, CNR, MG, WSP, SHOP