Q: What are your thoughts on these companies given an "iffy" economy and USMCA turbulence in the coming months? Would you buy at these levels?
5i Research Answer:
Both have very very low valuations, reflecing some or most of the current concerns (we have MG comments posted today). With cyclical stocks starting to act better, and with both below 9x earnings, we would be fine buying, asssuming an investor has a three-year timeframe or more.