Q: Hi,
Could you offer your thoughts on recent earnings and whether or you would be keen to own either of these stocks today. If there are other, more growth oriented options, I'd like to hear your suggestions. Either US or Canadian for a TFSA or RIF account.
Thanks - your advice is always much appreciated.
D
Could you offer your thoughts on recent earnings and whether or you would be keen to own either of these stocks today. If there are other, more growth oriented options, I'd like to hear your suggestions. Either US or Canadian for a TFSA or RIF account.
Thanks - your advice is always much appreciated.
D
5i Research Answer:
We have comments on FTS posted here.
For NTR, sales rose nicely, 19%, as did profit, but EPS did miss estimates (51c vs 55c). We would be fine stepping into this decline. The year estimate was largely in line with current estimates.
We like FTS, but we might give H the slight ege today given its stronger relative performance, and we like NTR on the fertilizer shortage and its large network of agricultural stores.