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Goldilocks jobs report ends flat weekFlat Friday ends positive weekBay Street sinks, Wall Street climbsThis summary was created by AI, based on 13 opinions in the last 12 months.
Stella-Jones Inc. (SJ-T) is a well-established business in the railway ties and utility poles market, with a strong presence in both US and Canada. The company has reported solid earnings growth, increased net income, and raised dividends. While some experts find the stock to be expensive and recommend waiting for a pullback, others see it as an attractive long-term investment due to the ongoing infrastructure demands in North America. Overall, the company has been performing well and is expected to continue its growth trajectory in the coming years.
Not a monopoly, but biggest market player in railway ties and utility poles. Behemoth. Earnings beat today, solid results, net income up nicely, increased dividend by 22%. Shares dropped during today's conference call, due to commentary on "customer budget constraints". Still, US and Canada infrastructure spending to come.
Important business now, and will be going forward. Attractive multiple, very high returns, balance sheet quite strong. Likes it.
Very simple business, has done well, the only game in town. Stock's done so well, it's too expensive. He'd need to wait for a pullback.
US infrastructure demand is lifting shares. Well-run and returns are higher than the market. Trades at a good PE. Buy on dips or even now and hold long term.
Darling in market the past year. Railway sector very strong. Federal government always spending on railways. Would recommend buying for the long term. Current valuation very attractive.
It was a top pick pick a while ago and he sold a bit too early. It is well positioned for an increase in infrastructure demand since its products are needed for enhancing the grid. It is a long term buy but you could wait for a pullback.
NA's largest supplier of railway ties and utility poles. Owns and operates timberland and sawmills. 75% of demand comes from replacement work. Product is cheaper, more environmentally friendly, and lighter than alternatives. Attractive valuation of 14.5x earnings. Buy here, hold for long term. On a pullback, he'd buy aggressively. Yield is 1.5%.
Is tied to infrastructure which is a great tailwind. They make utility poles which need replacing in fires, so they benefit from climate change. The PE remains reasoanable.
Very boring business - railway ties & telephone poles.
Excellent business model.
Still has room for share price to increase.
Owns shares in company.
Very strong management team.
It is a great chart and recent moves have been parabolic. It is well over its 200 day moving average so is overbought. You could buy again on a pullback or buy more. There are free sites which can give you the 200 moving day averages.
It is in a slow moving business, utility poles and railway ties, but has had a big run-up lately. A good time to take profits.
They can gain a lot because the rails and ports need upgrades and reconstruction. He regrets selling this at $50 and now trades above $60. Now, shares a little expensive. A great company.
SJ reported revenues of $710 mln and EPS of $1.03. This beat estimates of $706.7 mln and $0.78 respectively. The company is expecting utility poles to grow by 20% annually into 2024. Utility pole revenue was up 29% this year quarter largely driven by pricing. Overall this looks like a solid quarter at first glance.
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A leading producer of railway ties and utility poles. New utility poles will be needed (double digit growth), including the fire-resistant ones that they developed a few years ago. It has a great balance sheet, lots of cash and is raising the dividend. A defensive growth stock trading at 12 X earnings.
Stella-Jones Inc. is a Canadian stock, trading under the symbol SJ-T on the Toronto Stock Exchange (SJ-CT). It is usually referred to as TSX:SJ or SJ-T
In the last year, 11 stock analysts published opinions about SJ-T. 10 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Stella-Jones Inc..
Stella-Jones Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Stella-Jones Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
11 stock analysts on Stockchase covered Stella-Jones Inc. In the last year. It is a trending stock that is worth watching.
On 2024-04-26, Stella-Jones Inc. (SJ-T) stock closed at a price of $81.78.
Likes basic materials in general, the WOOD ETF is performing pretty well. SJ is a special business. Good earnings growth. He'd be comfortable owning here.