Viewing Opinion | StockChase
stockchase picture

Compiling comments that experts make about stocks while on public TV.

2016-05-31

Opinion for Exco Technologies (XTC-T)

Signal Price Bias Subject Owned
BUY $12.760 UNKNOWN CANADIAN DIVIDEND No

An interesting one to invest in. In the auto parts business, die casts, etc. Has traded better than Magna (MG-T) and Linamar (LNR-T). There is a small knock against auto sales in the US right now, but he thinks they are going to flatten out. However, as soon as people get a sniff of auto sales slowing down, they hammer the stocks. This is a good entry point at 6X cash flow, not that expensive.

Steve DiGregorio
Portfolio Manager, Canoe Financial

No Comments.


You must be logged in to comment.