CNRD looks like a value stock to me as well.
Right now my exposure to barges/barge business is with ULTR. It does not look to me like this user of barges is doing very well. If ULTR is a proxy (I've no idea), maybe CNRD may have its difficulties sustaining consumer demand. I do not know.
In other times, if I identified something as a value stock based on its financial metrics and past business results, I'd be a buyer of the stock. In the stock market I'm currently experiencing - with so many possible value stocks available, I'm now trying to look closer at swot (company's strengths, weaknesses, opportunities, threats). I'd just rather pass on very small, niche, maybe cyclical companies like CNRD. For me, CNRD may be a value, but not compelling for a buy.
Jmo, and I've been wrong many, many times. |
