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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (111041)	2/18/2022 3:37:02 PM
From: Goose94	Read Replies (1) of 202290

Air Canada (AC-T) top pick from Jamie Murray on BNN.ca Market Call Friday Feb 18th @ 1200ET We believe the world is ready to travel again with the developed world reaching herd immunity. COVID-19 is not the first pandemic and it won’t be the last, yet global passenger travel has shown a relentless trend higher over the past two decades. Air Canada will emerge with a more efficient fleet, a decent balance sheet that provides deleveraging opportunities and a customer base that is itching to return to travel. There is some risk from newer low-cost entrants but Air Canada should also benefit from a return of cross-continental travel. We expect financial performance to reach 2019 in 2024 which could translate into a $40 per share target price.

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