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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (111070)	8/2/2023 1:52:09 PM
From: Goose94	Read Replies (2) of 202085

Saputo (SAP-T) top pick from Robert Gill on BNN.ca Market Call Wednesday Hump Day August 2nd @ 1200ET Saputo is Canada’s largest dairy manufacturer and distributor. It is number three in the U.S. and number 10 globally. SAP manufactures and markets cheese, butter, spreads, milk and other dairy products which they sell in over 60 countries worldwide. Shares sold off recently due to quarterly results falling short of estimates. The inflation issues that the company is facing are temporary and shares should eventually rebound. This is a good entry point at 15 times earnings and a 2.6 per cent dividend yield. Last purchase: $28.14.

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