G'day all - Cruiser, I noticed the breakout too. However, the teaser is on the volume side. If the volume is perking up, to say 2MM, then people will really notice.
Businesswise, the breadth and depth of NT's portfolio should lend stability to the bottomline, unlike BAY old days when the cycle of feast or famine reigned. I think the topline upside will the turbo boost for us. Another plus is the improvement of the economy in Canada. While NT is a multinational, which should be affected less by the Canadian economy, many of her customers are Canadian based, so their improvements should be her improvement. The downside is that the general market environment is toppish. However, being a value growth stock, I see NT can weather the coming downturn better than most.
best, Bosco |
