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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (110651)12/9/2021 2:43:45 PM
From: Goose94Read Replies (1) | Respond to of 202211
 
Cascades (CAS-T) revisited 2.0 top pick from Michael Sprung on BNN.ca Market Call Thirsty Thursday Dec 9th @ 1200ET

Cascades is a manufacturer of tissue and paperboard packaging with more than 90 facilities in Canada, the U.S. and Europe. Over the last number of years, Cascades has been paring its diverse portfolio and has recently sold its European boxboard operations to Apollo Global. Going forward, it is expected that the focus will be on tissue and containerboard. The balance sheet has been improving, which should lead to further returns to shareholders through dividend increases and/or share buybacks. The valuation is very attractive and the current yield is around 3.5 per cent.

Last bought in June 2021 at $14.45