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

To: Goose94 who wrote (138770)	2/7/2023 2:46:02 PM
From: Goose94	Read Replies (2) \| Respond to of 202448

Cascades (CAS-T) top pick from Michael Sprung on BNN.ca Market Call Tuesday February 7th @ 1200ET Cascades is a manufacturer of tissue and paperboard packaging products composed mainly of recycled fibres with more than 80 facilities in Canada and the U.S. Inflation and lower volumes of product sales have had a negative impact on near-term profitability. The Bear Island containerboard facility will be coming online this quarter bringing greater operational efficiencies. The tissue business has been impacted by cost inflation and lags in realizing price increases but it is anticipated that pulp and recovered paper prices will moderate and higher margins can be achieved. The valuation is very attractive at 1/2 book value with a current yield is around 5.2 per cent.