Ok I need the cash, for the next crash!
Loblaws is a stock I know well, my first and second job was there , most of my family has worked for L at one time or another.
Food retail business is solid, but there will come a time when other players will come in and shake things up. (Amazon)
The fundamentals are very good, Loblaws will shift its focus on the online structure and will spend a lot to defend its turf.
I will stay on the side and wait for now.
Look for the PE to rise substantially and Div could be under pressure.
Once BV fall below 1.8 it will be time dive back in.
Loblaws is a stock I know well, my first and second job was there , most of my family has worked for L at one time or another.
Food retail business is solid, but there will come a time when other players will come in and shake things up. (Amazon)
The fundamentals are very good, Loblaws will shift its focus on the online structure and will spend a lot to defend its turf.
I will stay on the side and wait for now.
Look for the PE to rise substantially and Div could be under pressure.
Once BV fall below 1.8 it will be time dive back in.