greig

Long term investment idea

做多
NYSE:SCI   Service Corporation International
Hi every body. So first i will start with fundamentals. I think this is a good company to invest in for the long term because funeral area is the kind of service that will always have demand from customers. After that, i thinks service corporation intl has already prove its reputation because they operate since 1962 so i dont think they'll vanish in the next years. Note that the P/E ratio is at 15.23 wich is good. In Q2 2021 they has a revenue of 987M USD and earnings of 157M USD and have a positive growth annualy.

On the chart you see that it destroyd the resistance level of a long consolidation, wich i like to see before entering the market.


Thank you and have a good night

greg
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