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PaulDeep19131
Nov 8, 2019 2:06 AM

Alimentation Couche-Tard: Incredible Balance Sheet Long

Description

For those looking to add some stability with growth in their portfolio this is an excellent Quebec (Canadian) company with incredible numbers on their balance sheet. Within the next 12-18 months this stock will likely approach the 65-75.00 range.

Their last quarter had a whopping 570 million in pure cash flow.
Their last year had near 78 billion in revenue.
While their dividends are small-ish, they are adequate for the sector and are increased frequently.

This next recession will decimate speculative stocks with little to no cash flow.

This company is expected to surpass earnings again this year and I'll be waiting to buy at the 38.50-39.00 level before they post earnings later this month.

- zSplit

Comment

ATD has broken-out and will likely continue rising comfortably until near $50 where some resistance will be met.

This is an excellent long-term investment and should not (in my opinion) be shorted.
Comments
The_Unwind
Excellent analysis !
Your writing and thoughtful insights are on par with anything "Wall Street" puts out.
PaulDeep19131
@The_Unwind, Thank you man! Appreciated it! Much the same to you too! :D
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