MisterAsianLover
BANNED
- Joined
- Sep 10, 2015
- Messages
- 1,478
WJA.TO
WestJet on the TSX
Great stock to buy. Has been hit hard in the past 6 months, dropping in half and then increasing in price 20% over the past week ($30 to $15 then to $18).
But overall, fabulous company, profitable, increasing dividend, share buybacks, employee owned, highly rated, increasing capacity and RPMs. Buy it now when it is trading at 6 times earnings with a nice 3% dividend. Hold it for 10 years and you will be highly rewarded, my guess.
They were punished because of the economic impact of their Calgary market (oil based economy), but this headwind will pass.
WestJet on the TSX
Great stock to buy. Has been hit hard in the past 6 months, dropping in half and then increasing in price 20% over the past week ($30 to $15 then to $18).
But overall, fabulous company, profitable, increasing dividend, share buybacks, employee owned, highly rated, increasing capacity and RPMs. Buy it now when it is trading at 6 times earnings with a nice 3% dividend. Hold it for 10 years and you will be highly rewarded, my guess.
They were punished because of the economic impact of their Calgary market (oil based economy), but this headwind will pass.