ATD (Alimentation Couche-Tard)?

0
0

Hello: ATD (Alimentation Couche-Tard) is down almost 13% the last six weeks. Would you consider this a good opportunity to purchase a position. Currently below the 200MA. Do you see something wrong with their fundamentals or perhaps the stock has just run out of steam for awhile.

Marked as spam
Asked on April 4, 2024 12:57 pm
130 views
0
Private answer

Pulled the pin and bought a small position. Like many others I suffer from paralysis by analysis Sometimes you just have to go for it.

Marked as spam
Posted by bpl521@outlook.com
Answered on April 15, 2024 10:38 am
0
Private answer

Thanks all, been sitting on the sidelines on buying so may be the opportunity to get into a position.

Marked as spam
Posted by bpl521@outlook.com
Answered on April 5, 2024 4:28 pm
0
Private answer

The company has just had a couple of rough quarters. A lot of people tend to focus on the downs and not the ups. It's important to understand this company went on a near 40% run prior to this 13% dip. This is just the natural ebbs and flows of the market and realistically, it is not all that surprising to see a company's share price take a bit of a step back on softer results.

Would I add right now? I would have zero problems in doing so. However, if you're a stickler for technicals, a lot of people wouldn't purchase below the 200 DMA. You'll very likely get better results from your portfolio ignoring these technical indicators and focusing on the long term however.

Marked as spam
Posted by Dan Kent
Answered on April 4, 2024 2:57 pm
0
Private answer

ATD is still a very well managed company with a lot of growth potential. I have full faith that the people who have been running the company so well for so long will infact turn things around. The addition of Stephen Harper to the board of directors will help the situation. So I believe it is a strong buy right now as prices dip. I'm not a financial advisor though so please do your own do diligence in researching the fundamentals . But overall I believe it will recover well and give good returns to those who partake of the dips now

Marked as spam
Posted by ioanidisbill@gmail.com
Answered on April 4, 2024 1:54 pm