Bullboard - Stock Discussion Forum ECN Capital Corp T.ECN.DB.B

Primary Symbol: T.ECN Alternate Symbol(s): T.ECN.P.C | ECNCF | ECNNF | T.ECN.DB | T.ECN.DB.A

ECN Capital Corp. is a Canada-based provider of business services to North American banks, credit unions, life insurance companies, pension funds and institutional investors (collectively, its Partners). The Company originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial... see more

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ECN Capital Corp > National Bank Says Focus on Companies with De-Risked Growth

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Post by Blueswin on Jan 12, 2023 12:35pm

National Bank Says Focus on Companies with De-Risked Growth

National Bank said Wednesday that the operating performance and valuation upside for several companies under its coverage will remain constrained in 2023 as downside macroeconomic risks persist.

"Therefore, our preference to start the year focuses on companies with both robust, yet de-risked growth profiles and ongoing multiple re-rate potential," the analysts said.

With a focus on de-risked growth, the bank said Element Fleet Management Corp. (EFN.TO) and Trisura Group Ltd. (TSU.TO) are companies that provide the best combination of de-risked growth and compelling valuation upside.

Meanwhile, higher-risk growth/consumer credit-driven companies such as ECN Capital Corp. (ECN.TO), EQB Inc. (EQB.TO), and goeasy Ltd. (GSY.TO) are expected to outperform as risks to consumer spending/health go down.

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