Saputo Inc T.SAP

Daren Sessons - BNN - TOP PICK

[Possibleidiot01]

Saputo Inc (SAP TSX)

1. An undervalued Canadian champion with substantial North American exposure and a growing international footprint.
2. The high Canadian dollar is currently dragging on the profitability of non-Canadian operations.
3. Expect continued tuck-in acquisitions moving forward.
4. Saputo is a COVID exit recovery trade as sales should rise as consumers increasingly return to the office and social settings.
5. The Saputo family own +30 per cent of the company and are managing it for longer term shareholder growth.
6. The discounted share price offers new money an attractive entry level.

TOP PICK

Saputo Inc.(SAP-T)

17/04/2022 at 08:00pm

Surprised it's fallen as far as it has. A recovery story, with increased activity in social settings. NA market leader in cheese and dairy. Growing international operations, which are under pressure. Expanding, tuck-in acquisitions. On sale, buying for new clients. Yield is 2.38%. (Analysts’ price target is $34.89)

food processing

$30.180

Owned