TSX:SRV.UN - Post by User
Post by
flamingogoldon Dec 03, 2020 10:45am
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Post# 32025795
Lagging = value
Lagging = valueSIR is a low volume traded equity. Not many eyeballs on it and for this reason I believe it is a laggard.
The sectors hit hardest by covid have begun to rebound and are approaching their June peaks. KEG is just a few percentage points away from its June high. Even the hard hit cruise lines where covid first started to capture headlines in N.A. are within 10% of their June peaks. RCL, on the other hand, has since surpassed that mark and sits only 23% below pre-covid levels.
SIR, however, lags behind all of them. The recent pullback puts it at 45% below June's brief peak and still -65% pre-pandemic.
But, as vaccines rollout, the cases will drop, the snow will melt, consumer confidence will rebound and the laggards will finally be rewarded.
Bottom line, the opportunity today for great capital gains and a tax efficient double digit dividend for years to come is still on the table. GLTA.