TSX:NWH.DB.G - Post by User
Comment by
born2tradeon Nov 04, 2022 1:27pm
227 Views
Post# 35073750
RE:Question
RE:QuestionCompany is facing several headwinds (higher debt servicing cost/borrowing cost , limited growth/acquistion, increased operating cost etc.) in short term and it is unlikey the we would see material increase in stock price unless Fed pivots and signals rate cuts. This may not happen until towards end of 2023 or early 2024 when we are in recession.
In my view , stock may drop to under $10 on market sell off or weak earnigns and that would be an excellent l entry point for long term hold .