RE:RE:AC Stock PriceHistoric returns: From X to today: (ex: 5 years from june 7, 2018 to june 6, 2023)
| Return | TSX | AC |
| | | |
| 10 years | 57% | 967% |
| 5 years | 24% | -4,70% |
| 3 years | 25,70% | 7,80% |
| 1 year | -4,30% | 2,60% |
| Year to date | 2,50% | 14,40% |
| 3 M | -2,80% | 7,80% |
| | | |
The best return was from may 2013 to Nov 2019 with a stunning 2,341% return for Air Canada. Many makes a lot of money in this period. For me AC was a game changer, it bring a radical transformation of my financial situation. I will never forget this stock.
The problem was the 2020/ 2022 period where AC underperformed the TSX (or diversified portfolios).
Since Jan 01 2023, the winner is AC and in the forseeable future, AC is well positioned to give decents returns. The 3,5B$ to 4B$ EBITDA forecasts are strongly backed by the bookings . This flow of cash will confirm the back to normal situation, the resumption of the trajectory towards the Investment grade rating etc.
At least, for this summer, investing in AC is easy money. The current price of 22$ is a joke and the potential to 28$ in a few months is clear.