TSX:NWC - Post Discussion
Post by
Possibleidiot01 on Aug 02, 2023 2:28pm
Robert Gill -BNN - TOP PICK
TOP PICK
merchandising / lodging $31.750
Owned
North West Company (NWC TSX)
Last purchase: $32.43.
NWC is a retailer of food, clothing, and small appliances. Many of its stores are located in remote communities and in Canada’s Arctic and Alaska. As a result, there is limited competition, which leads to higher margins and better profitability relative to many retailers. Shares have sold off temporarily and now is a good time to add. Shares trade at an attractive multiple of 11.9 times earnings and have an impressive yield of 4.9 per cent.
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