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Bullboard - Stock Discussion Forum Air Canada T.AC

Alternate Symbol(s):  ACDVF

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's... see more

TSX:AC - Post Discussion

Air Canada > I feel comfortable owning AC stock today!
View:
Post by JackWabbit on Jul 17, 2024 12:48am

I feel comfortable owning AC stock today!

All things considered, Air Canada stock looks fairly promising today. It trades at around three to five times earnings, depending on which earnings measure you use. And it’s doing billions in free cash flow, yet it trades at levels last seen during the COVID lockdowns when the company was losing over $4 billion a year. I’d be comfortable owning AC stock today.

Written by Andrew Button
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