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