Aecon Group Inc T.ARE

CFRA: A contrarian view

[Dibah420]

QUANTITATIVE STOCK REPORT | November 10, 2024 | TSX : ARE Aecon Group Inc. Recommendation [as of November 8, 2024]: SELL

Risk Evaluation: MODERATE Price: 28.18 (Nov 08, 2024 close) Trading Currency: CAD Country: Canada GICS Sector: Industrials SPGMI's Quality Ranking: B GICS Industry: Construction & Engineering Business

Summary: Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. It operates through two segments, Construction and Concessions. The Construction segment focuses on civil contd...

Quantitative Model Drivers[as of November 8, 2024] Recommendation: SELL Valuation Quality Growth Street Sentiment Price Momentum NegativeNeutral NegativeNeutral Neutral Price Performance Risk Evaluation : MODERATE Asset/Market Size Risk Moderate Financial Leverage Risk Moderate Price Volatility Risk Moderate Liquidity Risk Low Relative Strength vs Index As Reported Earnings vs Previous Year 40-Week Mov. Avg. Up Down No Change Volume Quantitative Ranking Below Avg. Above Avg. Quantitative Rankings: SB = Strong Buy, H = Hold, SS = Strong Sell Past performance is not an indication of future performance and should not be relied upon as such. Source: CFRA, S&P Global Market Intelligence (SPGMI) Total Return[%CAGR] YTD 1Yr 3Yr 5Yr TSX:ARE 152.2 171.5 24.5 13.9

[Gabriel]

Toggle AI, the likely most advanced artificial intelligence predictive model based on billions of trades, has an ongoing green buy signal, so does technical analysis that has been around for decades. What is the basis to counteract these signals to buy.

[Alexcanada]

A very interesting question Gabriel. I have noticed that the company has not repurchased any of its shares since the end of september (under 21$). It is because they feel that the sp is inflated at the moment on a short term basis ? If my hypothesis is true , why would I purchase shares at current price ? And by extension, should I not be selling some ?

[Gabriel]

Contrary to you, I am not here to trade short term fluctuations. You served a purpose to pull the share price from 10$ or so. It may very well be time for you to sell or you have probably done so. Good luck to you. As far as I am concerned and as I told the chairman, the shares were worth 50$ two years ago and are heading past that in the near fiuture. I am not interested in your daily

[Henrye]

Gabriel, this is a very good advice you gave to Alex. For those shareholders constantly watching the shares nervously , with one foot ready to jump, every time shares adjust slightly in either direction. As Gabriel said, take your profit and enjoy your gain and sleep well.  Based on good information and solid facts so far provided in the Q3 report card and the numerous informative posts by

[Ronbromleygross]

I agree with Gabriel. We have speculators or shorters or flippers or swing traders in EVERY stock.  It's natural and no big deal. But you have to figure out what this investment and its potential is worth based on one's own research and due diligence.   Mind you some investors on this board are much more advanced than the rest of us and have gone through a great  deal

[Alexcanada]

My goal has always been to be reduce my ACB as much as possible. Even though I have a core position, I like to trade some according to short and medium term fluctuations. This strategy has served me well since I started investing. And I never fall in love with a specific stock.

[Curious777]

Still in here and happy... recently made a million in a day... don't tell anyone, no one knows except you guys. i am lucky to have such a board to refer to once in a while.  To me, falling in love with a stock is not the worst problem - but it is forbidden to cry for a stock. And on the other hand, my rule is to never tell anyone that you make easy money... (except this Board

[Gabriel]

Haha there is the artist talking. I always said good engineering is an art and a pleasure. I know you are a smart retired engineer :) I finally moved yesterday into my new house after 3 years of heavy renovations. What a relief :) Good night everyone. Thanks Ron, Henry and all valuable members on this board.  

[Henrye]

Wish you all the best in your new castle , enjoy it and use it in good health to the fullest!  

[Henrye]

Ron , truly love your post, it says it all !!! ITS A NEW WAY AT AECON • THE BEST IS YET TO COME • YOURS TO DISCOVER • SANTA IS ON HIS WAY