Alimentation Couche-Tard Inc T.ATD

What Now?

[bucheroncapital]

Ok the easy part was buying @ $36 the hard part is what  to do now @ $40 and change ?

[WillyWally]

The easy part is to way until Q4/2020 release end of February for $45 then the hard part will start ;-)

[GeorgianBayGuy]

I agree. We are still in the "easy part" until we get into the $45-$46 range... but by then there will likely be further information available regarding financial performance and new growth plans to help guide our way.  For me this is an easy hold at the moment. -GBG

[jlohmuel]

It is going to be a long month+ until the next financial release date of Mar-17-2021. Hopefully, ATD moves back up to the previous level of $45-46 and then we will have to see. TD has 1-yr target of $ 53, CFRA $ 49. But players in the market might also take some profits over the next month given that we are at another HIGH. Probably, people smoking too

[BlueJay2020]

I really don't see the risk to ATD of a market-wide pullback - not at $40.  This is a growth stock, but not in the realm of a Canada Goose, which sink like a stone a year ago, and is now flying high again.  The stock was only down 15-20%, not 50%.  I like how it is going at the moment, slow and steady and accumulating strong hands who are not just looking for a quick flip and

[bingostar]

You are right , this is an ultimate buy opportunity at 41$. Insiders have massively bought the stock under 40$ , the reason some funds shorted the stock at 45$ is no longer valid , the carrefour deal will never resurface. ATD has beaten analysts estimated every time , margin on the fuel are extremely lucrative , not to mention on cigarettes and alcool. You will see some short covering before the

[peter75]

this stock is range bound take position sell position only stay within your range there us no growth in a pandemic we will see how creative the suits are on strategy perhaps the big take over announcement was a ploy to let te market in their space know you better be in good shape because we are coming at you

[GeorgianBayGuy]

Zero evidence that this stock is "range bound".  With the exception of some profit taking yesterday, ATD has been on a steady march upwards since the Carrefour aftermath.  Absolutely no reason why SP cannot get back into the mid-40s based on valuation.  Also, the inevitable unwinding of short positions over the next couple of months will also provide a tailwind. Easy hold

[peter75]

I say 37 before 40 no dividend big enough and other sectors are much hotter money flows leaving

[WillyWally]

If you're convinced of this, buy some puts and profit. Personally, I think these options would expire worthless ;-)

[peter75]

willy wally dont fight the tape

[WillyWally]

So, did you buy some puts?

[peter75]

nope ill rebuy half share at 38 and. the other on how it responds this stock is tired