TSX:CSU - Post Discussion
Post by
adogsbody on Jan 05, 2022 7:56pm
CSU
This stock is being classified as a tech growth stock. Far from it. It grows by buying companies and growing the bottom line. They are not dependant on any technology or industry necessarily. They will flourish with higher rates. The companies who are selling will be more motivated as business activity declines. Also the price paid by Constellation for these new companies will not be as high.
A slow down and higher rates will only solidify future earnings of this company.
Dog
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