I am including CNR in my diversified portfolio, reasons are listed as follows. Stocks in the diversified portfolio are CNR,AGQ,FCX,SRNE,SQ,PINS,TGT and NKLA. (https://tradeideablog.blogspot.com/2020/08/a-diversified-aggressive-growth.html, https://tradeideablog.blogspot.com/2020/08/adding-nkla-to-diversified-portfolionkla.html)
Cornerstone Building Brands, Inc., (CNR 9.05) together with its subsidiaries, designs, engineers, manufactures, and markets external building products for the commercial, residential, and repair and remodel construction markets in North America. The company operates through three segments: Commercial, Siding, and Windows.
1. Technicals: CNR is forming a bullish Cup and Handle pattern looks ready to break nearly 2 year high price at 10. Once 10 is broken to the upside, it may run to 14-16 area.
2. Good Fundamentals: Forward PE 13.62 while earning per share growth is +82% for this year, +260% next year, and +36% average/year for next 5 years.
3. Good valuation: Price to Sale 0.21, Price to Book 2.75, Price to Cash 2.06
4. Institution ownership is 90% and share flow is only 43 million.
5. Unusual Call options activities: Over 4500 March 19, 10 Calls traded, more than 28 times open interest today.
6. CNR upgraded by Zacks to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates - one of the most powerful forces impacting stock prices.
我将CNR加入在我的多元化投资组合中,原因如下。多元化投资组合中的股票现在有CNR,AGQ,FCX,SRNE,SQ,PINS,TGT和NKLA。(https://tradeideablog.blogspot.com/2020/08/a-diversified-aggressive-growth.html, https://tradeideablog.blogspot.com/2020/08/adding-nkla-to-diversified-portfolionkla.html)
Cornerstone Building Brands,Inc.(CNR 9.05)及其子公司,设计,制造和销售外部建筑产品,用于北美的商业,住宅以及维修和改建建筑市场。该公司通过三个部分进行运营:商业,壁板和窗户。
1.技术面:CNR正在形成看涨的杯状图形,看起来正经准备好突破10元的近2年高点。一旦向上突破10,它可能会涨至14-16区域。
2. 不错的基本面:前瞻PE为13.62,而今年的每股收益增长估计为+ 82%,明年为+ 260%,未来五年的平均年增长率为+ 36%。
3.不错的估值:价格/销售比率为0.21,价格/帐面价值比率为2.75,价格/现金比率为2.06
4.机构拥有90%股票,流通股仅为4,300万股。
5.不寻常的看涨期权活动:今天3月19日10元看涨期权交易量超过4500张合同,超过未平仓量28倍。
6. CNR被Zacks升级到Zacks最高级别(强烈购买)。此次升级本质上反映了收益预期的上升趋势,这是影响股价的最强大力量之一。
Hello Kim, would you know what caused the large fall in CNR's revenue in 2018? See the Income Statement here; https://elite.finviz.com/quote.ashx?t=CNR&ty=c&ta=0&p=m
ReplyDeleteAlso, Debt to Equity is 9.5x and their operating expenses are more than than revenue? How is that possible for a business selling building materials in the currently strong housing market?