How to Capitalize on the Falling U.S. Dollar...

It all begins tomorrow...

Benzinga

Sent on 17 December 2023 05:39 PM

Text Summary Of This Email

It all begins tomorrow...
Benzinga Research v2
Hi Trader,
The Dow Jones Industrial Average broke out to a new all-time high last week, and led the other indices on a 2.92% gain for the week.
The Nasdaq and S&P 500 finished up 2.85% and 2.49%, respectively.
Meanwhile, the U.S. Dollar took a big hit last week is it time for some international stock markets to start outperforming again?
Dont be surprised if investors turn to global tech stocks in the coming weeks or months due to high valuations in the U.S.One Canadian tech company is in a nice position to capitalize on a falling Dollar...
Here are four things I love about the company:
The company had a return on equity of 16.02% and a net margin of 2.58%.
It reported $0.65 EPS for the quarter, topping the consensus estimate of $0.61 by $0.04.
The company's EPS is expected to grow 19.4% year-over-year to $2.27 for the same period. It surpassed EPS estimates in all the four trailing quarters.
The tech darling has a free quarterly cash flow of $267.70 million.
I just released the company's ticker symbol days ago in my report. Get started here so that you can access that report and more to come.
Sincerely,
Gianni Di PoceStock Expert
Benzinga Research Logo - Horizontal
Legal Disclosures: This communication is provided for information purposes only. This communication has been prepared based upon information, including market prices, data and other information, from sources believed to be reliable, but Benzinga does not warrant its completeness or accuracy except with respect to any disclosures relative to Benzinga and/or its affiliates and an analyst's involvement with any company (or security, other financial product or other asset class) that may be the subject of this communication. Any opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice. Past performance is not indicative of future results. This communication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Benzinga does not provide individually tailored investment advice. Any opinions and recommendations herein do not take into account individual client circumstances, objectives, or needs and are not intended as recommendations of particular securities, financial instruments or strategies to particular clients. You must make your own independent decisions regarding any securities, financial instruments or strategies mentioned or related to the information herein. Periodic updates may be provided on companies, issuers or industries based on specific developments or announcements, market conditions or any other publicly available information. However, Benzinga may be restricted from updating information contained in this communication for regulatory or other reasons. Clients should contact analysts and execute transactions through a Benzinga subsidiary or affiliate in their home jurisdiction unless governing law permits otherwise. This communication may not be redistributed or retransmitted, in whole or in part, or in any form or manner, without the express written consent of Benzinga. Any unauthorized use or disclosure is prohibited. Receipt and review of this information constitutes your agreement not to redistribute or retransmit the contents and information contained in this communication without first obtaining express permission from an authorized officer of Benzinga. Copyright 2023 Benzinga. All rights reserved.
Benzinga, 1 Campus Martius, Suite 200, Detroit, MI 48226, United States, +1 877.440.9464
Unsubscribe
Manage preferences
✉️ Never Miss The Latest Emails From Benzinga

We will email you when we find new emails. No spam ever. 😊