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Deep Dive & Stock Recommend
My hope for this little bloggy-series is to provide real, actionable investment analysis and recommendations. So far I’ve warned you about predicting the future and pointed out we are in a bubble. It would be fair, at this point, to say “just gimme a stonk tip. NOW. Now now now now.”
Okay, fine, here you go.
Here’s the play: My idea is to buy Canwel building OTCMKS:CWXZF in February 2021, hold it until April 15th or later, sell if you want, then send me a thank you note. Will my idea work? I’ll be back probably in May or June to discuss how it turned out.
The Details
As of close of business today, 2/23/2021, Canwel Building Materials (OTCMKS:CWXZF in the USA) is trading at $6.16. My prediction is it will be at $6.76 or higher — a 10% gain — by the end of March. If it is under that amount, well, they will declare a dividend that will likely pay out March 31st that will take Canwell Building Materials over 6.76.
That is a 10% gain in a month.
Today I’ll explain where that prediction comes from. I will show you how I think, and I will actually take a stand for something. None of this Motley-Fool style “one stock that could be the next Amazon.” I’m talking about calling a solid second-base hit. Finally I will discuss the potential risks are to the investment along…