When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
SJRWF - Shaw Communications: Long-Term Growth Outlook Intact
Shaw Communications Inc
Investment Thesis
Shaw Communications (SJR) (SJRWF) (TSX:SJR.B) delivered mixed Q3 2019 with modest revenue growth but a slight decline in its operating income. We continue to hold the view that Shaw's operating margin will improve in the next few years, thanks to its significant growth in its wireless business and an increase in wireline Internet subscribers. Shaw currently pays a 4.4%-yielding dividend. Based on our calculation, its share value could appreciate by 15.3%. Therefore, we believe this is a good stock for investors seeking capital appreciation and dividend income.