In the airline industry, sometime small is beautiful...
Chorus aviation (operating under Jazz) and affiliated with Air Canada is a small but very profitable regional airliner.
This is an undervalued company with a PE of only 5 and when you compare to others in the same industry, it could 'fly' a lot higher.
An when you include a 15 cents dividend (16% annually) it become an easy one to pick...
It has had a good run recently and a small pull back is possible. Originally i was trading it between 2,80$ and 3,30$ but the recents quarter results have made me change the range in which i will be trading it.
I will be in under 3,50$ and out over 3,80 for a close to 9% profit on each trade and at the same time capturing some time a very juicy dividend.
As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.
Get THE PLAY OF THE DAY on Twitter : @investman2
.
Chorus aviation (operating under Jazz) and affiliated with Air Canada is a small but very profitable regional airliner.
This is an undervalued company with a PE of only 5 and when you compare to others in the same industry, it could 'fly' a lot higher.
An when you include a 15 cents dividend (16% annually) it become an easy one to pick...
It has had a good run recently and a small pull back is possible. Originally i was trading it between 2,80$ and 3,30$ but the recents quarter results have made me change the range in which i will be trading it.
I will be in under 3,50$ and out over 3,80 for a close to 9% profit on each trade and at the same time capturing some time a very juicy dividend.
As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.
Get THE PLAY OF THE DAY on Twitter : @investman2
.
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