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Osdp Growth Investors: Is This Stock the Next Shopify (TSX:SHOP)
Last week,聽Air Canada聽 TSX:AC and WestJet got into a very public spat on Twitter. It started when WestJet announced that it had committed to issuing full refunds to everyone whose travel had been cancelled due to COVID-19. Air Canada replied that that had been its own policy all along. Shortly thereafter, AC Twitter feed filled up with people who said that the company had not, in fact, given them refunds.This incident is more significant than it appears. While it well known that Air Canada is experiencing financial problems this year, it looks like stanley cup it has some serious PR issues as well. It actually possible that these PR problems could make the financial stanley cup becher problems worse. I ;ll explore that in just a minute. First, though, let look at the refund question in more detail.Massive PR issuesAn airline stanley tumbler not giving refunds to customers who had had their flights cancelled could find themselves getting bad press. As it turns out, that exactly what 821 Wszi 3 TSX Multibagger Stocks Trading at Big Discounts
Canada Financial Index hasn ;t far stanley cup ed well during the most recent downturn. Now in official correctio stanley website n territory, the TSX Bank Index is down 9.53% in the past quarter. The Big Five banks have not been immune posting their biggest losses in a number of years despite continued growth and solid quarterly results.Last week, the Bank of Montreal TSX:BMO NYSE:BMO entered oversold territory. The bank, which has been one of the better performers among its peers over the past five years, reached a 14-day relative strength index of 18.42. In fact, it was the most oversold stock on the TSX last week. A 14-day RSI below 30 is one of the most common technical indicators that a company is oversold. Once a stock is oversold, there is usually a good chance for a rebound.Insider buyingIf being in oversold territory wasn ;t enough, Bank of Mo stanley tazas ntreal has seen significant insider buying. Why is this important When there is net insider buying, it is usually a bullish indicator for the |
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