Update on the Target Price for STNG, after it's amazing Q2'22 Earnings Results (much better that what I was expecting):
$STNG (Scorpio Tankers Inc) (Scorpio Tankers Inc)
Biggest Product Tanker player. Cycle reverting. Big Leverage that will boost FCF. No immediate Debt repayment... 显示更多 翻译
Good NEWs! I added 3 new Companies to our Strategy (1 of which is not in eToro, but good to know if you also use another broker)!
Quick comments on each:
Biggest US Automotive Retailer. Cyclical (2 ~ 3 bear years, 5 ~ 10 bull years). The Cycle is still in a down... 显示更多 翻译
❞ The International Monetary Fund will cut its global economic growth outlook “substantially” in its next update ..
Central bankers around the world are finding it tough to find the right response to price increases that are driven by supply issues.
🔮 It's hard to predict the future with precision.... 显示更多 翻译
🏦 ❞ When interest rates rise, bank assets like bonds and loans tend to climb higher than their liabilities such as deposits.
🛡 ❞ insurance may not be the most exciting industry, it’s a defensive business that can provide plenty of portfolio protection — especially since insurers typically earn better... 显示更多 翻译