What to do with Corus Entertainment, Barrick Gold, and Gildan titles? Here are some analyst recommendations that could impact future prices.
Corus Entertainment, a Canadian media and entertainment company, has been facing some challenges in the past year. However, many analysts believe that the company’s recent cost-cutting measures and focus on digital media could lead to improved financial performance in the grand term. In fact, some analysts have upgraded their ratings for Corus stock, predicting potential growth in the coming years. This makes it an interesting option for investors looking for potential gains in the media sector.
As for Barrick Gold, the world’s second-largest gold producer, things are looking more positive. The company has recently completed a merger with Randgold Resources, making it the largest gold producer in the world. This has led to increased optimism among analysts, with many predicting a surge in earnings and potential dividend hikes. Additionally, the rising price of gold has also been a positive factor for Barrick Gold. This makes it a potentially profitable investment for those looking to diversify their portfolio with a safe haven asset.
Another stock worth considering is Gildan, a leading manufacturer of activewear and underwear. The company has been performing well in recent years, with steady revenue growth and a strong presence in the US market. However, the COVID-19 pandemic has had a significant impact on its sales, leading to a drop in stock prices. But analysts remain optimistic, citing the company’s strong financial orientation and potential for growth in e-commerce sales in the future. This could make Gildan a good option for investors looking for a grand-term investment opportunity.
Overall, these analyst recommendations highlight the potential for growth and profit in the stock market. Investors looking for new opportunities should consider these three companies, each with unique potential for growth and success. However, it’s important to do your own research and consult with a financial advisor before making any investment decisions. With careful consideration and a positive outlook, investors can find success with Corus Entertainment, Barrick Gold, and Gildan stocks.