FREE version: BlogCast #3: Trading Range, Satellite Positions

25Apr23 $WBA $GPN

Summary

The market is in a broad trading range, affected by high borrowing costs which are reflected in company strategies and earnings. The plan is to phase out underperforming satellite positions and focus on core positions in the US and Canadian portfolios. Some companies with low valuations and debt are in the penalty box, and it's important to check whether companies are cash positive or have debt before buying. Earnings for certain companies are expected to continue to improve, leading to potential growth opportunities.

AUDIO Here’s a synthesized audio playback of the Purple Chips call between Raymond and John. You can adjust the audio speed.