With the stock trading at industry multiples and the negativ...

Moomoo AI Nov 25, 2023 21:31

With the stock trading at industry multiples and the negative growth outlook, it might not be the best time to invest. Uncertainty and future potential losses suggest de-risking portfolios including SUM. Further SUM investment might be more appealing if the price drops below the industry PE ratio.

At US$34.91, Is Summit Materials, Inc. (NYSE:SUM) Worth Looking At Closely?

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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