CX Just one opinion out there. By: Carl Surran, SeekingAlpha news editor
"Cemex (CX -2.8%) slides after Goldman Sachs downgraded shares to Neutral from Buy with a $6 price target on Tuesday, saying energy cost inflation likely will not be fully offset by cement price hikes.
"Given the swift increase in energy costs recently, we believe short-term earnings will remain pressured which should drive downward earnings revisions in the following quarters and possibly drive lower guidance" once Cemex announces Q1 results on April 28, Goldman's analyst Bruno Amorim writes.
The analyst sees a potential downward revision to Cemex's guidance for mid-single digit EBITDA growth is "likely given that fuel prices have risen significantly, forecasting operating EBITDA falling 6% Y/Y in FY 2022 vs. Bloomberg consensus of a 5% gain.
Cemex's Q4 net profit nearly tripled to $195M but well below analyst consensus estimates."
Fidelity Canada FICDX I'm confused. Per Fidelity FXAIX 10 yr return 14.62% Fidelity 10 yr return FICDX 6.97% .
Fidelity Canada FICDX @CrashWhat other funds have you compared against FICDX for a
10 year buy and hold?
Any contrarians owned by anyone here which did not fall today? 6th April, '22 VPU, VIVIX, VDIGX, VGLSX and PQTIX(best performing fund I have YTD up 11.69%.
Any contrarians owned by anyone here which did not fall today? 6th April, '22 I finished up for the day, with 4 funds contributing to the positive... GSIHX, JEPI, UTG, SCHD. The big winners were individual dividend paying stocks...RPM +4.86%, ABBV +3.35%, AEP +3.14%, JNJ +2.6%, WPC +2.36%...etc. Looking at the list of positive contributors in several posts above, that appears to be the theme for the day.
Fidelity Canada FICDX FICDX. +100% in 10 years. Anyone own that fund and can gloat to the rest of us?
CX What the hell is going on here? World's biggest cement outfit, plus other materials. Has been falling like a rock. 10 year chart shows it has gone nowhere in in that time. CX. Cemex. I've heard there are governance issues?
DoubleLine launched two new ETFs
What are you buying - if anything? Just went back into DKNG at $17.50. / Waiting for a Buffett to come along. :)
Another Absolutely Awful Day for Bond Funds PRPFX stayed +/- 1.0% YTD so far through April 5, 2022. Duration is about 12 months withSEC yield 3%. Core bond funds have done worse, down ~7% YTD.