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  5. CIX: Hi, Is MG a buy? [CI Financial Corp.]

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Q: Hi,
Is MG a buy? It looks like it has a reasonable valuation. Tailwinds? Headwinds?

I've been holding CIX for about a year now. Got in at about $20. Can we expect some upward movement given the share buybacks and the large economic context?

ENGH...is it reasonable to expect this stock to get to 35 or so any time soon?

Yours kindly,
David
Asked by D on July 15, 2024
5i Research Answer:
MG we think is a HOLD; it is very cheap but needs a catalyst. CIX we think has potential, but...
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