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  5. CCA: Hi, stock popped yesterday but I'm not seeing a reason to explain such a move, notwithstanding a secular rotation is on again, and results were posted last week. [Cogeco Communications Inc. Subordinate Voting Shares]
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Q: Hi, stock popped yesterday but I'm not seeing a reason to explain such a move, notwithstanding a secular rotation is on again, and results were posted last week. RCI?
Asked by Darren on July 18, 2024
5i Research Answer:

CCA got a 'double upgrade' from Bank of America, with the broker focusing on improving margins and the strong balance sheet. B of A also indicated investors are underestimating its new potential growth rate, which it expects to improve in 2025. 

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