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Q: Hello:
Parkland- Up a little, down a little. Please give me your analysis. What could I replace it with? I already own Atd.
Thanks, Ben.
Asked by BEN on November 29, 2024
5i Research Answer:

While we continue to like PKI, we would be comfortable owning CVE, SU, or IMO. It has struggled a bit operationally, and is down 15% this year. Its balance sheet is highly leveraged, but verty good earnings growth is expected in 2025. We would like to see lower debt and an improvement in margins. Valuation is OK at 16X earnings. 

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