Q: hi
regarding New Flyer it has been labelled a cyclical stock in the past. What cycle does that refer to? Is it the business cycle and the fact that there will eventually be a downturn or something to do with how the year plays out for them as I notice the stock seems to appreciate more in the first four months of the year?
thanks
Joe
regarding New Flyer it has been labelled a cyclical stock in the past. What cycle does that refer to? Is it the business cycle and the fact that there will eventually be a downturn or something to do with how the year plays out for them as I notice the stock seems to appreciate more in the first four months of the year?
thanks
Joe