Q: Current long term owner of NTR....still up by quite a bit. I have some TFSA cash available to add more to NTR. Happy to let it sit making 4.5% in a cash investment while Nutrien completes it's current slide.
Q#1 = while any stock can continue to plummet, at what level do you conclude that the current price is absolutely buyable? As I write this question, NTR is at $69. Using technicals with a 50mda and a 200mda, it looks like the slide could continue for a while. When does the data conclude that you should just buy it? No one can time the bottom, but NTR is getting to levels that are pretty interesting.
Q#2 = on the NTR profile page, in the top box the P/B = 1.351. Down below, P/B is 1.01. Are these numbers from different timeframes or a data provider mistake?
Thanks....Steve
Q#1 = while any stock can continue to plummet, at what level do you conclude that the current price is absolutely buyable? As I write this question, NTR is at $69. Using technicals with a 50mda and a 200mda, it looks like the slide could continue for a while. When does the data conclude that you should just buy it? No one can time the bottom, but NTR is getting to levels that are pretty interesting.
Q#2 = on the NTR profile page, in the top box the P/B = 1.351. Down below, P/B is 1.01. Are these numbers from different timeframes or a data provider mistake?
Thanks....Steve