Take a pass on red-hot CAE stock, this investor says

Dec 04 23:12 2019 Print This Article

Canadian aviation simulator and training company CAE (CAE Stock Quote, Chart, News TSX:CAE) has been a true performer over the past few of years but all that success has now put the stock in overbought territory. So says Michael Sprung of Sprung Investment Management, who thinks the stock is closer to a Hold at the […]

The post Take a pass on red-hot CAE stock, this investor says appeared first on Cantech Letter.

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Cantech Letter

Founded in 2008 by Nick Waddell, Cantech Letter is an online magazine focusing on Canadian technology. The site has grown into one of the most popular and respected financial sites in Canada, and was described by Canadian Business Magazine as “one of Canada’s premier technology newsletters”. Waddell, who is Senior Editor, is routinely called on by the mainstream media for perspective on Canadian technology, and has been featured on BNN, CTV News Channel, and the CBC program “The Lang and O’Leary Exchange” in addition to mainstream print media such as The Guardian, The International Business Times, The Globe and Mail, Macleans, The Waterloo Record , Canadian Business, Slate, and Business Insider. You can email Nick at nick@cantechletter.com Cantech Letter is focused on those companies listed on the TSX and TSXV Technology, Cleantech and Life Sciences Sectors. Each year we present the Cantech Letter Awards, which honor Canada’s Top Technology Stock and Top Technology Stock Executive.

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