themoneynarrative 3-month report card – Russel Metals (RUS.TO)

Report publication date: November 21, 2017
Recommendation: Buy on dips, bearing in mind that RUS.TO’s next $0.38 dividend has a November 27, 2017 record date (meaning that you have to buy the stock by the end of trading on November 23, 2017 if you want to receive the dividend).
Prior trading day (November 20, 2017) price close: $28.35
Report date (November 21, 2017) trading range: $28.39 – $28.68
3-month report card prior trading day (February 20, 2018) price close: $31.90
Price gain: $3.46 (acquisition deemed to be mid-point of report date price open and trading low in first hour of trading ($28.44))
Percentage gain (3 months): 12.2%
Stock categorization: HIGH DIVIDEND PICK

themoneynarrative report card grade: A

Note: Themoneynarrative report card grades are assigned primarily on the basis of gains evaluated in the context of the stock categorization (TOP PICK, CORE DIVIDEND PICK, HIGH DIVIDEND PICK, DIVIDEND PICK, SEEKING ALPHA PICK, TRADING PICK, or VALUE PICK) (See themoneynarrative rating system).  Accordingly, for example, we have a much higher expectation for any TOP PICK, meaning that a greater price gain is expected for a high grade to be achieved.  Certain selections, by their very nature and in accordance with guidance offered by themoneynarrative in its reports, are not expected to realize gains of much significance, particularly in the short run.  Thus, other factors may be given more weight in the evaluation.  Where appropriate, themoneynarrative will provide an explanation to clarify the grade assigned.

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