1 month Buy Northwest Company (NWC)? Reddit     

A retailer and grocer based in Winnipeg, similar to Costco and Walmart they supply essential items including food. They own Giant Tiger and other retail chains. The interesting thing I like about this company, is that they operate in rural locations like Alaska, northern Canada, Carribbean, which gives them virtually no competition from other large retailers.

They had recently just smashed earnings estimates and continue to increase their revenue, net income, and cash. The only thing I’m worried about is their debt, but will growing cashflow and how essential of an industry this company is in, they may be alright.

I think they’re a super cheap stock right now and with how resilient retail corps have been through the pandemic, NWC is a great defensive stock too. It also pays a solid dividend of 0.33 quarterly.

Would you guys consider NWC a buy at current prices of $33-34 and a hold for the long term?

submitted by /u/goldensn1per3
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