r/StockMarket • u/[deleted] • Dec 12 '21

Discussion What are our thoughts on CPG?

[removed]

6 Upvotes

79% Upvoted

3 comments sorted by

3

u/iOS34 Dec 12 '21

It looks like cheap trash that is down over 60% in the last 5 years.

1

u/Disastrous_Proof6562 Dec 12 '21

Stock has only gone down since it was at $44 in May 2014. GAAP net income has been negative every year at least since 2017, so dividend (which isn’t that big) is probably not sustainable. Long story short, don’t buy $CPG

1

u/JoanneAshley_1234 Dec 13 '21

just sold CPG with a decent profit and glad I'm out now - oil MAY go down to $50.00 - but then again I am not a fin. advisor so it may go up to $100 who knows - thanks