05-25-2020, 01:13 PM
(05-25-2020, 11:42 AM)ChadR Wrote: The TAP cut is surprising. It was one of my stocks that wasn't worried about the dividend being cut. I figured their sales would be up during the time. Does this mean that DEO is my next stock to cut?
It's my estimation that we have about one more quarter to be concerned about the less than robust balance sheets. I would hope that companies will also resume providing guidance to analysts. When they decline to even give a forward revenue estimate, we are left guessing unless it's an aristocrat quality stock. I'd like to believe that 75%+ of the obvious cuts are behind us now as earnings season is practically over.