Seeking Alpha: Atlas Corp. Shares At Key Support Ahead Of Q1 Earnings

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Excerpt:

  • ATCO has given back a chunk of its post-COVID rally and shares now hang at key support.
  • An important earnings report is confirmed for Wednesday evening.
  • The company's management is scheduled to present at an investor conference in June.
  • The current valuation is attractive, but near-term momentum is weak.

Atlas Corp. (NYSE:ATCO) is a global asset manager operating through its Seaspan Corporation and APR Energy Limited businesses. The shipping and energy businesses can be quite cyclical and volatile. Let’s dive into where this financials sector stock may be headed.