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Compiling comments that experts make about stocks while on public TV.

2017-01-11

Opinion for Alimentation Couche-Tard (B) (ATD.B-T)

Signal Price Bias Subject Owned
TOP PICK $60.100 UNKNOWN CANADIAN & FIXED INCOME Yes

This has been a tremendous value creator in the Canadian consumer space. The leading convenience store operators in North America. From Québec, they have expanded into the US, Scandinavia and the Baltics, and are poised to make their largest acquisition yet, which should be about 15% accretive to earnings. The founder has aspirations to double the company in size again in the next decade. The industry is still fragmented, and some big chunky assets should still come up on the block in the next couple of years. Dividend yield of 0.6%. (Analysts’ price target is $78.36.)

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council

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