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

2017-03-17

Opinion for North West Company (NWC-T)

Signal Price Bias Subject Owned
HOLD $30.670 CAUTIOUS CANADIAN LARGE Yes

The business model has always been a really good one. They tend to sell in markets where competition has been more limited and prices high. Looking long term, the structure of those markets might be changing, but they have diversified. They own a number of Giant Tiger stores. They have operations in the Caribbean. He would prefer to buy this when it is under $30, and closer to $25 if it was available. It is not cheap now, trading at 4X BV.

Michael Sprung
President, Sprung Investment Management http://www.sprunginvestment.com/

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