Alimentation Couche-Tard (ATD.TO)

They made two massive acquisitions in the US. Two earnings seasons ago they missed it and that affected the stock but that is over. He thinks it is a fantastic business. Great margins. Trading at 14 times next year earnings which is not expensive.

An incredibly well run company. They really are experts at integrating acquisitions. They’ve had big tailwinds over the last 18-24 months, in that as the price of gasoline has fallen steadily, their margins increase and people spend more money on other stuff. Have also cross sold some of their food products. Trading at the high end of its valuation range, but on any pullback this is a core holding.

(A Top Pick Feb 24/14. Up 9.48%.) Nov 1, 2019, 3.19%. At that time, he was a little nervous about rates rising which is why he went for the 5 years. Also, on a spread basis, he thought it looked pretty attractive.

(A Top Pick Feb 24/14. Up 4.09%.) Nov 1, 2019 3.19%. Was trading at a discount just 4 months ago, but is now trading at a nice premium. Still decent to look at, but your yield is getting below 3% right now.

Decent stock. Great way to get European exposure. It will expand and grow going forward. Growth stock that pays a dividend along the way.

Growth by acquisition story and has done very well. The acquisition they made in Europe last year has turned out quite well for them. Because she is a value investor, the multiples are always a little high for her. Well managed company.

Extremely well managed company. Done well expanding their retail reach. He thinks it is expensive and would not buy at these levels. Not a bad place to take profits.

(Top Pick Oct 16’13, Up 24.51%) There is a lot of runway left, especially with their expansion plans. They are upping same store sales and cutting costs out. If you don’t own it, buy in the summer or buy some now and wait for it to pull back down the road. If it doesn’t then you still own some.

Nov 1, 2019, 3.19%. A good pickup going out 5 years. It is an investment grade company.

Has had this on the radar for a while. Well-run company and have been growing by acquisition both in the US and Europe. He worries that too much of that is getting baked into the share price. There are a lot of things that can surprise investors such as gasoline margins.

(Market Call Minute) Likes it a lot. Great integration in Europe.

(Market Call Minute.) Getting cheap and she would buy if she saw oil prices lower and people increased their driving.

Has preformed extremely well for long time. Sales will be weak because of U.S recession. Stock’s not cheap, don’t see a lot of upside.

Will continue to have sales even if the economy rolls over. A more growth oriented name. Management is excellent at making acquisitions.

Have done a very good job of making US acquisitions and making money from them. It's an ambitious company in that the amount of work taken on in integrating their acquisitions is really quite daunting. Didn't do as well in their last quarter as people expected, so the stock fell off. Sells a lot of cigarettes and doesn't like that business. The stock will probably take a rest for the next 1/2 years.