Alimentation Couche-Tard (B) (ATD.B.TO)

A bit of profit taking last week. It is just going to continue to the $100 level. A great company. Onward and upward.

Fundamentals on the stock keep improving. A roll up story, taking their business model around the world. His model price is $96.51, a 6% upside. If it hits the consensus earnings number for April 2014-2015, he has a price of $105 and a model price of $117. Good growth story. If you can get it at $86, it will be good for your portfolio.

Chart shows this is still in an upward trend. Has been flagging a little bit in the last week or so but its market performance is slightly better and is probably very close to its 20 day moving average. Technicals are still okay. Because this one is Québec-based, the April 7 election is going to be very important.

In past has had some sell offs on the stock, and current sell off is normal. Longer term trendline is in place, shorter term steeper trendline is also in place, and is currently being tested.

Well managed company. They held up really well in this last 6 weeks of turmoil in the market. Balance sheet is getting quite a bit stronger. Cash flow is great. Have a lot of business in Europe, which is great.

Very well managed company. Have been buying convenience stores over America, and now overseas. A little pricey at these levels, so he would wait for a pullback. He owns their bonds.

(A Top Pick Oct 16/13. Up 13.42%.) With their strategy, over the last 10 years, they have just continued to grow.

Multiple is probably not too bad. It is a brilliant company with its acquisitions. It does not overpay for its purchases. You could wait for the acquisition but then the stock would go up and you would miss it.

Has been a very good “growth through acquisition” story. If you have a very large position, he would suggest you pare this down. Probably one of the better bunches in terms of the staples in Canada, but growth by acquisition almost always ends at some point. Very good operators. He typically looks to Short the staples in Canada because they look very highly valued at this time.

Should be able to grow in line with its earnings.

(Market Call Minute.) Gasoline margins are driving this one. They are one of the biggest buyers of motor fuel in North America. A little tough to analyze.

Has a lot of runway. Made an acquisition in Europe. They are just rolling out their strategy. In a lot of the European gas stations, you can buy only gas and oil but this company is offering customers merchandise similar to what we have in North America. They’ll make other acquisitions as well. She buys this on a pull backs.

Investors are a little skittish and this one had a phenomenal run. The catalyst for this one will be Europe. A really well run company and this may be an opportunity to pick up more. Short positions have evaporated over the last month. A name that screens very well.

Just had a positive transit in his calculations which is a pretty strong signal. His model price is $81.21, but one year out he has a model price of $102.31. As the balance sheet grows at the same valuation, he has a $92 target a year from now just on the balance sheet.

(A Top Pick Nov 29/12. Up 58.69%.) People don’t know what this company picked up in their Stat Oil acquisition. Besides the $1.7 billion in real estate, they picked up 12 oil storage terminals, 400 tanker trucks, 2,300 stores, a company that provides fuel to 85 airports from Poland all the way down to Scandinavia and a lubrication business that sells 750 different products.