ATS Automation Tooling Systems (ATS.TO)

There is a shift of manufacture back to the US that will spill over into Canada. A play on automation and aerospace. There is a base, then it moved up and then another base. We had another move and it could consolidate, moving sideways for a while but no harm done. The story is good and the space is good. Catalyst to send it higher would be when money managers want to get into that space.

Feels the stock can go up over $20. Had major problems because of their solar divisions. Air France operation is now done with and they are dealing with their Ontario operation. Have a good backlog. The Ontario economy recovery is key because of what they have to do with the automotive/airplane sector, etc.

(A Top Pick April 17/12. Up 11.04%.)

(A Top Pick Jan 17/12. Up 41.52%.) Still likes. Has a lot of upside. Great play in terms of a recovering economy. Good management. Can see it getting back over $20.

Chart shows a very long sideways contained movement between $5.40 and $8, followed by a gigantic upward move in early 2012. It is now again back into a mega long-term sideways cycle. Old resistance levels of around $7.70 is now the new support. As a trader, you should Buy at around the $7 - $7.70 mark and Sell around the top at around $9. There’s no sign of it breaking out to the upside, it is a Trader.

(Market Call Minute) Surprising reaction to their report. More enterprise solutions now. A good entry point.

Just reported earnings that were not as good as people had hoped. Bookings for last quarter were not as good as expected. Overall backlog is pretty good. Likes management.

27 of 740 stocks in his database. Streamlining the company and working to get rid of solar side of business. Rather than making things that make things, they are trying to participate in the value add of the things they make. Looking at providing service rather than it being a one-time sale. He likes it. Backlogs are interesting. Good opportunity for the stock.

Sold off their division in France that went into bankruptcy so that will not drag on earnings. Their Ontario solar is now dragging on earnings. He can see this one doubling from here. Just had 20% revenue increase and 45% earnings increase.