Dollarama Inc. (DOL.TO)

Management knows exactly what they are doing in the sector, and now they are going to expand outside of Canada. You have to give them points for a really consistent execution. They have done almost nothing wrong since they re-emerged as a public company. Have completely dominated their niche and there are still opportunities. If management is going to expand, you want to ride that train with them.

A terrific company. Well-managed. There was a Short report out of the US explaining that the company sells goods in Cdn$, but buys them with US$. However, the company explained that they hedge their currency.

It is an expensive stock. It is a great company and it is going to grow. If it goes down a little bit, buy a little more. It should continue to grow and they suspect it will outperform the market.

This looks expensive, so the entry point has to be lower. After its big drop in Dec-Jan, it is back to delivering good earnings, but it is about 27X PE. If you own it, it is easy to Hold, but to get in, it is difficult and you would wait for a market pullback.

Their ROE is in excess of 100%, putting them at number 2 in terms of ROE. An extremely well run company. Their next earnings report will probably send them higher.

You can’t argue with how they have executed. A top pick today is similar to this one. They continue to build more stores and they continue to get more of each consumers spending. It has just dropped below where he would like to own it from a ranking point of view, but it is because it is expensive. If you put it away then maybe it gets acquired by a US dollar store at some point in the future.

This company has done well, starting off with a $1 price point, then $2, then $3 and are going to go to $4. There could be some good opportunities if you are going to Sell it here and buy it back later, but it is a very hard thing to do. Thinks they will continue to do well.

An excellent company. As a value investor, this is relatively expensive for her. The only way to get this is to be patient and wait for a bit of a pullback. If there is a resurgence in commodity stocks, there might be a pullback in non-cyclical stocks.

He likes stocks that have gone down and tried different levels. This one did and then has shrugged it off and is now moving back up again. The stock is very, very expensive, and isn’t something for the lighthearted. He would have no problem buying this.

Another Canadian phenomenal success story. How many more dollar stores can there be? Apparently there can still be a number more. The rate of growth is definitely slowing down. They have to increase margins to increase profits and that will be hard to do.

(A Top Pick May 21/15. Up 27.36%.) Sold his holdings at the $92 level last month, because it was heading back to its highs, and he thought it was a bit of a double top. He is going to wait and see if it comes down into the low $80s before he picks it back up again. A bit expensive at 25X forward earnings and a 17% growth rate.

One of the best run companies in Canada. Thinks they have plenty of store growth ahead of them. Same-store sales numbers are generally pretty good. This is effectively becoming a monopoly in this space in Canada. One day a US or international player will acquire them.

This is a great business. Sold his holdings at around $88, which is fair valuation. Trading at 30X earnings, which is expensive.

A great company and has done exceptionally well over the past couple of years. Trading at 27X forward earnings, which is difficult in this industry. He worries a little about the cost of goods sold if you have to bring in a lot of product from outside.

If you apply Eliot wave theory, we have a spike, peak and a failure. ABC. The consumers were leaders in the third wave advance. These will not make new highs in the fifth wave. The easy fruit has been picked. The stock will drift sideways. He would favour industrials or materials.