BRP INC. (DOO.TO)

(A Top Pick March 30, 2017. Up 96%). This company does recreational vehicles (Ski-Doo) and has been doing extremely well since it went public. Even with the big price runup, this company still has decent valuation. It scores in the top 15% on valuation. The valuation is getting more expensive compared to when he invested, but it is still reasonable given the company’s growth profile.

A great stock. He missed buying it though. Great numbers. One of the few growth stocks. He'd buy it even at current 52-week highs. Consumer discretionary is a good sector in a stronger economy.

This does SeaDoos, Ski-Doos and ATVs. The company is doing all the right things. Did a 1st dividend a couple of quarters ago, a very strong signal for company paying a 1st dividend. The dividend will grow over time. It's an interesting name for exposure to consumer discretionary and baby boomer trends. Also has exposure to China, whose consumers are growing at a faster rate than other areas. Dividend yield of 0.7%. (Analysts' price target is $54.)

The recreational part of Bombardier. They do extremely well. He thinks it will continue to do very well. It is controlled by the fairly than this is not a bad thing. He doesn’t know if you buy it here if there is a big correction coming.

Was part of Bombardier. It was spun out. It is a bit of a growth story. It scores on the top 5% in terms of valuation. They have pretty good growth ahead of them. They have good price momentum. (Analysts’ target: $34.00).

Just reported really good numbers. The problem has been much more on the snowmobiles and the lack of snow. The outlook on their water sports side seems to be pretty good. They say they are getting traction and taking market share on their ATVs, and he thinks this is the big engine. Their main competitor, Polaris (PII-N), has had their valuations come down remarkably over the past year, which has weighed on this stock as well. If you have a view that the US consumer is going to continue spending in the US and Canada for recreational products, then it probably makes sense for you to hold onto this. His view is that the consumer is getting close to being tapped out.

Ski-doos. Has a fairly mediocre track record at the moment. In hugely better shape than Bombardier (BBD.B-T).