TSE:HCG

Home Capital Group (HCG.TO)

44.26
-0.00 (0.00%)
as of Sep 1, 2023, 8:00:00 pm Market Open.
104 watching
0
WEAK BUY
Sold out when the market rolled over because of their mortgage business. He is re-considering it.
PAST TOP PICK
(A Top Pick Oct 16/09. Up 27.01%.) Still loves this one.
TOP PICK
Alternative lender. Have done a phenomenal job of growing their earnings over the last 12 years. Super cheap. Expect they will earn $5 this year. Pays a dividend. Reporting next week and expects analysts will have to raise estimates.
TOP PICK
Trading at a very cheap multiple and they are doing everything right. There's a huge demand for their mortgage. Increasing their market share.
PAST TOP PICK
(Top Pick Oct 16/09, Up 16%) Well-managed company, high return on equity. P/E multiple has been compressing over time. Good earnings potential over the next 12 months.
PAST TOP PICK
(Top Pick Oct 16/09, Up 12.51%) Doing very well.
HOLD
He is mad because he saw it and looked at it and missed it. Last year would have been a great time to get into this story. It is the sub-prime market in Canada. Their earnings didn’t drop. Now it is expensive. The sub-prime market will probably deteriorate, although not as much as in the US.
WEAK BUY
Interesting company, very well managed. An interesting part of the market. Their clients are not as risky as you would think. For a long-term investor, it is a good investment.
TOP PICK
Single best financial services investment in Canada. Unbelievable franchise. This is based on the consistency of the equity. Every year profits go up by about 25%, year after year. Although it has been flat for the last couple of years the multiple has compressed significantly.
TOP PICK
Mortgage lender that got slaughtered as people expected a similar situation that happened in the US. The exact opposite happened. Loan losses have been negligible. Raised its dividend 15X over the last 8 years. Great balance sheet.
HOLD
Big selloff in 08-09, which was unfounded. Reached an all-time high recently. Has a fairly big problem because it has never been really far beyond this level. If it breaks through, that's a very good sign but he thinks it's unlikely. Sell at the goes below $38.
PAST TOP PICK
(A Top Pick Oct 16/09. Up 17%.) Consistently high ROE year after year. 12 or 13th year in a row they have grown by 25% annually. Superb management.
DON'T BUY
Issue mortgages were banks sometimes won't. Have done extremely well over the last little while. Fully valued at this time.
TOP PICK
Hasn't had a sub 25% growth year in the last decade. Expecting to see another gangbuster year. Cheap. 1.6% yield.
PAST TOP PICK
(A Top Pick Feb 21/08. Sold last fall for $27 so he was Down 28%.)
Showing 316 to 330 of 383 entries