TSE:L

Loblaw Companies Ltd (L.TO)

61.80
+0.01 (0.02%)
as of Oct 6, 2026, 2:21:14 pm Market Open.
322 watching
0
DON'T BUY
Not buying because profit characteristics are very weak. ROE is still very weak. Been acting defensively because it is relatively cheap and is a consumer’s staple. Margins have started to stabilize. Would look for the start of a turnaround in the next 6 to 9 months.
WAIT
May have finally passed the worst, but he wants to see one or two quarters of growing profit to see.
SELL
(Market Call Minute.) Yuck.
TOP PICK
There is no great since of a magical recovery in the company’s fortunes. They are making a very great effort to remedy their problems. In this kind of market, this is one of the stocks that you can put into the “happy” bracket.
DON'T BUY
He is currently short this company (but long the George Weston preferreds as a pair trade) in his hedge fund. He continues to be worried about the presence of Wal-Mart (WMT-N). They are continuously out of stock on a lot of items and it looks like the re-branding will cost more money.
COMMENT
200-day moving average is still falling. Spent 7 months in base building. As long as $30 (roughly) holds and the stock continues to trade in this range there or is a chance it will move above the 200-day moving average.
DON'T BUY
Sold her holdings when Wal-Mart announced they were coming to Canada. They enacted a restructuring program, which she feels totally destroyed the basic fundamentals of the company. Fundamentals continue to be very weak.
DON'T BUY
$30 of real estate if they ever break it up, which is great but they’ve got to earn money. Distribution problems are still not fixed. Wal-Mart is still expanding.
SELL
Still doesn't like this one. Fighting with Wal-Mart. It will be a long turn around.
PAST TOP PICK

(Top Short April 25/08. Down 0.05%.)Pairs trade. Went Long George Weston preferreds (WN.PR.A-T) and Short Loblaws (L-T). Still likes for the next year.

TOP PICK
He sees the Book Value at $20/$22 a share and the real estate is likely undervalued in that. The market has priced in the worst-case scenario. There are a number of things being done that will provide improvement. Relatively low risk.
DON'T BUY
Energy inflation could weigh heavily in this sector. Doesn’t like this company. ROE is still under a lot of pressure.
DON'T BUY
In this kind of a market, this is the kind of a name that people run to. When the market bounces, this is not going to be the one that leads it to the upside. If you really want a defensive name, this might be the one to own. He'd rather have something that would give him a bigger pop in a market recovery.
DON'T BUY
Have to be pretty brave to get into this one, even now. Totally botched the revamping of its distribution warehouse system. Competitive threat of Wal-Mart and Sams Clubs cannot be underestimated
WEAK BUY
Has been really hammered down from 4X book to 1.5X book. Earnings estimates are not particularly supporting a rally of much consequence. If you had a five-year horizon, at this price it's not going to hurt you too much.
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