CNQ-T -0.14 HBM-T 0 SLF-T 0.5 KEY-T 0.06 BIP.UN-T 0.14 POW-T 0.31 BBD.B-T -0.13
Daily Stock Opinions and Ratings
Stockchase Opinions

Stephen Takacsy, B. Eng, MBA Lassonde Industries Inc. LAS.A-T WEAK BUY Dec 11, 2024

Tariffs shouldn't be a problem. Now improving operations and margins. Juice not growing as much as in the past, due to concerns about sugar intake. Not expensive, very well managed. Not a liquid stock. For a long-term value investor.

He's never owned it. Quite acquisitive in the past. Topline has slowed, hard to see how it's going to move the needle for a decent growth rate.

Stephen Takacsy, B. Eng, MBAStephen Takacsy, B. Eng, MBA
No
Unlock Rating
$178.980

Stock price when the opinion was issued

food processing
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
Get Signals Create your Watchlist

You might be interested:

PAST TOP PICK

Lassonde Industries Inc.(LAS.A-T)

Apr 29, 2010
(A Top Pick April 28/09. Up 64.22%.)
Michael SmedleyMichael Smedley
Owned
Unlock Rating
$55.040

Stock price when the opinion was issued

food processing
PAST TOP PICK

Lassonde Industries Inc.(LAS.A-T)

May 27, 2010
(A Top Pick April 28/09. Up 47%.) Best known for its fruit juices. Larger than Tropicana and other giant fruit juice firms in Canada.
Michael SmedleyMichael Smedley
Owned
Unlock Rating
$51.000

Stock price when the opinion was issued

food processing
HOLD

Lassonde Industries Inc.(LAS.A-T)

Feb 02, 2011
Food Services/Products, largely dairy. Long-term hold. 2% yield.
Sandy McIntyreSandy McIntyre
Owned
Unlock Rating
$59.000

Stock price when the opinion was issued

food processing
TOP PICK

Lassonde Industries Inc.(LAS.A-T)

Sep 15, 2011
Juices and sauces. Recently made a US acquisition. Very good ROE. Clean balance sheet. Debt will temporarily go up 2.3-2.4 times EBITDA.
Michael Simpson, CFAMichael Simpson, CFA
Owned
Unlock Rating
$69.110

Stock price when the opinion was issued

food processing
COMMENT

Lassonde Industries Inc.(LAS.A-T)

Oct 31, 2013

A French Canadian company. The principal Canadian fruit juices, etc. company. Chart looks like it is endlessly going up.

Michael SmedleyMichael Smedley
Unknown
Unlock Rating
$93.800

Stock price when the opinion was issued

food processing
TOP PICK

Lassonde Industries Inc.(LAS.A-T)

Dec 04, 2017

The CEO has been an excellent creator of shareholder wealth. They went through a period of consolidation and have not broken through the 250 day moving average. They are a stead grower. (Analysts’ target: $272.50).

Jason Del VicarioJason Del Vicario
Owned
Unlock Rating
$252.000

Stock price when the opinion was issued

food processing
TOP PICK

Lassonde Industries Inc.(LAS.A-T)

Oct 26, 2021
A defensive stock. A large producer of juice in North America in stores, large and small. They're one of the leaders in an oligolpoly. Pays a 2% dividend in a steady business and trades at a 6.7x EBITDA, half of its peers.
Colin StewartColin Stewart
Owned
Unlock Rating
$174.630

Stock price when the opinion was issued

food processing
HOLD

Lassonde Industries Inc.(LAS.A-T)

Nov 09, 2021
Have grown aggressively by acquisition. Fruit juice market is mature, so they've been diversifying. 20% ownership in Diamond Estates, and could buy the rest. They'll probably push harder in this sector. Excellent operators. Not a high growth sector, so trades at a low multiple.
Stephen Takacsy, B. Eng, MBAStephen Takacsy, B. Eng, MBA
Unknown
Unlock Rating
$178.750

Stock price when the opinion was issued

food processing
PAST TOP PICK

Lassonde Industries Inc.(LAS.A-T)

Feb 19, 2025
(A Top Pick Oct 26/21, Up 15%)

Stock fell soon after recommending, he sold, now it's recovered. Good company. Supply issues and inflationary pressures have normalized. Pretty good value at 11-11.5x PE. Watches it; could potentially add on a pullback.

Colin StewartColin Stewart
No
Unlock Rating
$191.920

Stock price when the opinion was issued

food processing

Your Watchlist

Add stocks to watchlist to monitor them daily and get important alerts.

Latest Buy Signals

WCP-T -0.13$8.15
PNG-X 0.105$2.475
FTG-T -0.06$9.19
WMT-N 0.09$95.31
COST-Q 6.62$985.16

Today's Top Picks

CNQ-T -0.14$40.76
HBM-T 0$10.29
SLF-T 0.5$81.66
KEY-T 0.06$43.06
BIP.UN… 0.14$40.37

Popular Articles

Questrade Review: Pros & Cons of Trading with Questrade Canada (2021) Steady Eddys: 3 Stable Stocks Between Safety and Risk: 3 Safe and Gambling Stocks 3 Oversold Stocks to Take Advantage of 5 ETFs for Index Investing

Latest Sell Signals

MU-Q -1.92$76.64
HPQ-N -0.03$25.36
LSPD-T -0.25$13.83
TSLA-Q -1.55$284.33
ARE-T 0.03$15.93

Most Recent Experts

Michael Sprung

Michael Sprung

Sprung Investment Management

Larry Berman CFA, CMT, CTA

Larry Berman CFA, CMT, CTA

ETF Capital Management Inc.

Stockchase Insights

Stockchase Insights

5i Research

Jim Cramer - Mad Money

Jim Cramer - Mad Money

CNBC

Greg Newman

Greg Newman

Scotia Wealth Management

© Stockchase Inc.