New Flyer Industries Inc. (NFI.TO)

(Top Pick Sep 9/16, Up 25.11%) It has been in his stable of picks for 5 years, but he recently sold because the easiest money has been made. Now it is at that point where it saw a lot of turnaround and a lot of growth and the easy money has been made. He believes in taking profits. He would rather have cash.

(Market Call Minute) It had a great run up and you should take at least half profits. The growth may not be there in the future.

Bus manufacturer and after hour services. A very well-managed company. They have a lot of business in the US. She has this on her watch list, and on a pullback, she might add it to her portfolios. 2.4% dividend yield.

Still buying for new clients, but if your portfolio holds more than 5%-10%, he would be hesitant to add.

Historically, it always seems to have been the right decision to buy this on dips. They recently had a release where their backlog didn’t quite meet the estimates of the street. They still have a billion-dollar backlog and the total bidding opportunity is the highest it has ever been. They are great at executing their strategy. 2.5%-2.8% dividend yield.

This business is very strong and they continue to execute very well, both from the bus business as well as their coach business. Over time, they’ll probably pull some synergies out of the coach business as well as a stronger business for aftermarket parts. Trading at a reasonable multiple, and is not super expensive.

He would not worry about it. Stocks do trade 8% down without it having meaning. The only negative he has is that it has gone up so much and other analysts will think it is time for a pullback, but not according to his quantitative analysis. He likes it.

Chart shows that the upward trend has been steady, and it has now just pulled back to the trend line. This looks like the kind of stock you could probably get in on.

This has done extremely well. Once this got to around $50, it became fairly richly valued. Recently they were pre-announcing some pretty good numbers what they expected their deliveries to be in the current quarter. Municipalities need to replace and rejuvenate bus fleets. The coach industry seems to be doing fairly well. One of the few major manufacturers left in North America.

He missed the bus on this one. It has been a beneficiary of municipalities spending more on transportation. They are securing long term contracts south of the border. He would need to see a 10-15% pullback before trying to get into it now.

She is a huge fan of growth by acquisition companies, and this one is a perfect example. They’ve been a consolidator of the bus manufacturing industry. A very, very good management team. They’ve been very successfully integrating businesses. Profitability is great. Trading at about 17X forward earnings, so she doesn’t think of it as expensive. If they were to make another acquisition, she thinks the stock would pop.

A great Canadian momentum story. It has benefited from what is going on in the US, where they finally passed their infrastructure bill.

They make buses, luxury motor coaches and public transit buses. It has grown tremendously and is still growing. They’ve increased earnings by 600% since 2012. The dividend is secure and growing. Yields about 2.4%. He sees their backlog growing and their margins continuing to improve.

(Top Pick Apr 4/17, Up 12.29%) It is a play on transportation. They made some big acquisitions in the past and are integrating them so that you see the impact on margins.

A bus manufacturer out of Winnipeg. Very well-run. They recently did a transformational acquisition of Motor Coach International, so are now the largest bus manufacturer in North America. Feels they have a long runway of growth. Reasonably valued and also pays a bit of a dividend.