Premium Brands Holdings Corp (PBH.TO)

They started by consolidating the lunch meat business and expanded into the US. They have done well to rebalance the leverage. They have developed new channels like providing sandwiches to Starbucks. He would like to see the debt levels further reduced before jumping in.

Trim? Outlook for a year? Very well managed. The high valuation has been keeping her away. Have to wait for a stumble or correction. If anything gets above 5-6 %, it’s prudent to sell down to manage risk. The small brands they own have room to grow. As with any stock with a high valuation, could get hit if there’s a stumble.

When to sell? This stock is getting now occupies 20% of a viewer's portfolio. Sell at 10%. He doesn't like PBH'sir sandwiches, but yes, there's demand for them and their food. Management is fabulous. Valuation is too rich at 28x forward earnings for him to buy.

This chart has been a rocket. He does not own it as it always seems too expensive. If you own it, continue to hold, but don’t add at these price levels. He respects the management team.

High-quality company with fine management, but also a high multiple. Has benefitted from Starbucks relationship via food offering. 27x forward earning makes him uncomfortable. He'd buy it on a pullback.

Technically, the stock is going nowhere. It has outperformed the market this year, it is now close to its all-time high and is in a consolidation phase. It is going sideways.

It is one of his favourite companies. It has always looked expensive and always will. It is about 20 times earnings. It is a premium operator. 7% annual dividend growth. They make small but astute acquisitions.

Sandwich giant. Had a great move and it is a trend that is going to continue. One of Canada’s leaders in the prepared foods space. Some hiccups along the way but they fixed their problems very quickly. Valuation is not cheap, but their execution has been great.

Has been a market darling for a number of years on the back of pre-made sandwiches they are selling. That business continues to ramp up like crazy, and thinks it is going to continue. On the other side they continue to make acquisitions in the specialty meat and deli business. This is always on his radar screen because of the growth profile. If you don't own, take a close look at it, because the potential for it to continue to grow over the years is pretty strong.

Very well-run company and involved in food, specifically premium type food. They've grown their BV tremendously. He first screened them at $30. If you want to initiate a position, wait for a pullback as the valuation is a little stretched.

Has definitely been a growth stalwart, a real leader over last 4-5 years. It’s been an organic growth, and more so a growth by acquisition story. Doesn't think the latest pullback is unduly concerning. Nothing has changed fundamentally. The multiple, over the last 4-5 years, has expanded close to 30X earnings now, which is very, very high for a consumers’ staples company, especially given that most growth is not really organic.

(A Top Pick March 27/17. Up 30%.) They've done some very good acquisitions, but missed their 3rd quarter, and the stock took a big hit. A couple of days later, they made a nice acquisition, and it got back everything it lost and then hit a new high. A nice solid company. Have good contracts and have made great acquisitions and have kept their balance sheet in line. This is a keeper.

It is one of the best. They are a great convenience for people. It is a brilliant company and is one of Canada’s best. You should buy it if you don’t hold it. If the market corrects after the end of the year then you might get it a little cheaper.

Sell or hold? The stock has done very well, and the company has done a great job of expanding their business. They’ve made a number of acquisitions which have been very accretive. If you are still holding your original number of shares, it would probably be prudent to trim it.

This is doing well. It is going through a bit of a bath with its franchisees. The market seems to be telling us that everything is going alright.