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Rona Inc (RON.TO)
Financials 
Technical Analysis 0
PAST TOP PICK
PAST TOP PICK
(A Top Pick May 20/11. Down 16.99%.) Has destroyed shareholder value for the last 5 years down over 55%. Major shareholders, including himself, are saying that things have to change. Things the value of the stock is north of $15-$17.
Norman LevineOwned
specialty stores
TOP PICK
Here is a company that does almost $5 Billion in sales and buys back stock. New CFO came in and he suspects they are back on track with the improving weather. This could be a take-over candidate but it is fundamentally cheap anyway. Dividend – 1.5%. He thinks company will do well on its own without a takeover.
specialty stores
HOLD
It has been painful. Part is self-inflicted and part is weather related. Hopefully this year will be better so same store sales should be better. Home improvement business in general is weak in Canada. They’ve never been as good as their competitors in the big box stores. Is below book value here.
specialty stores
DON'T BUY
Analysts have always said it is a takeover target. They are actually getting out of big box stores because they are not getting enough traffic. They do better with smaller stores. Their biggest advantage is that they are closer to their market. She has never liked this store. There is too much competition in this market. They would not be attractive to an acquirer because there are so many sizes of stores.
specialty stores
PAST TOP PICK
(A Top Pick Feb 28/11. Down 3.42%.) Hopefully the weather will be better and stock will recover this spring.
Norman LevineOwned
specialty stores
PAST TOP PICK
(Top Pick Jan 26/11, Down 28.20%) Hurt badly in the spring when weather was bad and housing renovations stayed low. Odds of another bad year due to weather are low.
Norman LevineOwned
specialty stores
TOP PICK
(A Top Pick Dec 29/10. Down 32.47%.) What has hurt this company mostly, is not the competition, but really the weather, which discouraged home improvements, which is their biggest market. A couple of years ago, the Canadian government put an incentive in for homeowners, which created a vacuum afterwards.
Norman LevineOwned
specialty stores
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