Shoppers Drug Mart Corp (SC.TO)

HOLD
Great company. Well run. Nice solid balance sheet. Thinks it is fully valued. Tends not to sell off on its own but only during a market selloff.
TOP PICK
Solid company with some good growth potential and very defensive characteristics. Trading at about 16X PE and about 1:22 S&P Composite. Get out on October 27.
TOP PICK
(A Top Pick March 2/09.) 5.19% Bond due January 2014. Now yielding 4%. Great company that consistently hits its numbers. Still a Buy.
DON'T BUY
Likes it. Would need to get in below $40
SELL
45.61 is model price and target is 2-1/2 target. It was way over valued. Couchtard he likes, based on balance sheet and owns.
TOP PICK
Recession resistant in the front of the store and in the back of the store. Growth stock because they take market share away from competition. Hasn’t participated in the rally of the last month.
TOP PICK
5.19% bond due 2014. Currently trading below par and you're getting about 5.25%. They don't issue a lot of bonds and don't issue them very far out in the future. This one just came out in January. They get snapped up and people hang onto them. Very smart management team.
TOP PICK
Puzzle as to why it has under performed the TSX this year. May have been caught with all retail stocks. 2% yield. 50% of business is behind the counter in pharmaceuticals so it will mute any downturn in consumer spending. At 14X earnings it is very well positioned.
BUY
Looking at this one. Very well positioned as a classic defensive stock. Unlike many defensive stocks it has good growth opportunities.
TOP PICK
January/12 @ 4.8%. This is a name that you don't see that often. Good credit and fairly recession proof.
TOP PICK
A defensive growth play. Still have square-foot each to roll out in Canada, particularly in Quebec.
BUY
(Market Call Minute.) Very defensive. Demographics look good.
BUY
Great defensive story. Terrific management. Has fallen a little bit. If the market recovers, it could suffer when people leave defensive holdings. Somewhat expensive.
PAST TOP PICK
(A Top Pick Dec 20/07. Down 16.5%.) Stock is showing some reluctance to rally.
HOLD
One of the strongest in the consumer staples sector. Would have liked to have seen it hold the $45 level. Looks like it is trying to right itself. If the $41 level is breached, there is something wrong fundamentally.
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