Shoppers Drug Mart Corp (SC.TO)

TOP PICK
Has gone sideways for a few months. One year target in high $50. Likes the new management.
DON'T BUY
It's a great company, but it's fully priced and the uptrend has been broken, and you may see the stock heading down from here.
PARTIAL SELL
Has plateaued a bit. Worried a little bit that absolute growth has diminished. Not one of his favourites. Would take a bit of profit.
COMMENT
Looking at this one closely as a consumer discretionary stock. Excellent growth. Not cheap at 25 X earnings.
PAST TOP PICK
Not much of a dividend yield, but a steady growth stock. Earnings growth is 22%. One of the primary retailers in Canada, if not North America. Still a buy at todays price.
DON'T BUY
Has been in a long-term upward trend. Thinks the upward move is over. Momentum is slowing down. Thinks it's dead money and it's not going to go anywhere.
HOLD
Quarterly numbers were fairly good. Likes the way they are formatting their stores. Good management. Pretty steady growth.
PAST TOP PICK
(A Top Pick May 31/06. Up 20.8%.) A premium Canadian growth company. Sees the growth continuing.
DON'T BUY
Ontario government is changing how they are paying for prescriptions, which means less money for drugstores. This has now made this and expensive stock.
WAIT
Ontario government is talking about the way it pays for generic drugs, so the stock pulled back. He would wait and see what happens.
PAST TOP PICK
(A Top Pick July 4/06. Up 25.8 %.) Good dividend. Strong Company.
BUY
Trying to merge into other types of shopping such as groceries that have low margins. They are still plugging ahead and doing it fairly good job of it.
PAST TOP PICK
(A Top Pick May 31/06. UP 21.8%.) Had recommended on valuation and growth. Can see 15% to 18% growth for 3-4 years.
BUY
Probably the best Canadian retailer. It always looks expensive. Dividend of 1.25% is growing consistently. Good management.
DON'T BUY
Likes this, but a little too expensive here. Impressive growth strategies. Would consider at $45.
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