Stock price when the opinion was issued
Gently sloping uptrend since October 2022, but has now jumped up off trendline. Could be considered overbought, but you have to watch momentum indicators. He really likes the money flow indicator you can get from stockcharts.com.
He uses a weekly chart for momentum. If it's overbought, he lets it rest awhile. Could be starting a pullback, when it would be a good opportunity to buy.
Great business, you'll do really well. He hasn't done enough research into it to compare it to what's already in his portfolio. But charts don't lie.
Its ability to repurpose from newspapers and radio into data is just breathtaking. Loves the capital-light, subscription-type businesses. AI has not hurt its business. See his Top Picks.
One of the stronger companies and brands in Canada. Successful transition to a digital company, offering subscriptions to data. Low capex, recurring revenue. Profitability was challenged, but now improving nicely. Very expensive at 43x PE. Small yield of 1.3%.
Stay away for now on valuation, but watch, consider buying if shares correct.
Very much technology-driven in have-to-have services in accounting, law, and other areas. Gaining penetration in its industries. Problem now is the high multiple, has become more like a growth stock. Better places to look.
It never hurts to take a profit, because you never really make money until you actually realize it. Overall, he's cautious on markets. When markets fall, they often throw the baby out with the bathwater; good companies go down, but perhaps not as much as the high flyers.