Alimentation Couche-Tard (B)

Great execution and story. The chart keeps rising. This is a keeper.

He likes it, but it's running into resistance. Don't enter, but take some profits or hold. The stock is stock.

A great consolidator though it's been under pressure recently given a potential acquisition in Australia (Caltex). Good valuation and dividend grower, great long-term. If ATD does buy Caltex company, it may cause temporary weakness; if they do a financing, then buy more stock. Lots of room to run for ATD.

It's done well long-term and is a great acquirer of assets. After buying businesses in North America, they now want to expand internationally. But there are better growth stocks outside Canada. Maybe buy on a pullback. It's a good, long-term growth stock though.

It is a well run company. They made some clever acquisitions. If you can get it on some kind of a selloff it is a good one to buy and hold. They are pursuing an acquisition in Australia, who sometimes blocks acquisitions from non-Australian companies.

Take profits now? Set targets. ATD has enjoyed a long uptrend since mid-2018, but if it falls below $39 (support level), then take profits. Now, it's consolidating. He doesn't expect much from this stock for a while; it'll likely continue to consolidate.

Been up rising mid-2018, but is now sideways. Will come back down to $40. Watch this after the market pullback in January. It may stabilize at $40 then rise. Maybe.

(A Top Pick Apr 09/19, Up 5%) He still likes it. They just absorbed a big acquisition. They still have room to grow globally and can make more acquisitions. They use a lot more technology to enhance their products. They're also spending on electronic vehicles, looking ahead.

Has done extremely well with all their acquisitions in the past. Most brokerage firms are recommending that the stock will do very well. Might want to wait until the acquisition is actually made. The stock could pull back if it doesn't happen. Thinks it's a great long term hold. Another big danger for them is the fluctuation of oil price. That could affect them in the short term.

(A Top Pick Dec 04/18, Up 18%) The gift that keeps giving to shareholders. A great business model and will surprise 7-11 among convenience stores. Management integrates acquisitions well which should continue. He remains confident with it.

You should be concerned about electric vehicles if ATD.B-T will be a long term hold. Electric cars can be charged at home whereas there is no choice as to where to take an internal combustion engine. They are watching Norway which is the leader in electric vehicle adoption.

A great Canadian story. They do tuck in acquisitions and have handled debt very well. Second only to 711 in the convenience store space. Going forward, we will still need fueling stations (gasoline, electric, etc.) and they are well positioned. Yield 0.62% (Analysts’ price target is $45.59)

What happens to this in a recession? He likes it. It wouldn't do too badly in a recession. Good to enter it now for the long term.

Bought it in 2015. A great company that consistently grows its dividend 25% annually. Long-term, great. You can get in now.

$48.53 is his model price. Better to buy now than in May/June. Likes it.