Alimentation Couche-Tard (B) | StockChase
345
Alimentation Couche-Tard (B) (ATD.B-T)

Last Price Recorded: $67.1500 on 2017-12-15

ON STOCKCHASE SINCE Aug 2001

food stores
345
Alimentation Couche-Tard (B) (ATD.B-T)

Last Price Recorded: $67.1500 on 2017-12-15

ON STOCKCHASE SINCE Aug 2001

food stores

Alimentation Couche-Tard (B)


Signal Opinion Expert
PAST TOP PICK

(A Top Pick Jan 11/17, Up 10%)  They closed on their largest acquisition in history, and announced another one in the US.  Earlier this week they announced really strong earnings.  Earnings are growing 16-17% and there is lots of runway ahead of them.

food stores

(A Top Pick Jan 11/17, Up 10%)  They closed on their largest acquisition in history, and announced another one in the US.  Earlier this week they announced really strong earnings.  Earnings are growing 16-17% and there is lots of runway ahead of them.

food stores
Brian Madden

Senior VP & Portfolio Manager, Goodreid Investment ...

PricePrice
$65.790
Owned Owned
Yes

TOP PICK

It has been going sideways.  There is a worry about electric cars damaging the business but they will have charging stations at their sites for sure.  It will take a long time before it is materially impacted. He feels there are catalysts to come.  (Analysts’ target: $72.00).

food stores

It has been going sideways.  There is a worry about electric cars damaging the business but they will have charging stations at their sites for sure.  It will take a long time before it is materially impacted. He feels there are catalysts to come.  (Analysts’ target: $72.00).

food stores
Bruce Campbell (1)

President, Campbell and Lee Inv...

PricePrice
$62.320
Owned Owned
Yes

PAST TOP PICK

(A Top Pick Dec 7/16, Up 4%)  It has been underwhelming over the last 10 months.  It is an illustration of why you want to be patient and diversified.  It is a building block and serves a purpose.  What has held it back is a miss-guided belief that electric cars will kill the internal combustion engine, which he does not accept.  The decline is based on a decline in fuel traffic which in turn means a decline in convenience store sales.  He continues to like this one.

food stores

(A Top Pick Dec 7/16, Up 4%)  It has been underwhelming over the last 10 months.  It is an illustration of why you want to be patient and diversified.  It is a building block and serves a purpose.  What has held it back is a miss-guided belief that electric cars will kill the internal combustion engine, which he does not accept.  The decline is based on a decline in fuel traffic which in turn means a decline in convenience store sales.  He continues to like this one.

food stores
Brian Madden

Senior VP & Portfolio Manager, Goodreid Investment ...

PricePrice
$59.110
Owned Owned
Yes

WATCH

The level of consolidation is worrisome.  Support is about $60 and it is pushing that now.  If it stays he would hold it based on the consolidation breaking out.  He would only be worried if the recent move down does not come back up into the trading range.  If not, it would indicate a new trading range.  It is a wait and see.  Metro is selling their ATD.B-T holding and this could be putting pressure on it. 

food stores

The level of consolidation is worrisome.  Support is about $60 and it is pushing that now.  If it stays he would hold it based on the consolidation breaking out.  He would only be worried if the recent move down does not come back up into the trading range.  If not, it would indicate a new trading range.  It is a wait and see.  Metro is selling their ATD.B-T holding and this could be putting pressure on it. 

food stores
Keith Richards

Portfolio Manager, ValueTrend Wealth Ma...

PricePrice
$59.850
Owned Owned
Unknown

TOP PICK

One of Canada’s best operators in retail. Convenience stores and gas stations. They are in all Canadian provinces and in 42 states. They are also in Scandinavia, Ireland, Baltic and Russia. Recently bought the Circle K company, and are converting a lot of their stores over to Circle K. Dividend yield of 0.6%. (Analysts’ price target is $72.)

food stores

One of Canada’s best operators in retail. Convenience stores and gas stations. They are in all Canadian provinces and in 42 states. They are also in Scandinavia, Ireland, Baltic and Russia. Recently bought the Circle K company, and are converting a lot of their stores over to Circle K. Dividend yield of 0.6%. (Analysts’ price target is $72.)

food stores
Matt Kacur

President, FSA Financial Scienc...

PricePrice
$60.380
Owned Owned
No

PARTIAL SELL

This has done very well. Growth through acquisitions. They’ve benefited from a lot of big oil companies getting out of retail. Have also bought assets overseas. They tend to integrate assets quite well. Because they are gas stations, there is a question about traffic weakening or electric cars, and what is going to happen to gas stations. Expects the company will make some moves to address that. The stock has never been priced inexpensively, and the multiple is quite full. If you’ve done well on this, it probably would be prudent to take some money off the table.

food stores

This has done very well. Growth through acquisitions. They’ve benefited from a lot of big oil companies getting out of retail. Have also bought assets overseas. They tend to integrate assets quite well. Because they are gas stations, there is a question about traffic weakening or electric cars, and what is going to happen to gas stations. Expects the company will make some moves to address that. The stock has never been priced inexpensively, and the multiple is quite full. If you’ve done well on this, it probably would be prudent to take some money off the table.

food stores
Christine Poole

CEO & Managing Director, GlobeInvest Capital ...

PricePrice
$58.940
Owned Owned
Unknown

TOP PICK

Metro is doing what he expected by selling some of their stake in this company, to fund their Jean Coutu (PJC.A-T) purchase. Valuation is attractive, and they are going to put a whole bunch of Tesla stations in their locations. Dividend yield of 0.6%. (Analysts’ price target is C$72.)

food stores

Metro is doing what he expected by selling some of their stake in this company, to fund their Jean Coutu (PJC.A-T) purchase. Valuation is attractive, and they are going to put a whole bunch of Tesla stations in their locations. Dividend yield of 0.6%. (Analysts’ price target is C$72.)

food stores
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$58.940
Owned Owned
Yes

COMMENT

This is finished. It has a market cap of $32 billion. The problem is, it is so big that it is almost impossible to find anything that will really impact the earnings any more. It has had a long, successful run. There will be a lot of pressure on management to keep going. The catalyst has always been those big acquisitions. Now they have to be so big that they are almost impossible to find.

food stores

This is finished. It has a market cap of $32 billion. The problem is, it is so big that it is almost impossible to find anything that will really impact the earnings any more. It has had a long, successful run. There will be a lot of pressure on management to keep going. The catalyst has always been those big acquisitions. Now they have to be so big that they are almost impossible to find.

food stores
Ross Healy

Chairman, Strategic Analysis C...

PricePrice
$58.670
Owned Owned
Unknown

BUY on WEAKNESS

MRU-T will sell some of their 10% holding in ATD.B-T in an orderly way.  The stock price leveled out over the last couple of years.  He would like it if it pulled back a little.  The forward looking PE is 17, a little high.  He would not buy it today while this M&A is going on.

food stores

MRU-T will sell some of their 10% holding in ATD.B-T in an orderly way.  The stock price leveled out over the last couple of years.  He would like it if it pulled back a little.  The forward looking PE is 17, a little high.  He would not buy it today while this M&A is going on.

food stores
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$57.830
Owned Owned
Unknown

COMMENT

Metro (MRU-T) is in talks with Jean Coutu (PJC.A-T) deal? They will have to sell their holdings in this company to finance the deal. Should I sell? This is correct. You have probably done very well in Couche-Tard, and it is never wrong to take a profit.

food stores

Metro (MRU-T) is in talks with Jean Coutu (PJC.A-T) deal? They will have to sell their holdings in this company to finance the deal. Should I sell? This is correct. You have probably done very well in Couche-Tard, and it is never wrong to take a profit.

food stores
Gavin Graham

Trustee, Pointbreak ETFs...

PricePrice
$56.900
Owned Owned
Unknown

PAST TOP PICK

(A Top Pick Aug 19/16. Down 3%.) Has basically gone nowhere over the last 2 years. However, their earnings continue to grow. A tremendously consistent return on equity generator at around the low 20%. If you can buy this below $60, you should. All it takes is for them to come out with an announcement of taking over another chain of convenience stores.

food stores

(A Top Pick Aug 19/16. Down 3%.) Has basically gone nowhere over the last 2 years. However, their earnings continue to grow. A tremendously consistent return on equity generator at around the low 20%. If you can buy this below $60, you should. All it takes is for them to come out with an announcement of taking over another chain of convenience stores.

food stores
Jason Del Vicario

Portfolio Manager, HollisWealth...

PricePrice
$60.040
Owned Owned
Yes

TOP PICK

He likes the rising volume of products being pushed through their stores. As it starts to get to a critical mass, there could be integration opportunities and continue to shave costs off. There could also be tuck in acquisitions. Dividends went up more than 3 times in the last 3 years. The convenience business is a place where we all go visit when we buy our gasoline. This has exposure to the US and to Europe. A well-run business, and should continue to do well. (Analysts’ price target is $72.50.)

food stores

He likes the rising volume of products being pushed through their stores. As it starts to get to a critical mass, there could be integration opportunities and continue to shave costs off. There could also be tuck in acquisitions. Dividends went up more than 3 times in the last 3 years. The convenience business is a place where we all go visit when we buy our gasoline. This has exposure to the US and to Europe. A well-run business, and should continue to do well. (Analysts’ price target is $72.50.)

food stores
Darren Sissons

Vice President and Partner, Campbell Lee & Ross...

PricePrice
$60.310
Owned Owned
Yes

PAST TOP PICK

(A Top Pick Oct 31/16. Down 10.7%.) Still believes in this. A rapid growth by acquisition. They run a big chain of convenience stores and gas stations in Canada, the US and northern Europe. Just closed on their largest acquisition, CFT Brands, a couple of months ago. Then they launched another take over of the Holiday chain convenience stores. Stock is cheap and undervalued, and he is still buying.

food stores

(A Top Pick Oct 31/16. Down 10.7%.) Still believes in this. A rapid growth by acquisition. They run a big chain of convenience stores and gas stations in Canada, the US and northern Europe. Just closed on their largest acquisition, CFT Brands, a couple of months ago. Then they launched another take over of the Holiday chain convenience stores. Stock is cheap and undervalued, and he is still buying.

food stores
Brian Madden

Senior VP & Portfolio Manager, Goodreid Investment ...

PricePrice
$60.050
Owned Owned
Yes

COMMENT

Writing Put options. If the stock went in the money and were Put to you, would you take the stock or Buy it back to close a contract? He would take the stock. It is a good company and he likes what they are doing.

food stores

Writing Put options. If the stock went in the money and were Put to you, would you take the stock or Buy it back to close a contract? He would take the stock. It is a good company and he likes what they are doing.

food stores
Richard Croft

President, R.N. Croft Financial...

PricePrice
$59.670
Owned Owned
Yes

BUY

He owns PKI-T instead.  ATD.B-T is international and is way bigger.  They make more of their money from convenience store sales.  When the economy softens they don’t do as well.  They did a number of large acquisitions last year and the market wants time to digest them.

food stores

He owns PKI-T instead.  ATD.B-T is international and is way bigger.  They make more of their money from convenience store sales.  When the economy softens they don’t do as well.  They did a number of large acquisitions last year and the market wants time to digest them.

food stores
Norman Levine

Managing Director, Portfolio Management...

PricePrice
$60.740
Owned Owned
No

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