TSE:GMP

1.62
0.00 (0.00%) 1d
0

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Top 8 Canadian Stock Picks under $10 – Growth Stocks, NO Oil, NO Gas, NO Mining
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Investors responded positively to news that avoids a proxy fight for Richardson, which they will fully take over. They are expected to buy back $40M which will result in greater per share earnings leverage. Unlock Premium - Try 5i Free

investment companies / funds
PAST TOP PICK
(A Top Pick Feb 19/19, Down 18%) They are morphing, selling off their energy equity business and moving into wealth management only. He still likes it and owns it. At some point it may become a take out target.
investment companies / funds
PAST TOP PICK
(A Top Pick Dec 24/18, Up 23%) They had sold off their resource and energy components. They are holding only the wealth management business. He still has them on his list, but he is not sure how things will go forward. The Richardson family may not have the best interests of investors in mind. Less clarity on this one going forward.
investment companies / funds
HOLD

He owns the common stock and the preferred share. They have sold off their resource business side of their brokerage business. They are in wealth management only now. TD took a run at them a few years ago and it could be a possibility in the future. He will continue to hold it.

investment companies / funds
PAST TOP PICK
(A Top Pick Aug 02/18, Down 1%) Will become a complete wealth management company. Pays a good dividend. A company in transition so there is still some things to see. Might move into insurance.
investment companies / funds
SELL
In the process of being acquired. This space has been a difficult environment for years, especially because of a tough resource environment. If the shares are trading close to what the offer is, just sell and find something else to do with your cash.
investment companies / funds
HOLD
Most of their capital market business is being acquired. He thinks there could be more to the deal. He also owns the preferred shares. He will continue to watch this and thinks a bidding war could emerge. He is happy to continue to hold it.
investment companies / funds
PAST TOP PICK
(A Top Pick Apr 18/18, Down 28%) Still would buy it. Likes their special dividend at end-2018 and they have started a regular 2.5-cent dividend. Revenues were down last quarter $38.5 million, but things will improve going forward. They report soon. He likes this a lot. Their oil/gas is doing better, but not cryptos. They're getting big into cannabis. Someone could take them over, because the cannabis space is palatable, thereofre GMP is. However, some of their top people are being poached by other companies.
investment companies / funds
DON'T BUY
This is in the "why bother" pile. There are a lot of issues with this name. There is always something going on in the background. There are better opportunities.
investment companies / funds
HOLD
The preferred B of GMP It's been on a rollercoaster based on rumour of the company being bought and split up. He sees no issue holding the preferreds, but he'd avoid GMP altogether. Doesn't know if there will be a deal. You can hold the preferred, though.
investment companies / funds
PAST TOP PICK
(A Top Pick Jan 16/18, Down 27%) Also a Top Pick today. Last year, GMP paid a special dividend and have since reinstituted it, which is a good sign for the future.
investment companies / funds
TOP PICK
Biggest independent wealth manager in Canada. GMP is paying a dividend now. They've gone into oil, gas, cannabis and cryptos to diversity and expand. Revenues in the last quarter rose 72%. Great bottom line. (Analysts’ price target is $15.44)
investment companies / funds
TOP PICK
Richardson Securities, one of their businesses, is the largest independent money manager in Canada. Two years ago they were raising money for commodity companies and now they are doing it for oil and gas companies. Last quarter was so great they did a special dividend and re-instituted a regular one. The balance sheet is pretty good. They just sold their US operations. Once a dividend is re-instituted, it has a lot of weight with Benj. Maybe TD-T will buy them as they have considered it before.
investment companies / funds
WEAK BUY

They had a special dividend of 10 cents a share not so long ago. Crypto currency will not be so popular in the future. Their investment in the cannabis space could do well. He likes this one and where they can go. It has a chance to get to double digits but not tomorrow, and also they could get competition.

investment companies / funds
TOP PICK

A lot of these companies have been taken over. TD-T has looked at this one. They are raising money for marijuana and crypto currency stocks. They paid a special dividend last year. It has a lot of upside potential.

investment companies / funds
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GMP Capital Trust Inc(GMP-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for GMP Capital Trust Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

GMP Capital Trust Inc(GMP-T) Frequently Asked Questions

What is GMP Capital Trust Inc stock symbol?

GMP Capital Trust Inc is a Canadian stock, trading under the symbol GMP-T on the Toronto Stock Exchange (GMP-CT). It is usually referred to as TSX:GMP or GMP-T

Is GMP Capital Trust Inc a buy or a sell?

In the last year, there was no coverage of GMP Capital Trust Inc published on Stockchase.

Is GMP Capital Trust Inc a good investment or a top pick?

GMP Capital Trust Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for GMP Capital Trust Inc.

Why is GMP Capital Trust Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is GMP Capital Trust Inc worth watching?

0 stock analysts on Stockchase covered GMP Capital Trust Inc In the last year. It is a trending stock that is worth watching.

What is GMP Capital Trust Inc stock price?

On 2020-11-23, GMP Capital Trust Inc (GMP-T) stock closed at a price of $1.62.