goeasy (GSY-T)

Very good business - one of top holdings. One of the best financial companies in Canada. Consistent return on capital. Trades at single digit multiple. Safe dividend that is healthy. Recent CEO change a surprise - but not a concern (will continue to own shares). Has been adding new business lines to the company which will generate more profits. 

Chart's pulled back, but still participating in the rally. Great choice in the financial services sector, doing well compared even to some Canadian banks. 18% upside to street's price target. Nice upward trend, sees it continuing. Until it breaks down, she likes it.

Quality company, but worried about credit cycle. Unemployment numbers ticking up. Sub prime borrowers could be affected by upcoming credit crunch. Would recommend holding off from investing in this company for now. 

This is a new development so pay attention; could be good, could be bad. Reached resistance around $200. He'd wait and see whether it breaks out. Hold for now, but if it continues to break down, he'd be out.

If it's growing at 20-40% in an industry that's not growing at the same rate, why are they growing so much? Exceptionally well managed. Given the economy, won't lack for customers in the near term. See his Top Picks for a similar name in the space.

Founder-run, founder-owned. Some debt, as it's part of the business model. Tremendous job of increasing shareholder wealth, should continue. Only hiccup is that this type of business is not particularly savoury or win-win from a society perspective.

See his Past Top Picks for his choice in the space.

Wonderfully run. Management's been amazing at execution and growing the business. Margins are very good. ROE and cashflow can self-finance and grow. Concern has to do with where we are in credit cycle, sub-prime borrowers are more vulnerable.

Mid-cap Canadian lending company. Owns shares in business, and expecting further share price appreciation. Lending strategy generally requires higher interest rates. Suspects higher quality customers due to large banks turning down customers. Higher interest rates not impacting business model (interest rates always higher). Would recommend holding. 

Stock performing very well. Compared to peers in sector - not as highly valued. Excellent management team that is executing well. Single digit P/E multiple with further growth ahead - great for investors. 

It has a very high ROC and is one of the only companies in Canada that has grown revenue 30% over 10 years and earnings by 20% over 10 Years. It raised its 3 year guidance and dividend. It is moving into the credit card space which should start to take effect in 2025/2026. There is lots of growth and it is one of the best financial stocks in Canada along with Propel.        Buy 8  Hold 2  Sell 0

Suffers headline risk, because it's a subprime lender, but are very well-managed. He holds a large position. They keep raising the dividend and are managing credit losses. The stock can double in 3-4 years as you collect the dividend. It will sell off on bead headlines though.

Might be technically a bit of a head and shoulders patterns, but still more to go. Solid last quarter, EPS beat by 10%. For stock to work, need no recession, and there's 70-80% chance of no recession at this point. 8x, 16% growth rate.

A non-traditional (aka: high-interest, high default rate) lender. He owns it, because both earnings and price momentum have been in his favour. Has had a considerable bounce. 

For a stock like this, don't buy your position all at once. Buy 1/3 of your position. Then, in 2 weeks or a month, buy another 1/3. If it goes down and you still like it, makes buying that second 1/3 very easy. Very hard to pick the bottom, or the top.

It is the biggest position in his fund and his personal holdings. It is positioned extremely well along with a consistent ROE of over 20% over the past 10 years. It grows its earnings well and is the top performing financial stock in the past 10 years. It has met or exceeded its targets every time and is innovative with new markets and products. It could be introducing a credit card product this year. Its lending business is non-prime and it has 400 locations as well as a point-of-sale business.