Aritzia Inc.

ATZ-T

Has 26 stores in the U.S. but he believes they can have over 300. It's been a pricey stock, but earnings should propel it up. It will be another Lululemon or Canada Goose. If you buy this in the expansion phase, you can really well. (Analysts’ price target is $22.29)

A classic growth stock. If it traded in the US it would trade way higher. The brand has cachet and desire. Massively understored in the US. The company that funded it in the early stages sold it aggressively and that was a problem for the stock performance. Sales growth at 15% per annum, earnings at 20% per annum. He wouldn’t be surprised to see it at $26. (Analysts’ price target is $21.43)

This is a growth company, growing at about 20% per year. They sell “inexpensive luxury” clothes to the 15-to-45 year old demographic. (Analysts’ price target is $19.44)

He is waiting to buy it when the stock price stabilizes and when the analysts’ expectations come down a bit. They only have 80 stores and they have three different brands. They envision becoming a world-wide brand. $11.60 could be the new bottom, but there is a downward momentum that must break.

He likes this. Every time he goes to the mall, these stores are full, while competitors’ stores are empty. It was probably priced aggressively when it was sold to the market, because it was an exciting growth story. Then we got into Amazon, and everybody hates retail, which is what has really hammered this company. He would buy a little now and a little next month. One of the insiders just made a big purchase.