BCE Inc Shopify Inc and More at 52-week Highs and Lows (Mar 13-19)

It's had an incredible run off lows. They've done a fine job of growing. Beware that short-sellers have been challening BAD. He is impressed with BAD. (James Telfser)

They can maintain the dividend as well as do acquisitions. They have a 17% ROE. Near term earnings are expected to go up 10% by May. It broke out of a near term accumulation zone. He sees a 16% potential upside. (Analysts’ price target is $30.10) (Robert McWhirter)

As a value investor, he thinks the rails are expensive, and he doesn't think the economy will grow that fast to justify a big increase in rail stocks. Rails are good, steady players, though, and are managing costs well. Now, they're too expensive. He'd step in at 10-15% below current share prices. (Michael Sprung)

They extract methane from gasses from rotting garbage or municipal garbage. Their equipment pulls nitrogen from kitchen waste. They have almost completed an installation with a US client. It is projected to give them a 30% revenue increase. It is his second largest holding. It is thinly traded. (Robert McWhirter)

(A Top Pick Feb 07/18, Up 11%) Best in class. Their fibre to the home network is mostly done and will gain them more market share. Pays a 7% cash flow yield. BCE can bundle with their new fibre, while their Fibe is doing well. Their net additions last quarter beat expectations. He took some…

He does not like this name. He is worried about its balance sheet and value. It makes sense to own Tel Co’s in a portfolio, but there are better names to own. It is trading at a 37 X P/E. He does not expect much growth in this name. (Rob Tetrault)

He regrets not buying this years ago. Very well-managed and has done well in wireless. Today's prices anticipate growth, but the wireless market in Canada is saturated. Margins will remain high, because wireless in Canada is an oligopoly with little competition. Be cautious here. BCE is the dominant player in this space. He wouldn't buy…

One of the leaders in the space. They are buying a lot of the former Sun-Edison assets and transforming into a large solar element. As part of the Brookfield brand they are run very conservatively. Great place to be long-term if interest don't go up. You kind of have to make an interest rate call.…

This hurt a lot of people. Now they are cheap, trading at 15.1% free-cash yield. He sees more upside 25-50% though nowhere near to $30. (Greg Newman)

A lot of success is tied to Gaz Metro in Québec, but they also have some wind farms that have recently come online in the last year or 2, and giving good returns to the company. Recent earnings were solid and they raised the dividend by 3.7%, and plan to raise it 4% next year.…

Dividend is ok. He does not follow this name. (Jaime Carrasco)

Today, the chairman did a secondary offering of $750 million at $23.35/share. The stock dropped 9.5% today. Should I be worried or will this be accretive? Because the chairman is doing the offering, the company is not getting the proceeds, so this is the worst kind of seconday offering, because it's going to him--the Chairman.…

Is the dividend safe? Stable company. Their price to book is 2.41. (Above 3 is a red flag.) So, they can pay their dividend, yet acquire new projects.Their PE is 17. He hasn't seen any issues with PEGI. As long they keep earning those cash flows and pay that dividend, this is fine. (Tim Nash)

Trades at a reasonable 15x AFFO under solid managers. It's also defensive. Problem is it doesn't excite him enough as a REIT. You'll collect the 6-7% yield plus a small bump in price. In the last three months, REITs have been on a tear because interest rates have fallen and should rise another 2-5%. (Paul…

(A Top Pick Dec 15/17, Up 4%) They are buying back their shares -- $265 million. The company still trades below book value and now the stock is starting to move higher. Growth projections are still on track. (Peter Hodson)

They have raised dividends, which signals confidence by management – who also owns the majority of shares. It has a service advantage and get loan turnarounds quickly. Brokers have technological advantages and there is reoccurring capital. Once a mortgage is closed it becomes highly visible and it shows the cash flow path. (Steven Ko)

(A Top Pick Sep 06/18, Down 13%) He thinks it has gotten better with a recent announcement on a project in Australia. They run medical office buildings in Canada, Germany, Brazil and other locations. He likes the global exposure and sees lots of growth going forward. (Tim Regan)

Never owned it, not because he dislikes it, but they're so large, it's hard to change what they own. For example, they bought then sold the U.S, and now they're buying Canada. He prefers SRU.U-T in the same space, but Walmart anchors them. In contrast, RioCan had to deal with the Sears and Target closings.…

Always liked it. It's the best in class, dealing in the industrial space in Canadian cities. They have executed very well. They beat their last quarter and outperform the market. But it trades at a pricey 26x AFFO which gives him pause. It rents small office space that's attracting tech companies. This is in the…

He is not bullish on Canada and would not play dividends through this one. (Larry Berman CFA, CMT, CTA)

Wish he had owned this much earlier. Beautiful chart and dividend over 5%. They flattened then shares started lifting when interest rates looked less hawkish. It's been doing quite well. He just bought it after the new year. (Analysts’ price target is $10.14) (Mike S. Newton, CIM FCSI)

REI.UN vs. SRT.UN Never owned REI.UN, not because he dislikes it, but they're so large, it's hard to change what they own. For example, they bought then sold the U.S, and now they're buying Canada. He prefers SRU.U-T in the same space, but Walmart anchors them. In contrast, RioCan had to deal with the Sears…

Chart hasn’t moved. Stock is mistreated because not institutionally owned. Management is good, and are upgrading their portfolio. Debt’s in a good position. He doesn’t expect anything more than the yield. Consistent business. Retail/office in Quebec and Ontario, but he can look through this because it’s so cheap. (Paul Gardner, CFA)

Dream Industrial REIT vs. BPY Dream is a good asset in a good space with a decent valuation. He likes it, but he prefers BYP for its global focus and better long-term growth. BPY trades at a good valuation. He prefers BPY, but you can buy both. (Greg Newman)

General opinion of the sector The insurance group had run up earlier in the year as longer term interest rates were expected to rise. However, as short term rates have risen faster this has taken the wind out of the sails. There is still more upside in rates and with yields of 5%, it is…

Inovalis (INO.UN-T) or Dream Global (DRG.UN-T)? There is probably too much duplication to own both. These assets are a little more spread out, and concentrated in France. Instead of buying Canadian names that have exposure to Europe, he is actually going directly into Europe and buying some names. (Andy Nasr)

The parent is discounted on a NAV basis relative to the underlying assets. He does not like the sub-underlying companies, especially on the investment service side. He would prefer to hold their preferred shares. The yield is well covered. Yield 5.5% (Ryan Bushell)

Loves it. Has long owned it. The typical Canadian has been in 3 of 4 of the stores they own in the last month. Very well-diversified. The death of retail (malls) has passed them well, and Smart has performed well. (Mike S. Newton, CIM FCSI)

He tried trading this, but missed it. This is rangebound between $9.75-11.70. Right now it's at the top. Doesn't know if it will break higher. It will break on really exciting news, and volume will give you a clue. (Keith Richards)

(Market Call Minute) It is a merger of Northern and Urban communities.  Fully valued here. (Michael Simpson, CFA)

More of a pipeline company. One thing he likes is that they are exiting the commodity business. It is expensive. They are becoming more infrastructure focused. Dividend looks nice and safe-ish. Growth starts to look better after 2019. Not his favorite at this level but good to own it at a lower level. (Greg Newman)

(A Top Pick April 16/15. Down 70.71%.) Sold his holdings. It was a difficult story. As a supplier to the oil/gas industry, they really got squeezed. (Paul Harris, CFA)

Sales were up 5%; earnings were up 26%. He expects a 14% ROE this year. If it gets above $61 it would be a potential break-out. (Analysts’ price target is $62.98) (Robert McWhirter)

He sold it a year ago because it got fully valued. They've made some good acquisitions. Now, it's fully valued. Hold. (Bruce Campbell (1))

A conglomerate and he isn’t a big fan of this model. A well-known catalyst investor has just purchased about 19%. May sell of some weaker units. (Michael Simpson, CFA)

He likes it. He holds it. It has good price momentum. It is still reasonably priced. They are a solid operator and know how to drive prices lower. 18% return on equity and 20% price to earnings. Recent quarter was neither a beat nor a miss. The payout is low. (Jason Mann)

It's had an amazing breakout this year. Up 13% today alone. Tech analysis doesn't matter much with this chart. If you bought this earlier for a trade, good. He doesn't know where this stock will go. It looks really good. (Elliott Fishman)

They sold a big part of their financial side last year, so they have a lot of cash. They increased their dividend. Otherwise, how will they deploy this capital? It can't only be share buybacks. They dominate in legal, accounting and finance, though the latter had depressed margins for a long time as they competed…

Gold producer in Mexico. They have a good production level at low cost. There is good exploration upside. (Analysts’ price target is $17.98) (Jon Case)

Seems to be improving. The operating performance has improved. He is warming to it but there many other opportunities out there. (Rick Rule)

He would advise viewers to go to this company’s website and looking at the management discussion, which you might find interesting. (Peter Brieger)

There are no generalist investors left, only a few specialist investors. The sector has been left for dead. When the tide turns the capital will go into WPM-T first. He has a holding to be positioned for the next bull market. They have 5% free cash flow yield. The large caps have slimmer margins. (Jon…

There is no dividend. Sales are up but earnings are less negative rather than positive. Earnings growth forecast for this year is zero. (Robert McWhirter)

The outlook is still quite good. People who use their competing chronic cough treatment lose their sense of taste. They are applying now for their drug's use for other conditions. (Robert McWhirter)

Chartwell vs Sienna She owns Chartwell and thinks both are in a growing sector -- senior housing. Sienna has a lower level of regulation, compared to Chartwell, due to the former's higher level of long term care facilities. Chartwell holds the largest market share in Canada -- giving them economies of scale. Chartwell's yield is…

Definitely not a buy and hold, but a trader stock. It has a good chance of returning to its past high of $9-10. Because of recent extreme highs and lows, shareholders who bought this high will sell-off when HEXO returns to its past high in order to break even. Sell it at $9. (Keith Richards)

480 times PE. Sales growth grew 45% in a recent report. He thinks there are good opportunities for overall growth. (Robert McWhirter)

He is not enamored by the service fluid space.  He feels there is not a strong negotiation position with customers, so he does not think they are benefiting from higher commodity prices.   (Eric Nuttall)

They have two plays. It is pressured because of debt load. Production came down in the third quarter and should now increase. They should knock debt down with the sale of two non-core assets next year. It needs a catalyst before the market will revisit this story. (Josef Schachter)

BBI-X is the old ticker. The merger involves a 10 for 1 split. PIPE-X shows a couple of weeks of trading and that is what to go by. They are coming on with new production facilities soon. By the end of the year, they will go to 10 times that. He thinks it is cheap…

Software company, which acquires other software companies. Similar to Constellation, which is a better opportunity than this one. Smart acquirers. They say they have lots of M&A opportunities, so as long as you're comfortable with that strategy (and he is with Constellation), you should do very well. Big runway of growth, but there's lots of…

They are not getting ahead.  It should be okay, but you have to manage the balance sheet and the capital structure and so far they are not doing a good job of that. (Fabrice Taylor)

(A Top Pick July 29/10. Down 48.12%.) Has added to his holdings. (Charles Oliver, HBSc CFA)

Sees no change to the dividend theory. The 3 Irish business millionaires actually control the company and are holding it long-term for the dividends. The company has some costs going on disadvantaging it. The diamond sector itself has not produced really stellar performance. This is a “wait and see”. (Michael Smedley)

(A Top Pick January 8/18 - Down 1%.)  Part of the industrials that experienced massive multiple contraction. Earnings are growing. Lots of cash on the balance sheet. Still like it a lot.  (James Telfser)

He doesn’t follow this company, but generic comments on graphite is that if you are keen on Elon Musk and Tesla, you should be keen on graphite. There is literally more graphite in lithium ion batteries than there is lithium. However, graphite is not all the same. You want really, really course graphite for batteries.…

(A Top Pick Oct 16/18, Down 21%) Brent Cook: A big land package in Mexico with virgin veins, but they're drilling way too slowly and their market cap are hard to justify. Maybe they'll be fine in five years, so he'll keep an eye on it. (Joe Mazumdar)

They have had a fantastic track record on the exploration front. They bought a shut in zinc mine and then the price of zinc dropped. He would stay away from it until they delineate new zones they can extract ore from. (Jon Case)

Not tempted by this company at all. They are reasonable people, but from his point of view, you want to be in the best 5% or 10% of the best juniors in the market. He doesn’t see this company operating in that space. Sees capital restraint and doesn’t see them being able to move their…

He shorted the name a couple of years ago, but has almost no position now.  It is highly speculative.  There is a lot of resource and it will take a lot of money to take it into production. (James Hodgins)

The price of tin is less important to this company then it is to other tin producers, because their grade is so high. The grade is about 10X the average mine grade for tin worldwide. Thinks they will be able to announce production finance fairly shortly. The construction schedule will take some time. The Congo…

They had a lousy quarter. The stock is too cheap now. A small market cap company--caveat. There's a lot of exploration upside. Their earlier quarters beat expectations. They're in the penalty box, but they will recover. (Rick Rule)

It’s a tough deposit. Erratic mineralization with the Uranium. He doesn’t think a lot of the deposit. Prefers others. (Brent Cook)

It's down about 35% over 52 weeks. They were in the print business and transitioned away from print. They divested and reinvested in assets to be more established in the packaging space. Previous acquisitions have worked well. You have to have patience with it. The dividend is safe for the time being. They took on…

It broke massive support around $21 and has fallen. Since 2016, it has a definite pattern of huge swings up and down, but it didn't rise up in the last three months, which is not good. He's bearish. (Keith Richards)

He doesn't follow this closely, because it's a pre-revenue company that isn't generating positive cash flow yet, so it's too early for him to consider. It's in the drone delivery space, an interesting space. The big problem is that he doesn't know the future of drone delivery or if this company can execute. He would…

He would like to see a couple of good quarters out from them.  It is thinly traded.  You have to be prepared to watch it quarter by quarter. (Bruce Campbell (2))

In general terms still on a downtrend. Bearish big picture. Could get back into the 20 dollars. (Keith Richards)

He has become quite bored with this -- they have had ups and downs and not hit earnings targets. Management has a big interest in the rubber product business. He thinks they should go private. He is getting frustrated. (Peter Hodson)

  (Ian Ainsworth)

You have to look at this company like a private equity fund in the healthcare sector. Management are very patient and will only make a big acquisition on the right terms. It is harder to track the results of their smaller investments. Buy it for the long term. Put it away. (Stephen Takacsy, B. Eng,…

(Market Call Minute.) Volatile stock and you can hold it if it hangs in there but be careful. (Paul Thornton)

A very small REIT that has a very interesting business model. They were working with companies that go into industries, especially Alberta focused, to see if they needed financing. They would buy the buildings in exchange for a long-term lease. Considering what has happened to the Alberta economy, this is really not the place to…