goeasy, Dollarama Inc. and More at 52-week Highs & Lows (Jul 21-27)
Here’s this week’s 52-week high and low stocks on Stockchase:
52-Week High TSX Stocks
Here’s this week’s 52-week high stocks on Stockchase…
He really likes this one. It is heavily weighted toward retail. 95% of its retail centers are anchored by a grocery store or Shoppers Drug Mart. They are almost going at a premium from pre-pandemic values. This tells you how resilient the cash flow is. They have an office portfolio but he likes that their…
ECN Capital (ECN-T) TSE
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock is still very cheap on all metrics. Considering growth perspectives, current book value and earnings power, it is attractively priced. It also has a strong record of dividend increases. Unlock Premium - Try 5i Free
Firstservice Corp (FSV-T) TSE
(A Top Pick Jul 21/20, Up 0%)(Total return not available.) Great Canadian company. Asset lite, minimal fixed costs, low capex. Grow organically and by acquisition, which they do very well. Executes incredibly well. He'd buy it here or on any pullback.
Inovalis REIT (INO.UN-T) TSE
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Management has a decent record although recent quarters saw some misses with 5 out of the last 8 missed expectations. Shares have done well since 2016 asides covid's impact. Insiders own over 20%. Unlock Premium - Try 5i Free
Onex Corp (ONEX-T) TSE
Consolidating over the last year. Rally off the bottom has not been terribly convincing. If cost of capital is rising, makes it tougher on these businesses. You'll do fine, but he'd rather own companies that are more leveraged to public, not private, markets. Try TROW, BAM, or CIX.
Summit Real Estate Investment (SMU.UN-T) TSE
Likes it and its sector. Trade at a healthy premium. In the right markets. Growth has traditionally been there. Fairly valued today. Look for pullbacks to buy.
Tricon Capital Group (TCN-T) TSE
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Largely exposed to US housing. Partnerships and growth are good and valuation is decent. The stock price has good momentum as well. Unlock Premium - Try 5i Free
Trisura Group (TSU-T) TSE
Specialty insurance. Spun out of one of the Brookfields. US business, called fronting, is very exciting, and it crosses state lines. Growth profile is fantastic. High and growing ROEs, growing access to capital, dynamic CEO. No dividend. (Analysts’ price target is $178.13)
Aecon Group Inc (ARE-T) TSE
The lockdown in the second quarter brought fear into the projects that Aecon is working on. There is also a global picture where infrastructure projects are coming. One of the better plays for the long term with the infrastructure spending.
Brookfield Asset Management (A) (BAM.A-T) TSE
A must-own. Their infrastructure, renewable power and BBU stocks and divisions are all great and you can own any of them. Their private equity division is on fire and is the real kicker in owning BAM. It'll grow and can own it long term. Of course, buying on dips like 5% is good.
goeasy (GSY-T) TSE
Timbercreek Financial Corp (TF-T) TSE
Bond-like, they're very good at mezzanine and commercial lending. They distribute what they get and are conservatively balanced (balance sheet). They know their markets. It's like a mortgage-lending situation. They earn 7% rates of return, no more or less. A very stable investment, acting like a bond proxy. (Analysts’ price target is $9.96)
True North Commercial REIT (TNT.UN-T) TSE
He would avoid this one. Office space is difficult to re-tenant. They have an external management structure for their assets, which does not necessarily leave great alignment.
WPT Industrial REIT (WIR.UN-T) TSE
Though it trades in Toronto, WPT owns warehouses in the States. Basically, e-commerce stores stuff in these warehouses, and e-commerce has been roaring during this pandemic. Year-to-date, WPT inches slightly ahead of the TSX, but in the past month, the Toronto benchmark has climbed 3.3% while WPT has surged 5.5%. Analyst Andrew Moffs argues that…
(A Top Pick Jun 29/20, Up 170%) Pared this position, but it continues to excel. Their purchase of a UPS division resulted in a surprise synergy. TFII still has a ways to go. It's modestly priced. You can hold onto this for growth as economies recover. They are known for excellent tuck-in acquisitions and managing…
Waste Connections (WCN-T) TSE
Allan Tong’s Discover Picks Of course, nobody knew that a once-in-a-century pandemic would trigger that recession, but WCN survived the pandemic to emerge with a 21.1% gain since my original pick. This figure excludes the dividend, which currently pays 0.67%, and it beats the TSX by 5%. Read Looking back after 100 weeks of Hot…
Westshore Terminals Inc. (WTE-T) TSE
Participating in the commodities boom but not doing as well as others. There are competitors in the space. A big shipper in metallurgical coal. The production of steel will be needed and this company will profit. There will be a strong market for it. The stock is more cyclical than the underlying business.
Flyht Aerospace Solutions (FLY-X) TSXV
It is interesting technology. They have telemetry applications for airlines and the thought is that the airlines or manufacturers would mass-adopt this technology. He has not seen the ramp up in revenue and earnings in the time-frame he expected. They are in a constant need for financing.
It is a really well run company. It is a dominant player in the toy industry. The business is very lumpy month to month, year to year. Kids are sending more time on-line and not playing with toys.
Thomson Reuters Corp (TRI-T) TSE
They dominate in legal textbooks globally. Their business model is scalable. It's full valued now. She owns only a little of this.
Dollarama Inc. (DOL-T) TSE
(A Top Pick Jun 11/20, Up 13%) He sold. Still likes the company, but he had better ideas in the near-term. Windfall last year, as it was an essential retailer. This year, comparisons will lag and some aisles are off-limits as non-essential.
Pizza Pizza Royalty (PZA-T) TSE
Allan Tong’s Discover Picks Pizza chains are not the same, and we’re not talking taste. Pizza Pizza suffers from being a Canadian chain where reopenings will take longer to roll-out than in America. Though PZA trades at only 13.65x earnings and pays a 6.29% dividend, it’s also missed two of its last four quarters and…
George Weston Ltd. (WN-T) TSE
He loves Loblaw, owned by WN. Even with the bakery sale, it will still trade at a discount. Nothing wrong with WN, but he'd rather own Loblaw, which makes up about 60% of WN's value.
His top pick in the past. He's owned this for a long time and never sold. It's a great story. It'll probably double in the next five years. A must-buy for Canadian investors. But it's fickle--its valuation can move around. Don't buy it now. Wait for a pullback to $1,500-1,600. He expects this to go…
Avante Logixx Inc (XX-X) TSXV
Wish he had owned this before last week's earnings which were a huge surprise, including big revenue and EBITDA beats. It's in a competitive space, but they're building themselves a niche. The multiple is cheap and the trend is their friend. This can rise higher.
Lightspeed POS (LSPD-T) TSE
It was a fantastic IPO. They have been buying software apps through out Europe and North America. It seems expensive to him although he has seen a lot of these cloud based companies out perform. Hold it if you own it. Look for a pull back if you are looking to get into it.
For a TFSA or RRSP? A decent income stock. She owns some utilities. They're transitioning out of coal. Continue to hold it. She holds growth stocks in an RRSP for the sheltering. A cash account is the best place to hold an income stock so you can take advantage of the dividend tax credit.
Owns it in income growth. Dividend halted with the pandemic. Non-necessary medical procedures were delayed, and now they're coming back rapidly. Dividend will be restored. Stock should at least get north of $10.
PPL vs. ENB vs. TRP TRP, PPL, and ENB are all high quality companies that you can't go wrong owning. He prefers ENB, as its valuation is still at a modest discount, Line 5 is mostly resolved.
🛢 Basic Materials
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. A spin off from Equinox. It has interesting projects in South America. The asset portfolio looks good and management is competent. A very good quality developer that is still largely unknown. Unlock Premium - Try 5i Free
Stelco Holdings Inc. (STLC-T) TSE
Thinks there is a play in steel, although this is no longer early. Would play the steel play through ZMT. Stelco is a good name here although it has already had a good run. 10% range correction is possible. Use the past corrections as a guideline for entry.
Alphamin Resources Corp (AFM-X) TSXV
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…
52-Week Low TSX Stocks
Here’s this week’s 52-week lows stocks on Stockchase…
🛢 Basic Materials
Gold companies remain cheap vs. the price of gold itself. There's a lot of room for upside. He's been taking profits to gold names to add new gold stocks to his portfolio (he specializes in precious metals). This is a hold with an $18 target. ELD has had a nice run.
Fortuna Silver Mines (FVI-T) TSE
Silver. It is a very cheap stock. There have been concerns about their African acquisition, but they feel it was a smart move. The important thing going forward is to get a hold of good quality reserves in the ground, so it was in fact a smart move. They also got a mine on the…
Harte Gold Corp (HRT-T) TSE
(A Top Pick Jan 09/19, Down 69%) He exited. They were likely undercapitalized, so couldn't endure any hiccups, probably overoptimistic and did not issue the best guidance. There is new management. The asset remains good, though. Their project is in northern Ontario, probably run on a shoestring budget at first, then ran out of money.…
NovaGold Resources Inc (NG-T) TSE
He's not a gold bug, but seeks unloved stocks in unloved sectors. Gold has consolidated nicely and made a good technical turn. His #1 gold holding is FNV-T. TGC has the largest undeveloped deposit in the world and in a safe place (Alaska) with a good partner in Barrick. All tailwinds.
Pretium Resources (PVG-T) TSE
(A Top Pick Dec 07/18, Up 36%) A volatile stock, but he likes the golds, holding 10-20% in a portfolio. Gold has a long runway.
Torex Gold Resources (TXG-T) TSE
He feels its fair market value is more than 100% above its current price. This is a reasonable target given what has happened in the sector over the last 10 years. See his comments on gold stocks today.
American Creek Resources (AMK-X) TSXV
Northwest BC is a seasonal play and the season is over--snowing now so there won't be news till June 2020. The entire play got ahead of itself. This will go lower before it goes higher--and it needs results to go higher.
Bear Creek Mining (BCM-X) TSXV
Silver will have massive upside. 80% of silver is a byproduct of copper mining. $6 price target. Likes what's happening in Latin America, positive for mining. No dividend. (Analysts’ price target is $3.80)
MacDonald Mines Exploration (BMK-X) TSXV
Financed about a month ago with some great, great investors. Would wait until they have a discovery of their own. If you own, be cautious of the last few days in December or early January as a lot of investors will take profits. If you are a trader, you can pick it up in January.
Dolly Varden Silver (DV-X) TSXV
Thinks the future of this company is in Heckla’s hands. There is a bit of a contest for the company. Sprott tried to become a shareholder and is a lender to the company. Thinks their time on earth is fairly short and that they will disappear.
Nulegacy Gold (NUG-T) TSE
An explorer. Likes it, but there's risk. Once there's a big discovery in the States, a lot of US money will come into the sector and that could be bullish. Lots of optimism on this. No problem acquiring at this level. Once more results come in, he will have to decide whether to pull money…
Iamgold Corp (IMG-T) TSE
(A Top Pick Dec 04/19, Down 6%) Problems bringing new mine on. Earnings forecasts going up sharply. Upside potential as measured by analysts is quite high. Trading at 40% discount to book value.
Jaguar Mining Inc. (JAG-T) TSE
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock has done well with the recent dividend being a good sign. Valuation is cheap and the balance sheet is good. Their drill program in Brazil could add interest. Q3 production was solid and insiders have been buying the stock. Unlock Premium - Try 5i Free
Kinross Gold (K-T) TSE
Barrick Gold? He prefers Kirkland Lake and Agnico Eagle among the big producers, because they have better leverage and are streamlined. He always puts Barrick and Kinross in the same category. Kinross buys assets at low prices, but he'd rather buy the companies they buy than Kinross itself. (The one positive with Barrick is Warren…
Galane Gold Ltd. (GG-X) TSXV
(A Top Pick Dec 29/11. Down 19%.) Still likes. Had an excellent quarter Good production. Small golds have got hit quite a bit. Last quarter was very strong. Looking for them to get into higher grades.
Power Metals (PWM-X) TSXV
Hard to recommend this stock. Metals are like the oils now. Hold if you own it, but he wouldn’t put new money in.
Spanish Mountain Gold (SPA-X) TSXV
Can survive but will not thrive. In this market you want to buy the best of the best companies for the rebound. Decent size, low grade deposits and decent people. You want superlatives now.
Asanko Gold Inc (AKG-T) TSE
An open pit facility in Guyana. As gold prices go up it benefits as it is a high beta stock. He is not too keen on this one as the grade of resource was not what he was looking for.
Gran Colombia Gold Corp. (GCM-T) TSE
This is one that is quite interesting. The gold sector has the wind at its back. With all the money being printed by central governments, the stimulus has to go somewhere and it will probably end up being inflationary. They are cashed up and have interesting projects. He thinks it goes higher over time. It…
Nighthawk Gold (NHK-T) TSE
Used to own it, because they had a high-grade project in the Northwest Territories, but they were interested in a lower-grade target that didn't interest him so he sold. He doesn't know their company strategy anymore.
Novo Resources Corp (NVO-X) TSXV
They are a developer, early stage, and looked to be on to a big discovery. Now it looks like a lower grade but economic mine. If you look at the valuation, it still looks like they are onto a high grade discovery. He would move on.
Golden Arrow Resources Corp. (GRG-X) TSXV
Nice deposit. He can see where the deposit makes sense for Silver Standard (SSO-T). If you have been a holder of this over the course of the year, you might sell enough to have all of your risk out of it. If the silver price continues to go up as he expects, over the next…
Minaurum Gold (MGG-X) TSXV
(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.
Nickel Creek Platinum Corp. (NCP-T) TSE
Americas Silver Corp (USA-T) TSE
It's one of his anchor stocks. It's been lagging in price, but so have many silver companies. He still likes this among Mexican-based silver producers. It has just started a gold mine in the US which helps diversify away from silver. They keep adding mines and value, and will have leverage to the prices of…
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Cash position is strong despite revenues falling in 2020 compared to the large order they received in the prior year. Margins have improved. It continues to secure orders. High risk but doing many things right. Unlock Premium - Try 5i Free
Martello Technologies Group (MTLO-X) TSXV
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Revenue grew 57% YOY despite soft results in Q4 2021 relative to expectations. A strong second half of 2022 financial year is expected. Holds $8.5M in cash. In talks with Microsoft for a deal. Continues to trade at relatively low valuation. Results were not spectacular…
Flowr Corp. (FLWR-X) TSXV
They have a lot going on in their greenhouse and outdoor operation. They have a deal with Scott's Miracle Grow. He sold off and may buy back in.
Use this list wisely to identify buying opportunities.
Happy trading !!!