Uni-Select Inc, Hydro One and More at 52-week Highs & Lows (Nov 23-29)
Metro Inc, Shawcor Ltd. and More at 52-week Highs & Lows (Archive From Nov 09-15)
“Canadian Stocks Close Higher as Producer Prices Rise Less Than Expected. Canadian & U.S. stocks rose after producer-price data offered investors another sign inflationary pressures are easing. The Nasdaq Composite gained about 1.5%. Metro Inc. saw a 52 week high while Shawcor Ltd. and a limited number of TSX Stocks saw 52 Week lows.”
Here are 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…
High quality. Good package of grocery plus pharmacy. Very well run, reflected in ROE of 15-16%, better than most peers. Strong balance sheet, nice dividend. One knock is the multiple of 18x vs. market of 13x. Don't buy here. Wait for a pullback and buy for the long term.
Alimentation Couche-Tard (ATD-T) TSE
Core name. One of the best companies you can own in Canada. Recent quarter hasn't changed his view. Appreciates dividend increases and capital allocation. Deleveraging balance sheet. Defensible sector. Hold on, don't think too much about the quarters. You'll be rewarded with a catalyst along the way as they deploy capital. Valuation quite reasonable.
Alimentation Couche-Tard (A) (ATD.A-T) TSE
Currently owns stock and has been a long term holder. Believes company has room to grow and expand. Excellent growth story in Canada.
Pet Valu Holdings (PET-T) TSE
They're a retailer in the pet space. She prefers pet health supplier, Zoetis, because it offers more value.
Restaurant Brands International (QSR-T) TSE
It was a good re-opening play and then fell flat. There are some challenges in the industry with labour shortages, cost pressures and shorter opening hours for restaurants. His advice is to take some profits and don't re-invest in the sector.
Saputo Inc. (SAP-T) TSE
Recovered nicely. Good stock moving forward. Good story and long-term track record. You can buy at these levels, buy more if it goes lower.
(A Top Pick Jun 30/21, Up 12%) He trimmed a lot of his shares recently. It's a turnaround story, having brought in new managers doing a good job. He's seen many companies in auto supplies run into supply chain shortages--demand is there, but not supply, so this is a near-term risk. Long term still looks…
Stella-Jones Inc. (SJ-T) TSE
Boring business (utility poles and railway ties). Very strong dividend. Has been performing well in terms of business. Good ling term prospects (infrastructure growth will require products.
Supremex Inc (SXP-T) TSE
Ranks in the middle of the pack for him. Technically it hasn’t been super strong. Part of that is probably due to some concern over whether or not it will sell off because of the Canada Post strike. He wouldn’t be surprised if they had weaker earnings when they report. Overall the business continues to…
🛢 Basic Materials
Will be processing tailings as well as reenergizing an open pit. Not crazy about the grades in either the tailings or the pits. Has some merits.
Reunion Gold Corporation (RGD-X) TSXV
Senior partner with G2 Goldfields. Major deposit potential in Southern Africa. Large upside given current share price.
Alamos Gold Inc (AGI-T) TSE
May be starting to break out of its long sideways trend. Doing lots of exploration within current deposits, has expanded its high quality gold reserves. 1x book value. Yield is 1.13%. (Analysts’ price target is $13.38)
Perseus Mining Limited (PRU-T) TSE
It is low grade and they have had issues getting it to make money. It probably won’t make a lot of money ever unless the price of gold goes up.
Lundin Gold Inc. (LUG-T) TSE
Discovery in Ecuador. If anyone can put things together in Latin America, it's them. Massively high grade mine. Really good long-term hold.
Eagle Plains Resources Ltd. (EPL-X) TSXV
Mostly early stage exploration projects. Good diversification. Likes their Copper Canyon project which is part of the overall Galore Creek project.
The technicals do not look good at all – with a decline lasting over the past two months. He would not touch this one at all. A 50 day moving average would be a buy signal if it can trade back above it.
Global maker of pipeline coatings. Owns shares in portfolio. Expecting company to do well with strong energy prices. Demand for energy pipelines will grow.
Cathedral Energy Services (CET-T) TSE
(A Top Pick Feb 19/19, Down 67%) He took it off the buy list a while ago. They have paid down their debt load, but their revenues from drilling in the Permian are dropping. He hopes a new management team will help. A high risk - high reward scenario. He will continue to hold it.
Precision Drilling (PD-T) TSE
Short? Reticent to short. Past year has seen demand for drilling and day rates go up, and this should persist for a while. Good performer. Content to hold.
Secure Energy Services (SES-T) TSE
Very well run company. Does not have energy services exposure. Reservation is that more opportunity exists in energy producers. Energy companies not spending as much on energy growth and drilling.
Enterprise Group (E-T) TSE
He’s been picking away at it. Great job of paying down debt to zero. A nimble little oil patch company. Business is picking up. Pretty cheap valuation, so you can accumulate it here. Something will happen, like the oil patch lighting up again. A rise won’t take 2 years, but perhaps in the next 6…
Tourmaline Oil Corp (TOU-T) TSE
Great quality company. CEO's done a good job by picking up assets on the cheap during Covid. Nat gas prices keep increasing, so TOU has a ton of cashflow. Special dividend increases yield to 5-6%. Should do well as long as nat gas does.
Valeura Energy Inc. (VLE-T) TSE
NA's largest fleet manager, also in Australia. Steadily executing. Nice, solid growth story. Even after the runup, trading at 15x, going higher. Yield is 1.72%. (Analysts’ price target is $19.36)
52-Week Low TSX Stocks
Here’s this week’s 52-week lows stocks on Stockchase…
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Struggling with broad market weakness. Investors are throwing in the towel. Has to prove it can meet expectations. Turnaround might be taking hold.
Burcon Nutrascience Corp. (BU-T) TSE
Extracts protein from vegetables like canola, peas, and soy. Has 285 patents. There is negligible revenue despite the company being around for more than 20 years. Difficult to apply fundamental analysis. Too speculative for him. Need to see revenue and profit.
Spin Master Corp (TOY-T) TSE
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Reported a better than expected quarter. Online migration accelerated. Strong balance sheet. Global exposure.
Strong proponent of natural gas going forward(rising demand). Softer quarter has created good buying opportunity for investors. Excellent business for the long term shareholder. Utility business will have above average growth. Midstream business growing the LNG Canada ramping up (will change natural gas in Canada).
Parkland Fuel Corp (PKI-T) TSE
Impressed with its acquisitions. Got back into refining, which is highly volatile, a headache on margins. Debt load is an extra risk right now. Does better when energy names like SU are not as attractive as they are now.
Reconnaissance Energy Africa Ltd. (RECO-X) TSXV
A $1.3B market cap with no test rate from a well. There is also geopolitical risk. Wouldn't invest in this when there are better opportunities in Canada. There could be some hype but what are you getting for really? Too risky.
Pays an attractive yield over 6%. They primarily hold office RE, which is slowly improving. They target 90% occupancy by end-2022. She's watching this, because it has fallen a lot, but the overhang is how much workers return to the office or stay at home. Is watching this as rates rise, which is a headwind.…
Mogo Finance Technology Inc. (MOGO-T) TSE
Smaller cap company. The financial technology was originally launched as a lender. Now it is in bitcoin and wallets. Still no earnings. Challenge is that it trades 28x EBITDA, no return of equity, no cashflow. Has had good price momentum in the past but too volatile.
ECN Capital (ECN-T) TSE
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They announced a special dividend of $7.50. The stock should have moved more on this news. Shares can be bought for the dividend here. Unlock Premium - Try 5i Free
Automotive Properties Real Estate Investment Trust (APR.UN-T) TSE
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They invest in income-producing automotive dealerships. If there is an increase in demand for cars, the dealerships will pay rent and more dealerships will open up. DEmand for cars has only slightly increased, and it is more a supply constraint right now. Will continue to…
Too small for his fund. He's neutral on it. Analysts' 12-month target of $4.60. Digital media AI solutions for advertisers. Cutting edge. Phone providers have privacy concerns on this type of app. You could buy in thirds here, $2.50, and 2.
Docebo (DCBO-T) TSE
Automating learning systems for large corporations. Has fallen off in recent market selloff. High growth rate of earnings and sales will power company going forward. Good time to buy the stock. Will be a good long term investment.
Dye & Durham (DND-T) TSE
It has not been getting its deals done and has experienced a rapid reduction in real estate transactions. It is doing a buyback since it is probably too cheap. Be careful and if buying, buy it in a taxable account where tax losses can be claimed.
Lightspeed Commerce Inc (LSPD-T) TSE
Highly exposed to the consumer. A struggle, not going to change dramatically over the next 6 months, especially in Canada. 20-year highs for credit card debt, a headwind. Cautionary tale for buying stocks at 20x revenue.
MDA Ltd. (MDA-T) TSE
note: audio problems during broadcast Likes it. Don't look at earnings now, but instead the operating cash flow. Built-in contracts are fine. They have projected 25% annualized cash flow growth in the next 5 years. Not a well-known name, which is why shares are down so much this year, but they haven't done anything to…
Telus International Inc. (TIXT-T) TSE
Stockchase Research Editor: Michael O'Reilly The international IT service provider in digital transactions for Telus. Recently reported quarterly earnings were up 150%, revenues up 11%. Cash reserves are growing. The recent share price pullback makes this a good value entry point. We recommend placing a stop-loss at $21, looking to achieve $35 -- upside over…
HIVE Blockchain Technologies (HIVE-X) TSXV
Does not own stock of company, as unsure what cryptocurrency future is. If crypto prices remain strong, will be good for company. Hard to value company.
Converge Technology Solutions (CTS-T) TSE
IT services that integrates small and medium sized business. Growing aggressively through acquisition and organic opportunities. Expanding geographically and vertically within industry. Trading at 7.5x next times EBITA. Expecting further stock growth.
VIQ Solutions (VQS-X) TSXV
They record information on a digital basis (voice to text) and from cameras. A steady recurring revenue stream. Earnings are expected to be break even in 2020. He thinks there are better opportunities out there. He thinks it has hit its lows.
Clear Blue Technologies International Inc. (CBLU-X) TSXV
Light stands for solar driven lights. The real opportunity is in Africa. It is a relatively illiquid stock.
Quarterhill Inc (QTRH-T) TSE
Tremendous value. Received massive settlement from AAPL last quarter, estimated at 100M USD. Patent portfolio is for sale. Will become a pure play intelligent transportation solutions company, which means tolls and weight in motion. Huge contracts in last 6 months. Will benefit from government infrastructure spending.
Real Matters Inc. (REAL-T) TSE
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Diversified revenue streams. Niche business model. Growing its client base and quality of clients. Technology-based tailwinds.
Cathedra Bitcoin (CBIT-X) TSXV
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Small bitcoin mining company. Increased its revenue well over the quarters. Good gross margins and recently profitable. It aims to hold the bitcoin that it mines on its balance sheet and as of December 2021, holds 169.3 bitcoin. Held up well considering the selloff in…
Mission Ready Service (MRS-X) TSXV
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The one contract has moved the stock 60%. The contract has given the push the stock needed. A second contract would help support the new base. The volume is a positive sign. Unlock Premium - Try 5i Free
COVID-19 heart issues? The company makes a synthetic CBD. Their original work saw CBD helped to reduce inflammation of the heart. It is expected they will start to re-purpose their product for COVID patients. This would help accelerate testing by about 2 years. This could lead to product being sold in Canada very quickly. A…
dentalcorp Holdings Ltd (DNTL-T) TSE
Their future looks strong. They've been acquiring dental offices of various sizes. The costs of dental track inflation, so there is increased revenues from this sector. People need their teeth to be look after regularly, so dental won't be impacted much by a recession. However, interest rates do pressure this sector. DNTL has lots of…
🛢 Basic Materials
New entrance in the trending stocks. Operates silver mines across the Americas. World's largest silver producer and holds largest silver reserves globally. Missed their estimated earnings by 50%. Lots of social media mentions due to the earnings report as well as investors wanting to get more exposure to commodities during the current geopolitical tensions.
Largo Resources Ltd. (LGO-T) TSE
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Good potential in its battery business. Shows good growth, the valuation is historically cheap at 8x earnings and the balance sheet is solid. Would wait for better momentum to add. Unlock Premium - Try 5i Free
Neo Performance Materials Inc. (NEO-T) TSE
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The valuation is attractive at 11x earnings, compared to other mining names. It is a market leader in Canada for rare earth metals. There is an anticipated revenue decline, which is related to commodity prices moderating to lower levels. The company’s revenues are a function…
Eastern Platinum Ltd. (ELR-T) TSE
Shut down production recently. This type of situation is what usually happens at the bottom of a cycle, although this one may not be around to enjoy the upside of the cycle.
He considers forest stocks to be a hold. He is lightening up on his position. You should buy commodity products when they are not at a historic high like now.
Westport Fuel Systems Inc (WPRT-T) TSE
We've reached the tipping point where we're sick of really dirty oil. But don't get greedy with this now. Can't recommend buying it at current levels after such a big run.
good natured Products (GDNP-X) TSXV
It specializes in biodegradable plant based products for packaging. The management team has done really well and has delivered exactly like they said. It is expecting 100% growth, 50% organically and 50% by acquisition, in fact it made one today. It is cross selling products as well as new products. It is part of the…
Anaergia Inc. Subordinate Voting Shares (ANRG-T) TSE
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company reported good sales growth, suggesting good adoption. Results missed estimates by $2M. There is opportunity here but expectations are high. Growing at nearly 50% and no reason for slowing growth. The stock has held well despite the miss. Unlock Premium - Try 5i Free
Auxly Cannabis (XLY-T) TSE
Their model is based on getting royalties off the cannabis companies they produce. They've done some smart deals and have been able to put pressure on producers who needed money. Not sure why it moved so down today.
Use this list wisely to identify buying opportunities.
Happy trading !!!