Here are the companies with earning reports to watch.
(A Past Top Pick on April 26, 2017, Down 5%) They build student housing very well and there's currently a shortage in the west. They make a 10% EBITDA margin on these schools. In addition to revenues, they benefit from the asset value is rising in those projects. They have several the Vancouver area. Down…
Canadian Pacific Rail (CP-T) Jan 23
The rails as a whole have been a great category. They almost have monopolistic attributes. This has got a lot of investors excited and is a core holding in so many portfolios. He does not pay too much attention to it but, keep on holding it as it will move higher over the longer term.
They haven't indicated a discovery in the St. James Bay area, though he likes the management and this part of the world for exploration.
First Cobalt (FCC-X) Jan 21
Cobalt is attractive but this is not a cheap producer, because they're in Canada and not Russia or Congo.
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.
Tinka Resources (TK-X) Jan 25
They have quality zinc deposits in Peru, but the zinc price is the issue, so is it a good time to sell it now? They will drill another 10,000 meters so find more high-grade. He escapes a scoping study by end-June. Has a flat chart though, reflecting the low zinc price. Zinc companies aren't making…
AGF Management (B) (AGF.B-T) Jan 23
Is there any growth in the investment business? AGF's balance sheet is too big for what they earn. Potential write-offs must happen to bring that down. Asset management businesses are being killed. $10.84 is his target price--lots of upside and they can cover their dividend.
TheScore Inc. (SCR-X) Jan 23
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The growth outlook is very positive with key bills being introduced for debate by the government. The reverse split has occurred. The stock is up 245% this year and expectations are very high. Decide on a weighting and sell into strength accordingly. Unlock Premium - Try 5i Free
Richelieu Hardware (RCH-T) Jan 24
Benefiting from shift in consumer spending to the home. Doorknobs, cabinet hardware. Undergoing a positive rerating by the market. Strong consumer tailwinds as people forced to stay home. Good business model. Lots of growth runway. Half of revenue growth comes from accretive acquisitions. Margins have upside. Yield is 0.73%. (Analysts’ price target is $35.00)
Infrastructure assets are long duration assets. The issues with roaming fees and sports franchises will go away. He thinks they are undervalued and this one is the cheapest of the bunch. (Analysts’ price target is $67.20)