Earning Reports to Watch (Jan 28-Feb 01)
Metro and a few of our Top Canadian Tech Stocks are reporting earnings this week : CGI, Celestica, Open Text, among others. Not on our list because they are not Canadian stocks but noteworthy, Apple and Facebook are also set to report earnings on Tuesday January 29th after market close and Wednesday January 30th respectively.
Here are the companies with earning reports to watch.
🛢Basic Materials
Avalon Rare Metals Inc. (AVL-T) Jan 28
Opinion about AVL.TO: 50% jump because 1) market seems to be more interested in rare earth metals and 2) was written up in a well-followed…
Eastmain Resources Inc (ER-T) Jan 28
Opinion about ER.TO: Wonderful land positions around Red Lake. Has taken the turtle approach in what is usually a rabbit race in exploration. Is…
First Cobalt (FCC-X) Jan 28
Opinion about FCC.V: He doesn’t know their financials. The company is trying to revive a historic mining area in Ontario. This type of work…
Serengeti Resources (SIR-X) Jan 28
Opinion about SIR.V: A lot of potential. Thinks they will attract a lot of attention in the coming weeks, but depends on how they do. Highly…
Victoria Resource Corp (VIT-X) Jan 28
Opinion about VIT.V: Yukon. He hopes they fail and that they can’t put it into production for 4 years when gold is higher.
East Asia Minerals Corporation (EAS-X) Jan 30
Opinion about EAS.V: Recently discovered gold deposits in Indonesia. Assets appear to be very good and high-grade.
Full Metal Minerals Ltd. (FMM-X) Jan 30
Opinion about FMM.V: Have developed mass projects throughout Alaska. Another company, Northern Dynasty (NDM-X) has built up a major discovery of 30…
Goldmining Inc (GOLD-X) Jan 30
Opinion about GOLD.TO: 300,000 hectares of holdings in Brazil. Lots of prospective ground. One of the major shareholders is BrazilInvest (?), a 12…
Methanex Corp (MX-T) Jan 30
Opinion about MX.TO: Likes it. He just took profits. Natural gas is driving shares, and nat gas prices are down now, so MX shares are up. It's a…
Resolute Forest Products (RFP-T) Jan 31
Opinion about RFP.TO: Tissue is a popular trade. They have not been highly differentiated in their pulp. It is a wait and see story.
Silvercorp Metals Inc. (SVM-T) Jan 31
Opinion about SVM.TO: Caller writes covered calls. Right strategy? This is the right strategy. This one has very high premiums in it. Even if you get…
Norbord Inc (OSB-T) Feb 01
Opinion about OSB.TO: A lot of the forestry stocks had a correction in December. OSB-T have operations in the UK also. He can't comment on the…
🚚 Industrials
CIBT Education Group INC (MBA-T) Jan 28
Opinion about MBA.TO: Doesn’t think this is followed by anyone right now. They built schools, bought some of them, and then discovered foreign…
Canadian National R.R. (CNR-T) Jan 29
Opinion about CNR.TO: Great business, always expensive, so he doesn't own. Oligopoly along with CP, and those businesses aren't going away. With…
Exco Technologies (XTC-T) Jan 30
Opinion about XTC.TO: (A Top Pick Feb 4/15. Down 0.4%.) Auto parts manufacturer in cast-iron. The backdrop is not great as people are looking for a…
👨💼 Employment Services
People Corp. (PEO-X) Jan 28
Opinion about PEO.V: An employee benefits consulting company. It does not require a lot of capital. They have made some nice tuck in acquisitions. It…
🛍 Consumer
Metro Inc (A) (MRU-T) Jan 29
Opinion about MRU.TO: High quality grocery, plus now a major drugstore operator. Targeted marketing to customers results in a higher spend per…
Lexaria Bioscience Corp (LXX-CN) Jan 30
Opinion about LXX.CN: Edible Markets. He researched the patent and it was created by two ladies in Florida. It was for a tea. He wants to know how it…
Rogers Sugar Inc (RSI-T) Jan 31
Opinion about RSI.TO: An income stock. There is not a lot of growth and high tariff issues. He would not strongly endorse it but it pays a nice dividend.
💻 Technology
CGI Group (A) (GIB.A-T) Jan 30
Opinion about GIB.A.TO: Global. Big player in US, making a series of "metro market" acquisitions. A near-shoring strategy. Affected by US government…
Celestica Inc (CLS-T) Jan 31
Opinion about CLS.TO: Great run for him, and has now sold (probably too early 🙂 His issue is that we're going to hit a point in the buildout of the…
Open Text (OTEX-T) Jan 31
Opinion about OTEX.TO: Horrible valuation versus peers. Hodge-podge of different software businesses, execution problems. Lots of debt. Management…
Pioneering Technology Corp. (PTE-X) Jan 31
Expert opinions on Pioneering Technology Corp. (PTE.V) — buy, sell, or hold ratings from Canadian and US analysts on Stockchase.
Goldmoney Inc (XAU-T) Feb 01
Opinion about XAU.TO: Invests in very small, grass roots, early stage exploration businesses with low probability of success. Doesn't buy because of…
💹 ETF
Canadian Life Companies Split Corp. (LFE-T) Jan 30
Opinion about LFE.TO: This is a seasonal period when Lifecos in general tend to do well. This is a special vehicle where they buy a lifeco, split it…
👨⚕️ Healthcare
Organigram Holdings (OGI-X) Jan 30
Opinion about OGI.V: This is going to be a massive growing sector. Legislation has not been tabled yet, and all these stocks have been running up on…
Valens Groworks Inc. (VGW-CN) Jan 30
Opinion about VGW.CN: These guys are focused on extraction in the cannibas space. Over 50% of the US business in this space is focused on extraction…
🏛 Financials
Quantum International Income Corp (QIC-X) Jan 30
Opinion about QIC.V: A really interesting little company. Pretty small, but reminds him a lot of Nobilis Health (NHC-T), which was a Top Pick in the…
Findev (FDI-X) Jan 31
Opinion about FDI.V: They have finally inked some very significant deals in the last 3 months, which is why the stock has doubled since then. Thinks…
⚡ Energy
Imperial Oil (IMO-T) Feb 01
Opinion about IMO.TO: Oil & gas sector has been consolidating. This name is breaking out to new highs, and that's a great tell. 25 years of reserve…
