Here’s the full list of Canadian Companies on Stockchase reporting earnings this week :
First Cobalt (FCC-V) Jan 07
Cobalt is attractive but this is not a cheap producer, because they're in Canada and not Russia or Congo.
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.
Sprott is a secured lender in this project, as well as a shareholder. The mining start-up looks like it has been fairly troublesome. If they work through their problems, which he thinks they will, he thinks there is tremendous upside. However, there is risk. There is tremendous upside if they can make all this work.…
Velan Inc (VLN-T) Jan 10
They announced a good last quarter with a record backlog of orders. This is badly undervalued. At some point, there'll be value creation. This business has turned around towards higher-margin product. Some end markets are coming back as nuclear plants need Velan's valves. One day, the company will be privatized, but you need to be…
👨💼 Employment Services
They are a recruitment company. It’s not very exciting. It was 45 cents a few years ago, but has been pretty flat since 2013. They pay a nice dividend, the stock hardly trades (about 12000 share volume). It’s profitable and well-managed. He would be interested in the stock at 75 cents but it is so…
Acasti Pharma (ACST-X) Jan 10
The krill oil lipid trial did not work as expected. The overall portfolio is quite attractive. Over the coming year, there may be opportunities. However, there are other opportunities in other companies like ATE, which he owns.
Aphria Inc (APHA-T) Jan 11
(A Top Pick Dec 17/20, Up 93.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with APHA has triggered its stop at $19. To be disciplined, we recommend covering the position. Combined with the previous recommendation to cover 50%, this will create a net investment return of 59%.
Aritzia Inc. (ATZ-T) Jan 10
A core holding. The stock has done extremely well and is a past pick. Opportunities to expand in the U.S. is huge. Nothing is stopping this stock. It's at all-time highs now, so buy gradually. He has a $35-50 price target.
Cogeco Cable (CCA-T) Jan 10
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Their latest quarter results were good. They beat expectations on revenue and EPS. REvenue was up 8% and free cash flow rose 14.2%. No concerns around the earnings report. Unlock Premium - Try 5i Free
COGECO Inc (CGO-T) Jan 10
Despite a recent upgrade, he wouldn't buy this. (Though another has raised its taret price.) He prefers owning BCE, Telus or even Rogers because they are more diversified. Yes, the stock has done well and is recession-proof.
This is one of his largest positions. He trimmed a little on the way up but it is a long term core holding. The pandemic has really, really helped them. People are ordering more food from home. They are offering their own private label products with same day delivery. They plan to go to $4…
It bounced well of the bottom. The problem is that the last quarter or two they beat expectations but there is a lack of growth and in the channels and assets they own. He would not jump on it right now.
Uranium Sector. Has the bull started running? His proxy is CCO-T. If there is a bullish case for Uranium, the analysts have not heard it. U-T is up 66% so had had quite a move. He hopes the analysts will get the same message he is about the outlook for uranium.
TheScore Inc. (SCR-X) Jan 10
They have a great app to check sports scores, now pivoting to online gaming, a good business and a new, unknown market which excites investors, but a lot of players are entering this space too. It could end with SCR being bought out. We don't know the total market yet and how much money can…