Most Anticipated Earnings: BNS-T, TD-T and more Canadian Companies Reporting Earnings this Week (May 25-29)

Opinion about BMO-T: Canadian banking sector. Outlook is favourable. He owns BMO, RY, and TD. All 3 had good earnings, with TD probably the best. But the other two were also strong.Tight, well-regulated oligopoly. A need, not a want. Diversified by geography and line of business. Good line of sight through the cycle to high,…

Opinion about BNS-T: You probably don't want to add capital to a name that's moved significantly. Perhaps trim. The time to buy was when it was facing the uncertainty of a new CEO. Canadian banks will have credit issues if CUSMA vaporizes. But in general, good franchises. Instead, look outside Canada; JPM is one to consider.

Opinion about NA-T: Good numbers today. Its business will continue to do well in this environment. Great run, so you might want to take a bit of profit.Only caveat (on the sector in general) is that if CUSMA gets ripped up, we're probably going to see a bit of economic pain in Canada. Interest rates…

Opinion about RY-T: Canadian banking sector. Outlook is favourable. He owns BMO, RY, and TD. All 3 had good earnings, with TD probably the best. But the other two were also strong.Tight, well-regulated oligopoly. A need, not a want. Diversified by geography and line of business. Good line of sight through the cycle to high,…

Opinion about TD-T: Canadian banking sector. Outlook is favourable. He owns BMO, RY, and TD. All 3 had good earnings, with TD probably the best. But the other two were also strong.Tight, well-regulated oligopoly. A need, not a want. Diversified by geography and line of business. Good line of sight through the cycle to high,…

Opinion about CM-T: Stockchase Research Editor: Michael O'Reilly CM is one of five Canadian banks who have partnered to create the Defense, Security, and Resilience Bank (DSRB) designed to provide funding to the Government of Canada's commitment to boost military spending.  We think the DSRB will create another avenue for business growth in the years…

Opinion about AFCC-X: They are providing almost a royalty payment to those wanting to financial auto dealership loans. They go out and borrow money and make royalty investment in those investing in a dealership. He is watching for them to make a third party investment outside of their dealer group. They pay a great dividend…

Opinion about LB-T: Prior to the recent transactions, wouldn't have touched it with a 10-foot pole. This deal is the end of the line for the bank. Doesn't expect a competing bid. The segment that was bought by NA should be accretive.

Opinion about CIA-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research EPS came in at $0.24 beating estimates of $0.20. Revenue came in at $506.89M beating forecasts of $486.08M and displayed growth of 31% year-over-year. Profit more than doubled on a year-over-year basis coming in at $126.46M. The board approved the company's $470.7-million…

Opinion about FWZ-X: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research The company claims to have the highest grade deposit of tungsten in the world, in Canada (Yukon and NWT), so in a safe jurisdiction. But as a developer it has no revenue, losses and negative cash flow. It does have $37M cash,…

Opinion about DAN-X: This has an igneous phosphate deposit, as opposed to the sedimentary type of deposit that comes from Morocco. They have a positive feasibility study and a very high CapX, and are working through the permitting cycle. What they need is one of the big agricultural companies to do a buyout and develop…

Opinion about ARU-X: (A Top Pick Aug 20/08. Up 22.3%.) Acquired by Kinross (K-T).

Opinion about WGO-X: Revenues have turned a corner. Small-cap gold exploration in Yukon. Interesting neighbours like AEM and NGT. AEM owns just under 20%. Revaluation of the asset base and ramp up in activity could significantly increase the resource and make it a takeover candidate. No dividend.

Opinion about GQC-X: He likes the deposit and the CEO. They tried to finance them but Eagle beat them. You need to be concerned about the very recent revenue grab by the government of the Dominican Republic. It will be interesting to see how this works out. A great deposit and a great management team.

Opinion about ALDE-X: High-quality management. Good deposit, progressing steadily. Seems to enjoy local community favour. Should benefit from a very, very good 5-year outlook for copper. He’s long this name.

Opinion about NGC-X: We haven’t made many graphite discoveries in the world, mainly because there hasn’t been very much graphite required, relative to the supply. The graphite market is extremely technical, and not all graphite deposits are created equal. If you don’t understand the technology behind graphite and the various grades and qualities of graphite,…

Opinion about CVO-T: Good job overall, well run. Exposed to some of the AI trends. Sizable competition for what they do. He's conservative on whether it can differentiate itself in the coming years. Must show it can get the big, multi-year contracts.

Opinion about EVGN-X: Best way to play renewable gas globally. Pure play. A way to be cleaner in using natural gas. Companies like FTS are making it part of their mandate, and it's a major customer of EVGN. Two transformational acquisitions. Tremendous growth. Need a tough stomach for the volatility. Approved to buy back shares.…

Opinion about DOO-T: (A Top Pick Jan 23/25, Down 12.7%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with DOO has triggered its stop at $67.  To remain disciplined, we recommend covering the position at this time.

Opinion about GSP-X: We need potash, and demand will spike. Reticent to chase a small name like this. Look to a large cap. He likes NTR, which is reasonably priced, all things considered.