This week’s new 52-week highs and lows … (Jan 23-29)

The 3rd largest holding in his portfolio. They have seen the mines in Turkey and were impressed. The area is a danger zone with recent fighting and the stock has taken a hit. The mine is far enough away from the fighting so he thinks it will not be impacted. He paid just over $2…

Stockchase Research Editor: Michael O'Reilly KL just reported record levels for production, revenue, and earnings -- all while avoiding pandemic related delays. It trades 15x earnings, compared to its peers at 23x. They have repurchased over $700 million of its stock and boosted dividends twice last year. The dividend is reaching attractive levels and is…

There is no dividend. Sales are up but earnings are less negative rather than positive. Earnings growth forecast for this year is zero.

Doesn’t particularly like the deposit. Very speculative. It’s all over the map. There are safer names out there.

They had a sound model on where the gold was and now they found more. The management team are great. They are in Northern Mexico. He thinks the permit will not be an issue. It is at a very high multiple due to their silver assets.

They just partnered with a private equity group. The company is now 45% owned by private equity. They completed their first pour in the Yukon and are moving towards commercial production. The problem is the private equity partner will have a lot of say in the operations. This will keep him out as an investor.

Good management team. A little expensive at this price, relative to the state of the project. Would nibble away on any weakness. Be patient.

It's a 10 cent stock, when even the big companies aren't doing well. If you like it, sure go ahead. But there's nothing he can add.

They have three gold mines around the world. A huge 13.7% free cash flow yield; FCF grew over 200% YOY to $244 million. Sales were up 63% in the recent quarter. Cash flow is expected to grow in 2021 26%, and the ROE to be 26% in the coming year. Gold has momentum, says the…

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Royalty companies receive payment on production so there is less inflationary pressure. Royalty companies should outperform bullion in an inflationary environment most times. Unlock Premium - Try 5i Free

(A Top Pick Jan 30/19, Up 85%) They have the market's attention. Later this year there is the decision whether they start up an older mine that has been mothballed for a while.

(A Top Pick July 3/15. Down 43.04%.) Sold his holdings at around $5.50, and lost money. Their business continues to grow, and this is one that he continues to watch. There is lots of promise here.

Barbell approach to navigating economic uncertainty over the next 12-18 months. Defensible, resilient cashflows. On the other hand, if the economy takes off, there will be more waste from industry. Best in class management and EBITDA margins, free cashflow. In a good position to do some M&A. Yield is 0.84%. (Analysts’ price target is $145.35)

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Any energy recovery would be good for the company. The infrastructure spending will also be a catalyst. Debt has declined and EPS is expected to rise more than 65%. Unlock Premium - Try 5i Free

Stock pummeled, but has soared with the 737 MAX coming back. Stock's recovered most of what it lost. A lot less flying going on, and airlines don't have money for training now. From here on, a good hold, but too late for a buy.

Killam vs. Crombie REITs Killam holds apartments, an asset class he really likes among REITs. Rent-collection rates are really high for Killam, so no worries about that. All these REITs trade at a 10-15% discount to NAV. Funding costs will drop 1%, because they get funding from CMHC. A hiccup comes from mobile homes which…

Stockchase Research Editor: Michael O'Reilly AP.UN is a REIT that manages office space primarily in Toronto and Montreal. As vaccines are rolling out, we expect the worst is now over for this space, signaling a time to re-enter. It trades at less than 7x earnings and pays a good dividend backed by a 29% payout…

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. In the current environment, industrial or residential REITs are preferable. It is fairly cheap and the distribution is safe. Unlock Premium - Try 5i Free

Likes it and its sector. Trade at a healthy premium. In the right markets. Growth has traditionally been there. Fairly valued today. Look for pullbacks to buy.

Focus on Walmart and adjacent retail. Likes Walmart, but the adjacent retail faces headwinds. Management team says better growth in residential than in retail. She'd take this cue and invest in companies that already have residential exposure. Talk of distribution cut.

(A Top Pick Jun 14/18, Up 59%) It is another example of an undervalued tech company in Canada. It was taken out by MS-N just over a month ago.

Thinks very highly of management, likes portfolio exposure. Warehouses in Canada, US, and Europe. Its Magna leases have a lot of upside. Has grown effectively. Warehouse facilities are in demand from e-commerce. Attractive at these levels. Yield is about 4%.

Likes it. Stock's performed really well. Q3 results strong. Trading at a 5% discount to NAV. Still upside. Primarily in GTA, Hamilton, Ottawa, Montreal. Buy underperformers and renovate them to the advantage of shareholders. Strong recurring free cashflow, growing distribution. Yield is 2.3%.

Thinks highly of management. Focus on Atlantic, with nice expansion west. Stable operator. Nice value-added strategy. Steady growth. Rebounded nicely off lows. But growth won't be the same as other REITs.

It is a subject of a takeover and you might consider holding it until the close of the take out transaction. You could also move to another apartment REIT. Your upside is capped from here with NVU.UN-T.

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The monthly yield is at 7.6%. The small size adds some risk, but the TSX listing will probably raise its profile. There are no huge expectations on gains due to relatively slow growth. However, the industrial REIT sector looks good and the stock has done…

80% of its assets are retail. He shies away from retail, but Loblaw owns half of those assets, which is stable and boasts high rent collection. The company is in good hands and the dividend is safe. Managers are doing a good job to diversify into apartments and industrial spaces to diversify away from retail.

Involved in nonstandard automobile/motorcycle insurance as well as home insurance. BV of around $14.37 but Tangible Book is $13.50. No debt. Overly capitalized by over $35 million. Stable management. Basically Canadian, but their big driver is Europe. 25%-30% growth. Will probably earn about $1.30 next year. Have an option of putting in a dividend, free…

He doesn't own REITs now, especially in offices and retail. How long will it take for their occupancy to return? In REITs, you pay around 90% earnings so there's little wiggle room for error. He'd rather buy retirement homes like Chartwell and Sienna, which offer better growth.

Bond-like, they're very good at mezzanine and commercial lending. They distribute what they get and are conservatively balanced (balance sheet). They know their markets. It's like a mortgage-lending situation. They earn 7% rates of return, no more or less. A very stable investment, acting like a bond proxy. (Analysts’ price target is $9.96)

It's a real estate play on medical facilities in the US. It was overleveraged a few years ago, then COVID declined their business, which are non-essential surgeries. But they're still profitable and paying dividends. He sees upside.

It got stuck above $30 and is now building a nice base. He likes this.

MRU-T vs. EMP.A-T. Metro has been his favourite grocery stock for 15 years. Grocery are the stay-at-home stocks but as we exit the pandemic this is not where you want to be. Don’t buy until the rotation is completed.

MRU-T vs. EMP.A-T. Metro has been his favourite grocery stock for 15 years. Grocery are the stay-at-home stocks but as we exit the pandemic this is not where you want to be. Don’t buy until the rotation is completed.

They stumbled in the early days getting franchisors aboard and are back-pedalling. He watches this. Covid has disrupted this industry and doesn't know where this will go. Food delivery to the door isn't that profitable and doesn't know if it has legs. Frankly, there are better places to invest money, like Boyd or Constellation Brands.…

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…

Pre-COVIC, he saw that tech was going to pop, and now the puck is heading to boring value names, like Quebecor. Has an 11% growth rate and trades at 12.6x 2021. Its a very cheap telco and have a lot of cash to return to shareholders and raise the dividend if they wish. Their wireless…

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)

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It’s one of the safest blue chip stocks, although it is not completely risk-free. It is a good choice for conservative investors. An allocation of around 10% for telecom would be good depending on your risk tolerance. Unlock Premium - Try 5i Free

Junior company that is basically raising money to explore for uranium. Sometimes takes years to find a deposit. Have to be patient. Some interesting prospects in the Athabascan basin. Pretty strong drill program for the first half of 2008. On negative days, you could pick some up for a short-term trade.(Buy uranium stocks when uranium…

Energy is enjoying a rotation into cyclicals and commodities. Pays a 7.5% dividend and offers 5-7% annual earnings growth. This will make you 10-12% a year. ENG actually scores high in ESG, given renewable natural gas, carbon capture and started building their third wind farm in France. He targets $50. (Analysts’ price target is $55.20)

The business allows a USB device to reach into a database. Many of the clients were US military and security agencies. A recent acquisition gives them good forward prospects.

INE vs. RNW RNW depends on drop-down from the parent for growth. Whereas INE is an independent power producer. At current valuations, he prefers RNW. Pretty good visibility over the next few years. INE is more expensive and has good prospects, but its valuation doesn't have as much upside.

Short/medium outlook for renewable energy The recent harsh winter weather in Texas shows that even green power can be effected. But now this market rotation is a short-term blip for green energy stock, and so is a good opportunity to buy. Corporations and governments will continue to demand green energy and investors want ESG. This…

Stockchase Research Editor: Michael O'Reilly EMA is an electric generation and transmission company, operating in east coast of Canada, with customers along the US seaboard and New Mexico. Trading at 13x earnings, it is good value compared to its Utility peers at 34x. It pays an excellent dividend, backed by a manageable payout ratio of…

Debt concerns? BXE took bankruptcy protection when debt became too much. There is no equity value in it any longer. Companies that have debt that matures in 2020 or 2021 will have issues. He sees no issues with BIR or TVE on this topic. The new Federal relief program for large companies may be difficult…

Natural gas? The outlook for natural gas has improved as associated production has impacted by shut in oil production. He is not fond of PEY as they have covenant violations (that should be worked out). He has others he prefers.

Consolidation of the small and mid-cap names is an important theme. There are better names to own in the space.

This had been on his Short List of about 10 companies. There is absolutely nothing wrong with it. He thinks you could get an 8%-10% rate of return. It just didn’t seem to have that key catalyst driver that could make it exciting. (See Top Picks.)

Owned it a few years ago and cut his losses. Now, cut your losses. This business is struggling as an asset manager, specifically to retain and attract new clients. Also, their key managers, including the CEO, have been leaving. They won't generate much in performance fees, which has been an attraction for investors in the…

Sees no change to the dividend theory. The 3 Irish business millionaires actually control the company and are holding it long-term for the dividends. The company has some costs going on disadvantaging it. The diamond sector itself has not produced really stellar performance. This is a “wait and see”.

On the sidelines until the CEO impresses him; he's having implementation challenges. He's staying on the sidelines for now. Great CEO though.

(Past top pick March 6, 2018, Down 57%) When he bought it, he was interested in their copper play in Mexico. Since then, they had a big investment from Newcrest Mining. AMX has split into two companies, including Azucar. AMX is now the prospect generator. He owns them both. That transaction took a long time…

Been a nice success story. His opinion is that the commodity cycle has really played out here.

A large continental deposit, but there are political problems in Colombia. Are also concerns over cost overruns, can be managed. Worth buying overall.

They discovered dramatic interest in 3D printing in education. These guys specialize in education.

Newmont took a position last year and surprised many at PDAC. Newmont is doing a joint venture on Goldstrike's Plateau property in the Yukon at a 90+% premium. Newmont is active and keen.

They had a lousy quarter. The stock is too cheap now. A small market cap company--caveat. There's a lot of exploration upside. Their earlier quarters beat expectations. They're in the penalty box, but they will recover.

Their deposit in Peru looks very attractive. It's large and has good grade. There is a significant amount of oxide material. A lot of upside potential.

A small, very speculative land holder in Canada. Higher nickel prices may push this stock higher

(A Top Pick Jan 05/18, Down 86%) He sold out of this when it became apparent oil prices were not going to finish above $70 per barrel by year end. He sold out around $6.50. Demand for frac-sand is down and their is greater competition in the US. Spending plans have declined in Canada as…

He owns just under 10%. He thinks a 19% shareholder will buy up the rest of it at a premium in the near future. This is a small player in the wine market but at a much higher margin. Online sales and grocery store sales are booming. It is trading at one times sales, rather…

He would like to see a couple of good quarters out from them. It is thinly traded. You have to be prepared to watch it quarter by quarter.

Doesn't know this company. Loves the space. Names with a good name, like "green" move well. They produce organic foods, and people are looking to eat healthier. Fancy name. Fancy products.

Payout ratio is 56%. Sales are declining by 25% and earnings have fallen by 67%. He would be cautious and would look elsewhere. Yield 13%

Good company. In some interesting spaces in terms of hormonal stuff. They are on the search for a Viagra for women. The numbers into 2016 are looking pretty good. He wants to see one or 2 more quarters, but if they keep doing things the way they are, it is a name he would be…

In the news a lot, and you never know what's going to come up from the past. Better E&C companies out there, such as WSP Global. It trades at a premium, but there's a reason for that. Better track record, recent acquisition will lead to growth opportunities, leveraged to environmental services that will be a…

Where you talk about a bear or bull ETF that is levered, they have no future. You are supposed to trade them on a day to day basis or possible a weekly basis. They are guaranteed to lose over the long term because of the way the gains are translated over night. These are a…