This week’s new 52-week lows… (Nov 28-Dec 04)

Still likes it. Pays a good dividend. He still sees value in the energy sector as a whole, as oil and natural gas prices will hold. [Note: audio problems]

As the world drifts to e-cars and renewable energy, oil continues to rebound in 2021, driven by the reopening. American cars are hitting the road this Memorial Day weekend and will cover a lot of miles this summer fueled by pent-up demand from people dying to get out of their homes. Others will fly. All…

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Not overly expensive with a market cap approaching $1B. Momentum is good. Growth is looking good this year and the sector is recovering. Would let this run for now. Unlock Premium - Try 5i Free

Shale gas in the US. A spin out from Bankers Petroleum (BNK-T). There is a lot of potential excitement but it just doesn't have the same management quality team. Just too risky in the market at this point.

He owns it. It is involved in Northern Quebec and there are rumours of some kind of merger with a mining operation in the same area.

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…

He won't buy any service stocks today. It just isn't profitable; the market isn't rewarding drilling. Stop drilling and buy stocks, is his message to the oil industry. He'd rather buy Trican who are buying back stock.

One of Canada's leading senior oil produces with low-long assets. Free cash flow growth will rise sharply in coming years. Expect more dividends or share buybacks. They're more flexible than peers. (Analysts’ price target is $54.41)

He had left the intermediate producers behind. It is between investor bases. There is not a basis beyond a pop in the commodity price. He sticks to those that did a better job at maintaining their dividend.

It is a stock that is very cheap. With high energy prices, that has lifted all of these companies. It was as low as 10% of its book value. His fair market value has been going literally straight up. He would stay with it. He recommended it as a speculative buy a while ago as…

Just beat earnings and have increased production. Cheap valuation compared to peers. But it's getting more expensive heading into 2021. There's no growth here, but that goes with the entire oil patch. The real issue is will they survive. Their balance sheet is getting better, but still high for a blue-chip name. You'll be saved…

He stayed away because they went to the states to make acquisitions. He did not know why the Americans would not already take these assets. He stays away from it.

An oil and gas drilling company in North America. Oil and gas services companies have additional leverage on the oil markets which already have significant volatility. If we get into the positive sweet spot it can raise prices and make a lot of money, but we are not there yet. They have been through multiple…

(A Top Pick Mar 20/20, Up 77%) Picked it again for top pick. Biggest holding in his portfolios. Very undervalued company in the oil and gas area. Generates huge amounts of free cashflow with 5% dividend. Trades at half the valuation of other royalty companies.

A mico-cap that had some major issues. He would not look at this at all.

Bottoming phase in early ’09 then a rally. Profit taking at end of summer. $0.40 is support level; If it breaks through $0.67 level he would see a dollar.

(A Top Pick Jun 19/20, Up 95%) Got penalized from their sale of an asset. However, now it is a debt free company and pursuing another area. Does not fit the free cashflow narrative, but it is inexpensive on cashflow. 3.3x multiple at $70 oil.

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Some weakness after earnings would not be a surprise after running up 34% this year. Targets are going up after the release and there is not much to pick on that would justify the weakness. Unlock Premium - Try 5i Free

Has been picking away at it around $2.05. Volume has dried out. A name that will bring online 12 wells with good expectations. The name could trade at 3x next year's cashflow. With incremental production, it is trading at 1.9 2 year out cashflow. Super inexpensive. Would buy this over Arc Resources.

(A Top Pick Oct 22/18, Down 88%) He sold at $3.22, taking a big loss. They have a lot of worries. They are looking to sell the company. They might just liquidate the company, but clean up could be very expensive. He does not like stock consolidations and used that as a trigger to get…

There is a rumour that Paramount has acquired a 9% holding in Nuvista. Paramount is outspending their cash flow and announced, if required, they may look to sell off assets and this could Nuvista. Both companies share prices have been pushed sharply lower as a result.

Likes royalty because there is less business risk. However, it is not risk free. Probably a good buy on dips. The reflation trade is interesting. For the next 6-12 months, it is okay for a trade.

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

They're 45% into natural gas and 55% liquids. They exposes you to an improving natural gas business. They've reduced their growth rate in recent years, which lowered their decline rate. So they generate more free cash glow. The market doesn't appreciate how quickly their business model has changed. Based on $60 oil, he sees 190%…

Like Cenovus and Arc, they had a busy 2020. WCP became the largest intermediate oil producer in western Canada. They're using carbon capture at their Weyburn unit and they may apply that clean tech to other facilities, maybe to generate revenue. It trades at a premium, because it's so well-run, low-cost, solid balance sheet with…

BBI-X is the old ticker. The merger involves a 10 for 1 split. PIPE-X shows a couple of weeks of trading and that is what to go by. They are coming on with new production facilities soon. By the end of the year, they will go to 10 times that. He thinks it is cheap…

Natural gas. Have announced some major deals with Crew Energy (CR-T) and West Energy (WTL-T) in the Montney region of British Columbia. Expects there will be production within the next year.

They're in northeast BC where Tourmaline is consolidating land and assets, near LXE. So, LXE will become topical. LXE has reached an inflection point after acquiring a lot of land and pushed the Montney play to the northeast. Now, they need a lot of capital to move to full development. They're talking to potential buyers,…

It has a superb balance sheet. They don’t have a lot of garbage on their balance sheet. They succeeded in expanding their high quality gold reserves. What's not to like. They are at book value. (Analysts’ price target is $14.82)

Forestry space He owns no names. The stocks are okay but face trade disputes and an economic slowdown that will hit housing stocks. The stocks have been beaten up.

Dundee vs Excellon? DPM-T was a previous Top Pick and he would look to add to a position. It is one of the highest free cash flow generators in the gold producing space. Production continues to grow and costs are better than their peers. He would continue to hold it. Silver does have some upside…

It is not his favourite precious metals stock because it has a pretty high cost basis. They are getting their act together from an operational basis. He was shorted but it broke out and he covered.

Silver. It is a very cheap stock. There have been concerns about their African acquisition, but they feel it was a smart move. The important thing going forward is to get a hold of good quality reserves in the ground, so it was in fact a smart move. They also got a mine on the…

They are not getting ahead. It should be okay, but you have to manage the balance sheet and the capital structure and so far they are not doing a good job of that.

He wouldn’t take a position right now. If he held it, he would sell it right now. Technicals are downward tending. Sometimes technical stocks don’t work for all stocks. There are major red flag. (Analysts’ price target is $1.43)

They're off the radar. They've have four straight earnings beats. They're expanding into higher-margin e-commerce. This will create revenue growth for many years. It still trades at pre-Covid levels and a discount to peers. He sees earnings growth and currently trades around 10x. The balance sheet is fine, so there's firepower to buy more companies.…

“Jumps and Steps” – quite common in junior companies. Each jump is a news item. As it gets closer to production, it will keep on doing this. Pullbacks are due to profit taking. Must stay above the $0.30 level, otherwise it may be bad news.

The company has suspended its dividend. They operate diamond mines in South Africa. They are looking into underground, from open pit. The cost is more expensive than thought. The price of diamonds has been reduced, though retail prices won’t change.

Too much political risk. Too much financing risk. Nice deposit.

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”.

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

They have been around for over a decade. The idea was to mine on the ocean floor, where there could be silver, copper and some precious metals. Environmentally, there is a lot of resistance to this. It is low tonnage, but high grade. They eventually ran out of capital and went bankrupt.

He owns it around these levels. They have mines in Bolivia and Spain and looking to acquire in Argentina. The property they just bought has costs of $500-$650 per ounce of gold. He is concerned about the revolving door on management. He does not know where gold prices are going to go. He will continue…

It's a sum-of-the-parts story with three moving parts. The knock on it was they always needed to finance, but they financed. He likes their assets, including a joint venture with Barrick, which is worth PG's market cap alone. Their Ontario and Mexico assets are extraneous and will likely be sold. (Analysts’ price target is $3.93)

Getting to the right theme is the most important thing. Has a good basket of assets. Recently pulled back. It's a small cap, so you have to be careful. But it should continue to participate as long as base materials continue to improve.

(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…

Residential lumber exploded last year. Stock's come way down and has never been cheaper. Trading at 12x earnings for a great company with great cashflow. Significant room to bump up the dividend. Great time to buy a well managed, quality company. Yield is 1.62% (Analysts’ price target is $60.00)

Ranks in the middle of the pack for him. Technically it hasn’t been super strong. Part of that is probably due to some concern over whether or not it will sell off because of the Canada Post strike. He wouldn’t be surprised if they had weaker earnings when they report. Overall the business continues to…

Operates in South Africa. Earnings should double this year and rise 50% in 2021. There's a merger underway. They are a disciplined buyer of companies, and this new deal should be accretive. He's bullish on gold.

(A Top Pick Oct 23/19, Up 10%) A bit of a lagger but he continues to like and hold it. They had some Covid issues but everything is coming together, especially with their leverage. They stayed alive during the worse by mining low grade. They have started mining high quality gold.

It has a great management team and the Yukon is a friendly place to develop. Infrastructure is the issue. Smaller mining operations can deal with this, but lack of power and transportation are challenging. Where copper prices are, this is still too levered -- you need copper prices to go higher.

The Barkerville district has a lot of prospectivity. Their individual drill results are excellent but under the control of the Osisko company. He doesn't own it, because has a hard time getting the drill holes to tie together. That said, the district has a lot of promise and the exploration team is strong. The stock…

It looks interesting, but is too small for his funds. It has under-performed for the past few years. They are in the right place at the right time, but we need to see some good drill results soon.

This is a material that is basically one layer of carbon. It is very difficult to produce. It is produced a little bit in labs and sells for a very high price, but hasn’t really been mass produced as yet. It could be the material of the future. It is revolutionary. Very light and very…

(A Top Pick Sept 9/16. Down 2.7%.) Has a world-class property in Argentina and a world-class CEO who has done this before. They’ve raised money from various sophisticated institutions at about the current price. At some point, given lithium prices and electrification of cars it is going to get taken out. Highly speculative, but if…

The guys behind this have had great success in Mexico. They've had not bad results to date. Anything in the silver area is probably going to do well.

(A Top Pick March 11/11. Down 10.36%.) You have to be patient with this stock. It may take a couple of years before they are in production.

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…

It’s a tough deposit. Erratic mineralization with the Uranium. He doesn’t think a lot of the deposit. Prefers others.

Uses their GPS system to figure out where trains are, and to more accurately schedule trains and service vehicles for people working on the rails. Reported on Aug 14 and earnings were down 10%. That was against a 32% increase in sales. In the coming quarter, earnings are expected to be down 75% year-over-year. Great…

He rarely talks about Gold. He thinks it is a strong sector bet. It is been out of favor for so long that mines have closed, productions have closed, mergers and acquisitions happened. Central Banks are now massive buyers of Gold. they want to get out of the US dollar. The Fed is not raising…

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They are issuing 11.5M common shares to raise capital. The equity offering will substantially increase their cash balance. The added capital is for digital stock trading platform development, servers and data. The new cash balance might help boost revenue and products. Very risky. Unlock Premium - Try 5i…

A social media platform. A difficult one to analyse. It has a cast of big shots in management operating mainly out of California he thinks. This is into video streaming. The difficulty with this is that you need a gazillion hits, and the giants such as Google and Facebook are the ones that take the…

(A Top Pick May 20/15. Down 93.21%.) The company had some technology that allowed for compliance and payment processing technology. They started in the Bitcoin area, which didn’t work out very well. They then moved on to high risk areas, which would be considered gaming. Recently announced a strategic review of the company, so are…

He finds it interesting, but got "stop-lossed" out of it. They have a unique low powered cellular device that can be used for tracking. This is another type of device that consumers could look to buy. It could be used to track trailers, or even jack hammers. They did an equity raise a while ago…

HPB Energy Bull+ ETF. Immediate leverage to oil price moves. If you have a very good near-term bet that you want to make on oil this would be the way to go but if you are looking for an investment in the oil patch that has a long-term investment implications, then you should go to…

Will both spike when the pandemic is over? Will both spike when the pandemic is over? HOU-T is the upward moving ETF. It is also a two times ETF. The HOU-T is certainly the side to be on today. If the virus news is true then there will be a lot of pent up demand…

2019 was affected by a GM strike. In 2021 it is shaping up to be a full recovery as each of their three businesses are coming back. Insider buying activity further reinforces his positive view. (Analysts’ price target is $100.40)

(A Top Pick Oct 22/18, Down 35%) He sold this at $3. They offered to buy 15 million shares of stock and the took the offer. He is glad to be out. Sales are falling and they have closed 48 stores. He wonders if management should be changed. Their online sales have been going up,…

It is a really well run company. It is a dominant player in the toy industry. The business is very lumpy month to month, year to year. Kids are sending more time on-line and not playing with toys.

This has been a very difficult stock. Recently reported a very bad quarter. He would stay away from this one. Inventory has gone up a lot and their margins have fallen. Cut the dividend totally. Thinks they are in a bit of trouble.

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.

(A Top Pick Mar 01/18, Down 22%) This was disappointing. They were trying to grow at the expense of the bottomline. Their growth plans did not come to fruition. The CFO left. He does not see a lot of reason to be involved in this name at this point.

Stockchase Research Editor: Michael O'Reilly Founded in 1858, WJX is one of Canada's oldest diversified industrial products and service providers. Recently reported EPS of $0.57 easily beat consensus calls for $0.35. It trades at 11x earnings compared to peers at 34x and has a PEG of under 0.9 (demonstrating good growth) and is a just…

Represents value and cyclicality, which have been rewarded. Stable printing business, depressed volumes are coming back. New direction in flexible packaging is exciting and a growth business. Have made some specialty printing acquisitions. Consistent dividend grower, which should return this year. Potential for a multiple re-rating is significant. Lots of upside.

(A Top Pick Nov 6/14. Down 75%.) One of their key assets is an oil/gas services business, so it has come under a lot of pressure. This is a high risk/high reward situation. Still very much a binary outcome. It is either going to come under a lot of pressure with bankruptcy risks, or the…

Hotels are typically the first sector to go down in a downturn and the first to come out. Today there is zero visibility, however. He would move on from this one.

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…