Rite Aid Corp., Atco Ltd and 23 Stock Top Picks (Sep 23-29)

(A Top Pick Sep 23/21, Up 80%) It is still trading above its 150 and 200 day moving averages. It consolidated successfully between 2014 and 2020. He has trimmed a bit but it is still a big holding

High dividend yield (over 6%). Believes shares are priced fairly for investors. Likes business model in this business environment. Very stable business. Company carries ~30% of oil in North America.

Integrated into movies, TV, streaming, toys, merchandise, theme parks. Excellent franchise value good for earning revenue. Large amounts of content already produced. Ad supported version of Disney Plus launching. Raising pricing next year will help bottom line. Current share price presenting good buying opportunity for investors.

It is an uncertain market and there is a risk of a hard landing so he has a substantial amount in cash. You can deploy it when it makes sense. It also gives flexibility. He holds some energy and defense contractors and is overweight in utilities and consumer staples.

Rite Aid Corporation is on the front lines of delivering healthcare services and retail products to more than 1.6 million Americans daily. Our pharmacists are uniquely positioned to engage with customers and improve their health outcomes. The company provides an array of whole being health products and services for the entire family through over 2,400…

Great management team with high discipline in capital allocation. Lower valuations in recent market selloff has allowed company to make good M&A decisions. Company has good financial position (large cash flow and low debt).

They move small/mid-sized businesses into the cloud. Since 2017, they've been growing organically and by 30 acquisitions. They cross-sell and increase the customer base. They are expanding into Europe, most recently buying a company in the UK. Compounded EBITDA growth is 70% and revenue growth is around 50% compounded over the last 3 years. It…

It has done well and is trading better than 95% of the companies in the S&P. It is sadly because of the conflict in Ukraine and the growing demand for upgrading defense systems as well as building new ones. There is an increase in defense budgets going forward. A very diversified company. Buy 11, Hold…

Interesting operators including Wall Street, tech and cannabis expertise. Altogether they can grow organically and by acquisition. They operate in 7 states. The Safe Act has a realistic chance of getting past in the U.S. which would be a boon. If not, JUSHF can continue to grow by buying. They're disciplined and focused in specific…

3-5 year hold. He's taking advantage of currency dislocations and valuations in Europe. Asset light. Industrial applications. History shows that if you don't buy on sale, it's a mistake. Tuck-in acquisitions. Very well run. Growing dividend, attractive valuation. Retraced, and could retrace further. Yield is 2.08%.

World #1 elevator and escalator manufacturer. Sitting on excess cash. Stock's down meaningfully, and this will improve next 3-5 years. Next leg up will be when China reaches zero Covid. Dividend's attractive and safe. (Price target in Euros.) Yield is 4.54%. (Analysts’ price target is $50.40)

Icahn Enterprises L.P., a master limited partnership, is a diversified holding company engaged in eight primary business segments: Investment, Energy, Automotive, Food Packaging, Metals, Real Estate, Home Fashion and Pharma. Social media mentions are up 600% in the past 24h.

It is in the biotech sector which came under pressure18 months ago. The sector found a footing in June and has held well above lows while the market is selling off. In general there are great bio technologies coming to market. Specifically it is a leading producer of a Cystic Fibrosis treatment that continues to…

Stockchase Research Editor: Michael O'Reilly This Pittsburgh based bank has over 2500 branches. We like that is has built cash reserves while aggressively reducing debt. It trades at only 1.1x book and offers a good dividend, backed by a payout ratio under 50% of cash flow. The dividend has grown for 10 consecutive years. We…

Stockchase Research Editor: Michael O'Reilly This payment processor has seen EPS growth over 130% this year. The company is bidding on a Spanish payment services company, which accounts for 16% of the countries financial payment space. It trades at 2x book and has managed to grow its cash reserves while aggressively buying back stock. We…

Stockchase Research Editor: Michael O'Reilly This world leader in insurance and benefits is a TOP PICK. The company just announced a deal along with PRU to assume the $16 billion pension obligation of IBM -- right up its alley. We like the value here as the company is trading under book value, just beat analyst…

Believes company is a good defensive real estate pick. Focuses on single family (35-44 years old) owners who cannot afford to buy a home. High growth in single family renters (priced at cheaper price than condo). Higher demand than supply in terms of single family homes. Trading at discount to net asset value of real…

Another defensive real estate company. Owns best grocery shopping center portfolio in North America. 85% of tenants are necessity based retails(grocery etc.) Has been trading at a discount to peers and net asset value. New leases has been growing. Company has been buying back shares and selling assets to increase value.

Best way to get exposure to industrial real estate in Canada. Toronto and Montreal - best real estate markets in North America (increasing rent levels). Rents going up ~35-60% percent. Trading at discount to asset value(under valued). Presenting good buying opportunity. Good management team.

Stockchase Research Editor: Michael O'Reilly This $20 billion market cap provider of multi-line insurance including group disability and casualty insurance is a TOP PICK. The company is partnering with Yale Medical to develop training in addiction and pain management to help provide reduce opioid use disorders. It trades at 11x earnings and 1.2x book value.…

Stockchase Research Editor: Michael O'Reilly Rising interest rates have impacted the support for this REIT lately; however, given the demand for rental property the value looks good here making Canada's largest residential REIT a TOP PICK. Trading at 11x earnings and under book value, the yield looks supportable with a payout ratio under 40% of…

Stockchase Research Editor: Michael O'Reilly This TOP PICK is a top performing Canadian infrastructure utility. It has entered into an agreement with CP to provide construction services for two hydrogen production and refueling facilities in Alberta. It trades at 1.1x book and at 13x earnings. It has a good dividend, which has grown by 7%…

Energy Transfer Operating, L.P. owns and operates one of the largest and most diversified portfolios of energy assets in the United States. Strategically positioned in all of the major U.S. production basins, its core operations include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined…