(A Top Pick Apr 15/19, Up 30%) It's become a consolidator (which he prefers to a roll-up), because being a consolidator gives Boyd a platform for acquisitions and reduces overall costs. Boyd is a go-to to consolidate tens of thousands of auto body shops. They will expand to the U.S. as a stock, which is okay to hold in an RRSP but not a taxable account.
He owns PWF instead, which pays a slightly higher dividend. POW is a solid company that's grown for a long time. The generation that's inherited that company may lack the drive of the founder but they are operating steadily. Worth holding onto, a buy-and-hold.
He owns PWF instead, which pays a slightly higher dividend. POW is a solid company that's grown for a long time. The generation that's inherited that company may lack the drive of the founder but they are operating steadily. Worth holding onto, a buy-and-hold.
Will we see a repeat of the sharp December 2018 pullback? Possibly, but unlikely. There'd have to be a combination of forces that spook the market, like the trade deal, Brexit, etc. If there was a pullback, it would be weaker than Dec. 2018. He expects a calm Christmas.
Will we see a repeat of the sharp December 2018 pullback? Possibly, but unlikely. There'd have to be a combination of forces that spook the market, like the trade deal, Brexit, etc. If there was a pullback, it would be weaker than Dec. 2018. He expects a calm Christmas.
They will benefit from the trade wars because they do shipping logistics. Will also benefit from Brexit woes. A major holding for him. There are many companies for them to buy and they are good at it.
They will benefit from the trade wars because they do shipping logistics. Will also benefit from Brexit woes. A major holding for him. There are many companies for them to buy and they are good at it.
Worries about telcos--lots of talk in the election about high telco rates. Canadians still pay a lot. He's tiptoeing away from telcos which may have regulations and come off.
Worries about telcos--lots of talk in the election about high telco rates. Canadians still pay a lot. He's tiptoeing away from telcos which may have regulations and come off.
He made good profits then sold when it got pricey. He got worried that its current decline would continue. Technical analysts warned about it. The fundamental business is great. A lot of 5G needs to go in, so this is a good long-term investment and he may buy it back.
He made good profits then sold when it got pricey. He got worried that its current decline would continue. Technical analysts warned about it. The fundamental business is great. A lot of 5G needs to go in, so this is a good long-term investment and he may buy it back.
In an RRSP If not sheltered, sell it. He has sold all his oil stocks, which face so many obstacles. 2019 will be the hardest year for Alberta oil with many operators going out of business. There's no solution to get our oil to the world. He supports moving away from fossil fuels. Jean Chretian once told him, "Too many economists, not enough engineering," meaning political policy and science do not work in synch when it comes to fossil and renewables. We should focus more on science to get greener (buildings, transit, rails).
In an RRSP If not sheltered, sell it. He has sold all his oil stocks, which face so many obstacles. 2019 will be the hardest year for Alberta oil with many operators going out of business. There's no solution to get our oil to the world. He supports moving away from fossil fuels. Jean Chretian once told him, "Too many economists, not enough engineering," meaning political policy and science do not work in synch when it comes to fossil and renewables. We should focus more on science to get greener (buildings, transit, rails).
(A Top Pick Apr 15/19, Up 30%) It's become a consolidator (which he prefers to a roll-up), because being a consolidator gives Boyd a platform for acquisitions and reduces overall costs. Boyd is a go-to to consolidate tens of thousands of auto body shops. They will expand to the U.S. as a stock, which is okay to hold in an RRSP but not a taxable account.