Jason Donville

We've all been wondering when it was going to happen, and now it has. The positive is that it's great for stocks. The negative is that it's a reflection that the economy is slowing, and Canada has economic issues right now. As an investor, you want to capture the benefits of lower interest rates but still be cautious of areas where there's weakness in the economy. 

Great for both growth and rate-sensitive stocks. Lower rates are also good for the economic cycle. There's the AI revolution, and some of the best growth rates and most attractive valuations are in Canadian AI stocks.

The best-performing markets globally in the last 5 years have been those with a fairly high concentration in technology. The Canadian market is 60% either financials or resources. There are these small chunks of attractive growth, and that's what he's looking for.

He can't be agnostic to the rate environment, because typically the small- and mid-caps are quite interest-rate sensitive. Interest rate environment that's flat or starting to roll over is one of the pre-conditions for the next upward small- to mid-cap market.

Consistent growth, margins, and reasonable valuations. He's not typically looking for pre-profitable companies. All his Past Top Picks are AI companies trading at 5x PE or less.

Great performer. Reasonably priced, trading around where CSU (its original parent) does. More European-centred than CSU.

He looks for faster-growing, smaller names. He prefers companies that do metering and monitoring of the grid. Even though it's partnering with MSFT, he's found better ways to play the AI theme.

If it's growing at 20-40% in an industry that's not growing at the same rate, why are they growing so much? Exceptionally well managed. Given the economy, won't lack for customers in the near term. See his Top Picks for a similar name in the space.

Still loves it, one of his largest positions, high quality, growing. All-time high today. Benefitting from rate-hike sentiment. Healthcare scheduling software. Excitement around raising money to make acquisitions, which have yet to come to pass. Very good acquirers. Still reasonable at around 20x.

A good one, he's looking at it. In the AI arena you want to "own the network", not the people who make the bits and pieces. As a contract manufacturer, 16x is high. Demand looks to be strong and persistent, which may reduce its cyclicality.

Likes it a lot, everything's going well. Continuing to expand. Hopefully, share price can double in the next 2 years.

Looking at it because its Central American business is really starting to take off. Exceptionally well managed. Stores in Canada are packed, since cost of living has jumped.

Managing solar panels to maximize sun's benefit. Huge order backlog. Really strong quarter. Stock's been all over the map, which often happens in a company's first year; don't read too much into that. With global warming, in right space at right time.

Fundamentally, the story hasn't changed. Market's gone through a correction. Very inexpensive. Good play on AI, as purchases in that area are made through a company like this. Be patient. Low valuation, raised dividend, buying back stock, you'll be fine.

Grows at 20% a year. Hints that the next spinoff will be its transportation group. With each spinoff, most of the cashflow and earnings stream back up to the parent. Thinks stock will be worth 20% more a year from now.

He has big expectations. Sitting on a pile of cash to make acquisitions. Thinks it will be a $10 stock in a year. Exceptionally good company.