Jordan Zinberg

Loans mostly in the US, also a Canadian division. Recent UK acquisition. Last week, refinanced debt at substantially lower rate and upsized it. Now has lots of firepower at a lower rate. Growth, nice dividend, trades at 7x PE. Consensus growth for Q1 is 40%. Extremely well run, management owns a ton of stock. For him, a must-own. Yield is 2.27%.

(Analysts’ price target is $40.50)

Slowdown in M&A on this name, so it's lagging both CSU and TOI. And that's why he chose it this time around. As soon as the M&A picks up, stock should rerate higher. High quality. No dividend.

(Analysts’ price target is $52.67)

IT services. Like a "baby" GIB.A. Based in Toronto, but provides services mainly in the Middle East and mostly in Saudi Arabia. Diversified customer base. Sub-$100M market cap. Growing topline extremely fast, profitable, nice balance sheet. No dividend.

He likes to come on the show and sometimes present a name that investors haven't hear of. Only 1 analyst covers it; that will probably change. Over time, stock should move higher as awareness grows and valuation will expand.

(Analysts’ price target is $3.00)

Current valuation finally lets him present it as a Top Pick idea. Expanding into credit cards. Sold off last year on CEO stepping down, but former (and excellent) CEO is helping in the interim. Balance sheet in great shape. Grows 20% a year, year in and year out. Trades at 7x PE, almost a distressed multiple, great entry point. Yield is 2.7%.

(Analysts’ price target is $235.53)

In a sweet spot right now. Rents are going up quite a bit (12% YOY), as there's no rent control in many western Canadian provinces, yet vacancies are down substantially. Stellar results last quarter. Sold off with rest of REITs, yet it's not a REIT. 

Typically trades at a premium to NAV, but today it's at a discount. Extremely well run, haven't raised a dollar of equity in 20 years. Compounded annually at 18% for 20 years. Yield is 1%.

(Analysts’ price target is $226.00)

Canada's largest provider of frac sand. Demand for frac sand is quite high, especially with LNG coming on. Executing very well. Refinanced debt at lower rate, pushing it out to 2029. Easily an $18-20 stock in the next year. US and potential Canadian governments are much more pro-energy. No dividend.

(Analysts’ price target is $18.00)

Rotation from "Mag 7" into small cap stocks happening in USA & Canada. Institutions are moving into Canadian small cap stocks, which have started to out-perform. Expecting this trend to continue. Finding small cap stocks that are setup for 30%-40% gains (trading at single digit valuations). Traditional valuation metrics apply, but larger pools of capital usually don't invest in smaller companies. Lower interest rates should be helpful to small cap stocks (less expensive to service leverage). 

Most recent addition to portfolio. Believes lots of opportunity in energy services. Active in well construction (cheaper & safer). Attracted to the new product line that will offer recurring revenues. Expecting a re-rate on the stock price as a result. Pristine balance sheet, good management. Expecting further share price appreciation. 

Long time investor. Has owned for over 10 years. Recent share price weakness a good time to buy. Market has oversold some of the recent  announcements. Expecting loan book to grow to $6 billion. $30/share earnings not out of the question. A 6x earnings multiple would imply a ~$180 share price. 

Recent addition into portfolio. Stock not as cyclical as perceived. Backlog of work projects very good. Work and revenue is guaranteed from the customers. Recent earning announcements very strong. Recent dividend increase by 50% very strong. Company growing to a size where larger investors start to invest. 

Excellent company with strong prospects. Will continue to own. Founder led, with lots of skin in the game. Demand of housing expected to keep growing. Does not lose any sleep over company. Mid-market apartments also continue to grow. No rent control in Western Canada - helps increase profits. Lots of "blue sky" to keep growing. 

Excellent company with strong prospects. Will continue to own. Spin off from Constellation software. Will continue adding when share price is weak. Excellent margins with software products. Able to do large acquisitions. 

Excellent prospects - energy service company with recurring revenues. Able to reduce debt. Recent M&A very strong - Trican partnership very good. Trading at 4x earnings - still cheap. Will continue to own. Expecting further share price appreciation. 

Used to be a good "compounder" (~20% annually). However, growth has slowed to around 10%. Is watching, but not investing at this time. 

Does own shares. Is a great investment. Well run business with good management. Excellent balance sheet with expanding margins. Could be a good takeout target.