He sold out a few months ago. The recent selloff has prompted some shareholder resentment and a call for strategic alternatives. The latest quarterly earnings were disappointing. There was discussion of a US acquisition, but he feels it may be a lower margin one. He does not know how they will change the momentum.

This stock is starting to recover and has reported a couple of improving quarterly earnings. He owns it, but is a little worried when it did not rally on the recent reports. They have an investor day coming up and hopes they will alleviate investor fears.

This software company is one of the best four Canadian public offerings along with the likes of Shopify. He bought the IPO at $13. There was a dispute with Samsung that resulted in them exiting an agreement with them. He took money off the table then under that uncertainty. It trades at 70 times earnings. He likes the management team.

A food infrastructure play. They produce augers and storage equipment. Their last quarter saw sales up 30%. They will be raising prices soon and should be able to protect their margin growth. Their backlog has grown and he thinks this confirms their growth opportunities. They are entering international markets, which could increase the likelihood of a take-over. Yield 4.2%. (Analysts’ price target is $67.38)

He doesn’t normally like to buy companies when it is like catching a falling knife, but when it fell 25% it was too good to pass by. Unlike other construction companies its multiples did not jump when PM Trudeau announced infrastructure spending, so the stock looks very cheap presently. They have a record high order backlog. Yield 3.3%.

He likes their growth prospects in the Alberta Cardium area and sees them as having the highest netback per share of any energy company. Their production will jump up sharply in the next two months and they should exit the year at 12,500 boed. They are at 8000 boed today. He likes how management does not issue equity and that growth is through the drill bit. Debt is manageable. Yield 0%. (Analysts’ price target is $7.69)

(A Top Pick September 28/17 Up 49%) He liked their operations and how they were producing a higher boe/day and became more oily. When Spartan got taken out, it made TVE-T look extremely cheap and the stock rallied aggressively. He thinks some US buyers have entered in now.