HOLD

Big line ups at the local stores could be a good sign. Their company is amazingly resilient, especially as people have been predicting their demise with Amazon for so long. You only pay two times earnings and they have good real estate holdings. Continue to hold it.

BUY
The company has MRI clinics in the US. It has over 100 clinics now. He thinks it is a fantastic buy at this level. The challenge is their balance sheet, because of their unfortunate timing of an acquisition just as the pandemic hit. He thinks they will manage it just fine. Margins will be strong when things return to normal for this small cap.
BUY

He thinks gold will likely go higher. NMC is one of the largest miners in Canada. He has been favoring KL for his clients as well.

BUY

He thinks gold will likely go higher. NMC is one of the largest miners in Canada. He has been favoring KL for his clients as well.

HOLD
A great business for many years. He likes it and he kicks himself for not buying in late-March. He would want to see more detail before buying at these levels. A hold for him here.
WAIT

FFH buying BB? He thought the rumour of FFH buying BB created a lot of volume, which made him suspect. BB has a lot of automotive exposure, which hold back their recovery post-pandemic. BB has a cyber-security division that may lead to some opportunities.

WAIT

FFH buying BB? He thought the rumour of FFH buying BB created a lot of volume, which made him suspect. BB has a lot of automotive exposure, which hold back their recovery post-pandemic. BB has a cyber-security division that may lead to some opportunities.

HOLD
A great success story out of Montreal. The rebound was so rapid in March, that they missed the chance to buy. Their involvement in cloud based POS resulted in analysts slashing earnings estimates and there is still an element of risk. In a few months he hope those concerns will appear to be a bump in the road. He thinks there is still a lot of growth and they may be some acquisition opportunities for them as well. A hold for now.
COMMENT
Risky? If oil goes negative, contracts will not be honored and this creates problems as they have to roll futures contracts forward. They have tried to reconfigure the fund to become more long dated on their positions. You have to be careful of the exposures in ETFs like this one. He would avoid leveraged plays, because your timing has to be exactly right due to the underlying decay they have.
BUY ON WEAKNESS
A good entry? He has used it personally for food delivery, but does not own the stock. From a valuation perspective be careful here. A good story and good margin business. He would look for a better entry level.
TOP PICK
Robot factories and processes. On-shoring and building new plants will create good opportunities for them. They are quite undervalued to their peers and have a great cash flow profile. They have been involved in developing COVID-19 testing kits. Yield 0% (Analysts’ price target is $25.42)
TOP PICK
A growth name to add involved in monitoring supply chain activity. They are knocking it out the park with 20% sales growth annually and a large backlog of orders with good margins. Yield 0% (Analysts’ price target is $173.33)
TOP PICK
He likes this for their US dividend fund. They will benefit from the urgency to build labs to find a vaccine for COVID-19. An interesting market to be involved in. The space is very oligopolistic and the the company owns a 20% marketshare. Its balance sheet is under-levered he feels and a large amount of recurring revenue to replace lab components. Yield 0.79% (Analysts’ price target is $87.72)