COMMENT
Why is this all coming out to light? What is the rationale? It is the frustration with the stock price. You have only gotten the dividend in the past decades. Rogers earnings were flat, guidance was muted, there is a frustration with the stock. Sold in 2020 since there were not enough changes quickly enough.
COMMENT
Owns CN Rail and is happy with the share price recovering lately. The play book has been to invest in railroads facing activist pressure. Feels that there will be big changes in CNR soon. CP is also good. Positive on railroads. Lots of upside potential in CNR.
COMMENT
Owns CN Rail and is happy with the share price recovering lately. The play book has been to invest in railroads facing activist pressure. Feels that there will be big changes in CNR soon. CP is also good. Positive on railroads. Lots of upside potential in CNR.
BUY
Has no real competition. It is the gold standard with relationships with the top artists, arenas and stadiums. Concerts are back. There is a multi-year backlog of these concerts. There may be set backs but it will come back, especially with vaccination passports. Still has runway.
WEAK BUY
The thesis is pretty simple. Everyone is shopping online. The more demand on online shopping, more demand on its infrastructure and labour. It is capital intensive. It can offset some of the costs since revenue tailwinds look strong. However, not his preferred way to play e-com play.
COMMENT
Has irreplaceable assets with electrification and there will be growing demand. Has to be bullish on companies that are supplying it. Has ambitious plans and they will raise stock. This is part of the game, however.
COMMENT
Were long time shareholders and were very happy. Exposure to Latin America were good growth areas but do not think it is positive still. Was one of the under-performers in the banking sector. Likes Canadian banks. Likes National Bank the most.
BUY
Companies that are in the private equity business. With no one making money on GICs, cash and bonds, institutional investors are looking to companies like this. The tailwinds are huge for them. Hitched their horse to BAM. Same for this.
COMMENT
Generalists are wary of investing in fossil fuels and energy stocks. SU and CNQ are the best run oil companies in NA. The problem with oil prices rising is that it will come down at one point.
HOLD
The stock has not gone anywhere. Gas stations make money on volume and margins. A bit of a rotation for now. Money has gone out of these names to oil and gas stocks. The death of gas stations is still very far. Should adapt well to the electric vehicle change.
DON'T BUY
It has hit a wall. Not sure what the issue is. A low margin business that is competitive. Were long term holders but sold it in 2018. Not a compounder anymore. Not sure what it will take to bring back this business. Prefers to stick to restaurants.
DON'T BUY
The valuations are out of sight. Snapchat was trading at 30x price to sales and now the stock is down 25%. Beyond Meat was also trading at high multiples and it collapsed. This scares him to buy high multiple stocks. Both are fantastic businesses but he is not ready to pay these multiples.
DON'T BUY
The valuations are out of sight. Snapchat was trading at 30x price to sales and now the stock is down 25%. Beyond Meat was also trading at high multiples and it collapsed. This scares him to buy high multiple stocks. Both are fantastic businesses but he is not ready to pay these multiples.
WAIT

SUCCESSFUL DEBUT FOR THE BITCOIN ETF

Successful debut for the Bitcoin ETF The ProShares Bitcoin Strategy "BITO" made its debut on Tuesday on Wall Street (New York Stock Exchange). This Exchange Traded Fund (ETF) allows investors to acquire shares, which can be bought or sold at any time. At the end of the day, the stock had closed up 4.95% at $41.98. The volume of trades was over $1 billion, placing it second overall, behind the BlackRock US Carbon Transition Readiness ETF, with $1.16 billion.

Note that BITO tracks Bitcoin futures contracts instead of Bitcoin itself. There are two reasons for this. The first being that it was easier to clear the ETF with the SEC as actual bitcoin was not involved in the ETF. The second is the ability to reach a wider target audience as they did not want their customer to go through the hassle of creating Bitcoin wallets.

The arrival of this fund has allowed Bitcoin to break its record in recent days, with a new high reached at $67,000, followed by a sharp correction to $60,000 today.

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock was upgraded to outperform this week by an analyst at Scotiabank. Price target by another analyst at TD was cut from $56 from $57. The stock has popped 10% following the upgrades. Unlock Premium - Try 5i Free