COMMENT
Believes markets will have soft landing after turbulent months. Low unemployment levels, high savings levels, strong currency & relatively low interest rates will carry economy. Supply chain issues will normalize soon. Bullish on the markets and many quality companies available for good prices. Bulk of portfolio is diversified to protect against turbulence.
Unknown
TOP PICK
Transformative acquisition last year made them largest player in sector. Record backlog of orders. Management suggesting record financial results for the coming year. Stock price down 30% is presenting excellent price to buy. Aging population providing tailwinds on business model.
other services
TOP PICK
Recent price drop has presented good buying opportunity 25% share of the Canadian vitamin and supplement market. Growing international sales with the help of other companies such as Costco. Large acquisition announced last week will provide entry point into the US market. EPS significantly rising (20x ) at the moment.
0
TOP PICK
One of Canada's fastest growing renewable companies (wind, solar & hydro). Last week announced major contract with NY State (5 solar farms), will increase capacity 20%. One of only two Canadian renewable companies with presence in Europe. Valuations down which is creating buying opportunity.
electrical utilities
PAST TOP PICK
(A Top Pick Jun 23/21, Up 4%) Has held stock for 15 years. Large dividend increases and 400% return for holding period. Well managed company with solid balance sheet. Growing organically and through M&A. Trading at 40% discount to intrinsic value.
investment companies / funds
PAST TOP PICK
(A Top Pick Jun 23/21, Down 71%) Fastest growing health technology provider. Sector had been hit very hard with market selloff. Recently signed large contract with Sunlife. Process integrating large number of acquisitions. Recent CEO, Chairman and management resignations is cause for concern.
Healthcare
PAST TOP PICK
(A Top Pick Jun 23/21, Down 17%) Core position of portfolio. Is very defensive position. Most sales recurring (railway ties etc.). Residential lumber business continues to grow even after the pandemic boom (people renovating homes etc.). Returning capital to shareholders through dividend increases and share buybacks. Share prices very low and presenting good buying opportunity.
misc industrial products