- Page 3/3
- Next Page
He always says own this, don't trade it. Shares high new highs yet again today. One analyst just said that a critical piece of information revealed at Monday's developers' conference was that Apple's AI will function--backward compatible--with the iPhone 15 Pro, which means it could lead to a much-needed iPhone upgrade cycle.
CSU is a “one of a kind” software company as the company did not pump up its AI theme compared to other Saas businesses. CSU grew through small acquisitions, while most public Saas grew by acquiring customers through marketing spending. CSU has no stock-based comp (SBC), while most large public SAAs have a large SBC as a component of their cost structure. CSU is unique, and what determines the share price performance is fundamentals. AI could make CSU’s offerings become more efficient, adding value to its customers, and therefore, making price increases easier, but it has never been the core selling point of this vertical market software.
Unlock Premium - Try 5i Free
With the BoC beginning to cut interest rates, we would be comfortable buying BN here given its strong and capable management team, good recent momentum, and high expectations for forward growth.
Unlock Premium - Try 5i Free
The momentum is highly negative, however, we like FIVE at an 18x to 20x forward earnings valuation range. At current levels of 22.5x forward earnings, FIVE is very close to this range and below historical levels. We are hesitant to add more here, but the stock could be bottoming and there is future value if FIVE can execute its plan.
Unlock Premium - Try 5i Free
Company Highlight: Loblaws Companies Limited (L):
Loblaws (L) is the largest Canadian food retailer, and some of its notable brands include President’s Choice, No Name, and Joe Fresh. The company operates supermarkets, drug stores, liquor stores, and clothing stores. It has two reportable operating segments, its retail and financial services business lines. Its retail segment includes corporate and franchise-owned retail food and associate-owned drug stores, and includes in-store pharmacies, health care services, other health and beauty products, and apparel. Its financial services segment provides credit card and everyday banking services, insurance brokerage services, and other. Management has been repurchasing shares at a fairly aggressive pace, indicating that management believes shares are undervalued.
Unlock Premium - Try 5i Free
Usually a stock pulls back right after splitting, but this didn't happen on Monday. Instead, owners held on while those who couldn't afford NVDA shares before entered. Demand has actually risen. Fitzgerald targets $200. He agrees there's more room to run.