HOLD

Quality company that is very safe. Dividend is excellent with strong assets and management. Would recommend holding for yield oriented investors. 

BUY ON WEAKNESS

Does not own shares due to market cap size (prefers mid call names). Overall, is a high quality company. Assets are very valuable as it is very hard to replicate. National recognition that Canada needs new pipelines for energy security. Very strong dividend yield that is safe. 

BUY

Owns shares in company. Founder led with very strong management team. Recent share price weakness created a buying opportunity. Discounted relative to peers. Good alternative to Canadian bank stocks. Would recommend holding for the long term. 

BUY ON WEAKNESS

Owns shares personally. Excellent company with very strong management team. Very good assets with safe dividend. Capital discipline within the sector has been very strong. 

BUY ON WEAKNESS

Company based on effective management of auto fleets for corporate accounts. New apps and technology is allowing for better management of business. Recent share price strength good for long term investors - but would wait to buy on weakness. Overall a strong business. 

HOLD

Would recommend holding for the long term. Good dividend yield. 

DON'T BUY

Hard business to value. Not a good option for investors. Better for investors to avoid. 

DON'T BUY

Would wait before buying. Recent announcement of company under strategic review sale process was not successful. Old CEO returning, but not too optimistic. Better options for investors in the markets. 

DON'T BUY

Does not find business attractive. Airline business very hard - high capital requirements with low margins. Would look elsewhere in the markets. 

BUY

Excellent business that has owned for over a decade. Ability to allocate capital very good. Excellent management team that has been able to allocate capital well. Ability to generate cash flow very good. Share price appreciation spectacular.  Will continue to own for the long term. 

BUY

Believes dividend is safe. Strong business with good capital discipline. Royalty business capital light. Under valued business. 

BUY ON WEAKNESS
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

Other than its high debt, we think the outlook is decent here, with good growth expected. Q4 results were strong, but 2025 guidance was messy, and this could continue to weigh on shares. There are also some f/x and power headwinds. Overall, though, we think there is decent potential here for growth. We do have a harder time getting over the very high valuation of 33X cash flow. This leaves little room for errors/mistakes and thus leave us a bit less enamoured. 
Unlock Premium - Try 5i Free

PARTIAL BUY
Stockchase Insights Stockchase Insights on 5i Research 19/02/2025 at 08:45pm GLOBAL EQUITIES unlockUnlockRating Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

ZTS looks 'decent' with good growth expected still and a reasonable valuation. Sales and earnings are expected to show growth over the next two years. We think it is buyable and would prefer it to the much smaller and riskier PAHC. 
Unlock Premium - Try 5i Free

BUY ON WEAKNESS
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

EPS of 14c beat estimates of 11c; revenue of $332M beat estimates of $325M. EBITDA of $62.9M crushed estimates of $42M. Revenue did fall 4.4%. International revenue was very strong, up 39%. Margins rose 2.4 points. It was a good quarter, and few were expecting much. The acquisition of Alani Nu makes sense. It is a big purchase, but it consolidates market share, adds more exposure to the women's market, and will be accretive in its first year. A mix of stock and cash, it should add to long term growth and strengthen CELH's overall position within the sector. The big move today will scare some of the short sellers (26%). We think the bottom has likely been seen now here with the stock and it will likely work its way up higher over time. We would be less inclinded to chase this in today's frenzy, however. 
Unlock Premium - Try 5i Free

COMMENT
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

Behavioral Finance: Anchoring Bias

The anchoring bias is when an investor uses their information from a previous experience with a stock as a reference point for any future data. An example of this is if an investor had the opportunity to buy Stock A at $100 one year ago but did not act upon it and currently the stock price is $300. That investor, now seeing that the price has tripled, may only wish to buy Stock A close to a price of $100, as that is when they first could have bought it. The investor might feel that a share price of $300 is too expensive and that the stock price should come down to $100, however, the investors’ previous experiences are irrelevant to the share price as the company has likely continued to grow and generate revenue and become a more profitable and valuable company.
Unlock Premium - Try 5i Free