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Today, Robert McWhirter commented about whether STC-T, SLF-T, KL-T, ITP-T, WSP-T, QSR-T, CJT-T, GRN-T, ACU-X, ACST-X, BDT-T, PYR-T, URL-X, XBC-T, CVX-X, TRZ-T, TD-T, UGE-X are stocks to buy or sell.

COMMENT
Year to date, 30 stocks are up more than 100% and another 90 stocks are up more than 40%. However, none of the big 5 have gone up by 100%. The 5 top stocks are up because of speculation from better margins, faster sales and earning growths and less debt. The market is probably stretched. The bond yields will probably go higher. Equities are technically overbought. Trading below the 50-day moving average would signal a correction of around 11%.
Unknown
COMMENT
The correction may last over 1-2 months, but stocks should rise over the course of the year. There is no other alternative because of low yields from bonds. Stocks offer a compelling argument against bonds or short-term money. Looking at price to earnings growth, the big names are still at reasonable levels.
Unknown
BUY
He has participated in two financing in the past month. Their focus is in solar locations on commercial buildings in NYC or in parking lots. The company has changed from just developing and selling the locations to operating them as well. It is a small company with small market cap, but their backlog is huge. Within two years, if all the projects materialize, they have 11 million dollars worth of high recurring revenue. Has good upside potential.
0
COMMENT
Toronto Dominion
Earnings expectations for the quarter is $1.19 which is a decline of 25% year over year. The banks have reported okay earnings in the recent quarters but there is uncertainty on mortgage default, lending to commercial real estate companies, etc. Overall, estimates have not been shaved a lot. The PE is reasonable based on 2020 earnings.
banks
SELL
Transat AT Inc.

It's currently in the midst of a potential merger with Air Canada. COVID has also decreased air travel significantly. Current cash positions will help the company weather the crisis. However, they will probably burn through their cash by the end of this year. There is also competition from private companies who can undersell them by up to 40%.

Transportation
BUY
There is probably still significant upside. They recently closed a contract of 4 million dollars. Their back log is around 82M. The company has very good opportunity, and NA governments are spending money on infrastructure. (Analysts’ price target is $1.20)
INDUSTRIAL PRODUCTS
BUY
Xebec Adsorption
The only company that takes gas off garbage dumps and separates the methane gas. There is recurring revenue with their service side business. They are planning on doing more acquisitions. Service is over 40% of the business. Competitors do not offer servicing usually. It is also big on hydrogen. He would be a buyer around $3.75 - $4.00.
INDUSTRIAL PRODUCTS
BUY ON WEAKNESS
They are in the midst of doing a financing. It is still very attractive. They have high recurring revenue and have added new products to their offerings. The new product has not seen as much uptick as expected. The price has probably drifted off because of the financing.
Technology
COMMENT
He participated in a financing when the stock was around .60c. There was a dramatic up-move in the past couple months. They make plasma torches. They have a patent for iron ore pelletization. Their customers are slow moving companies, so further orders may take a lot of time before they come in.
environmental
COMMENT
The overall yield is 5.8%. The dividend seems to be well covered. The earnings for last quarter were 33% higher than expected. The outlook for the company is pretty good. The acquisition could offer good synergy.
REAL ESTATE
COMMENT
Acasti Pharma

The krill oil lipid trial did not work as expected. The overall portfolio is quite attractive. Over the coming year, there may be opportunities. However, there are other opportunities in other companies like ATE, which he owns.

Consumer Products
BUY
They reported very strong results in recent quarters. They are introducing new software. Currently, there is an existing supply that does this by hand but their software will replace this. The opportunity for profitability is probably three times what they currently have.
electrical / electronic
COMMENT

A competitor to Xebec. They are expected to break even in 2021. He prefers Xebec. Both are bidding on books worth 1B.

Financial Services
PAST TOP PICK
Cargojet Inc

(A Top Pick Sep 30/19, Up 88%) The increased volume from e-commerce has been significant. Air Canada flying less also offers further opportunities for Cargojet. To deliver vaccines to other countries also will increase demand. There is further upside for the company.

Transportation & Environmental Services
PAST TOP PICK
(A Top Pick Sep 30/19, Down 22%) People are not going to restaurants because of coronavirus. He is very cautious with all stocks related to entertainment, including restaurants and shopping malls. There won't be a quick snap back in the restaurant sector.
food services