Assess before you invest!

Now is Not the Time to Panic

Today is March 16, 2020 and it feels like the end of the world as we know it. Markets continue dropping with uncertainty surrounding the spread of COVID-19 and economic policies to help curtail a potential looming recession. The market correction we are witnessing is happening at faster paces than we have seen before. This isn’t a time to let panic set in.

Continue Reading

Top Picks 2020 Recap

2019 is set to close with one more trading day, opening up predictions for 2020. For 2020, I’m taking a more conservative outlook as the market is near all time highs. Here are a few companies I think may perform well in 2020.

Continue Reading

Flyht Aerospace Solutions – The Future in Flight Saftey

I’ve been a holder of Flyht Aerospace Solutions for some time but until recent I haven’t been bullish on the stock. After coming off highs of $2.70 a few years ago the stock dropped below $1.00 and since recovered to $1.72. The company reported earnings Wednesday which saw revenue increase across segments and net income of $1,037,326.

Lets take a closer look at the company.

Continue Reading

Looking for Income? BCE Preferred Ab Shares

If you are afraid of a market correction and looking for safer alternatives to park some cash, consider preferred shares. Preferred shares trade on the market indexes like stocks but their main attraction is bond like payouts in the form of dividends. Depending on the preferred share chosen, the dividend can be paid out quarterly or monthly, and will feature either a fixed rate or floating rate dividend.

Let’s take a look at BCE preferred Ab shares, currently trading on the TSX for $15.03. This preferred share features a monthly floating rate dividend of $0.08229/share. This equates into a yield of 6.57% on an annualized basis. Given the fact bond yields have been decreasing due to low interest environments these preferred shares can provide a good alternative to yield investments – while providing safety and capital gains.

Before you invest in preferred shares, here are some things you should know:

Continue Reading

Linamar Reaches New Lows

Shares of Linamar touched below $38.00 in trading Friday after reporting earnings a day earlier. During the quarter the company posted EPS of $2.40, down from $2.93 a year ago. Sales came in lower at 2.086 billion compared to 2.157 billion. Linamar operates in a cyclical industry where manufacturing slow down can play a significant role in sales and earnings. Let’s not all hit the sell button just yet.

Continue Reading

West Jet back on Radar

West Jet released disappointing earnings on October 30, 2018, posting net earnings of only $0.40 per diluted share during the quarter compared to $1.15 per share in last years quarter. This sent the stock dropping from over $20 to under $18. Today the stock can be purchased for $18.60 and further improving conditions could see the stock move higher.

Continue Reading

Canada Goose – Buy the Growth or Short Fundamentals?

Canada Goose (GOOS-T) has been a hidden apparel gem these past few years for investors while other apparel companies have been pressured. Yesterday’s earnings announcement confirmed why investors love this stock: increased revenue, increased net earnings, and increased margins year over year. The company has an established consumer base that is willing to spend for a premium style product.

Upon the earnings release the company quickly opened up and gained more than 21% from the previous days trading price, hitting a new 52-week high of $95.58. How ever these gains would eventually pull back and see the company close up only 9.82% at $85.09 a share.

Continue Reading

Hidden Dividend Stock: High Liner

If you’re a fan of dividend paying stocks consider looking at High Liner Foods (HLF-T). Over the past 52 weeks the stock has traded at a high of $21.60 and low of $12.80. Today the shares can be picked up for $13.41.

Continue Reading

Painted Pony Energy

Shares of Painted Pony Energy Ltd (PONY:CA) have started to rise in recent weeks since hitting a 52-week low of $2.55 in late October. The company whose primary business involves the development and production of petroleum and natural gas resources in Western Canada has been out of favor with investors for quite some time. Less than 3 years ago, the shares were worth over $12.00 a share. Today the shares can be picked up for a bargain at just over $3.00.

Continue Reading

Is Scientific Games taking on too much Debt?

Scientific Games (SGMS) is trading near 52 week highs and in the last 5 trading sessions has traded as high as $43.90. Much of the company growth has occurred through leveraged buy outs in a hope to gain market dominance in the gaming industry. Some of these acquisitions include Williams Gaming (WMS), Bally Technologies (BYI), and newly announced NYX Gaming (NYX:CA).

Continue Reading