STOCKCHASE

Have done a great job of turning itself around. It's a high-end product. All of these consumer names have been on a real tear in the last couple of years and doesn't feel they are cheap. If you want a global franchise in this kind of industry, he would look at McDonalds (MCD-N) but it's expensive right now so wouldn't necessarily buy it today. You could also look at Yum! Brands (YUM-N).

2012-01-09

HOLD

39.900

Classic case of a great company with growth in a market where there is very little growth. Multiples (27X this year's earnings and 23X next year's) are too high for him.

2011-09-21

DON'T BUY

38.420

Always seemed expensive to him. Great growth prospects but a little rich on the multiple side.

2011-08-15

HOLD

39.490

Don Vialoux

Just came out with some phenomenal numbers, which really helped the stock. Chart shows a good long upward trend.

2011-06-30

TOP PICK

39.250

Consumer stocks are behaving relatively well. Went through a restructuring. Cut out unprofitable stores so margins are going up. Great branding and doing well in Asia and middle east. Now selling instant coffee and single serving coffee. Price of coffee coming down but thinks they wont cut their prices. Affordable luxury item. Have gone through consolidation and will move higher with the group.

2011-06-28

PAST TOP PICK

35.090

Stan Wong

(Top Pick Feb 4/10, Up 63.75) It was a great deal they made with the single serve company. Double digit growth, plus growth of dividends over the next few years. 17% bottom line growth rate

2011-03-17

TOP PICK

31.910

Mike Lyons CA, CFA

This is an example of the kind of stock that he is willing to ride a lot longer and to much higher multiples if he believes management is outstanding. Executing extremely well on many fronts. Fully funding all their expansion and the institution of a dividend. If you feel there will be a market correction, you might want wait.

2011-02-24

TOP PICK

27.930

Brett Hryb

Relatively stable store growth in North America but the big growth is Europe, Asia, China and India. Launching a new product, single serve coffee, for the home, which has great potential.

2010-06-15

BUY on WEAKNESS

26.220

Suffered greatly when the US economy melted. People are starting to go back. Also the company has learned from this and adjusted their pricing. Has had a good run so not sure he would buy it here.

2010-05-05

BUY

24.270

Really likes the restaurant sector. This one has been very successful in restructuring. Have been beating estimates substantially. Just announced they're going to start paying a dividend, which is a smart move.

2010-03-31

TOP PICK

21.810

Stan Wong

World-class name. 16,000 locations globally. Have been doing very good cost cutting lately. 4 straight quarters of positive earnings surprises. Long-term growth rate of 16%. Likes the consumer discretionary space, which is where the growth is now. Trading at a forward PE of 20X’s versus its 5 year average of 30.

2010-02-04

SELL

20.090

Gordon Reid

(Market Call Minute) It’s too expensive.

2009-09-09

BUY

14.120

Have restructured and taken a bunch of costs and rationalized the business. Prefers over Tim Horton's (THI-T).

2009-06-15

BUY

12.940

(Market Call Minute.) You buy this one for restructuring. Costs came down more this quarter than expected and same-store comparables went down less than expected. Stock could probably move higher.

2009-05-15

DON'T BUY

12.940

Ara Nalbandian

An early turnaround story. Aggressively cutting costs. Although they are ahead of schedule, there is limited upside and he would like to see the same store sales growth number turnaround.

2009-05-15

DON'T BUY

11.490

Great company but unfortunately they may have hit the wall in their growth a couple of years ago. Premium product at a premium price and combined with the economic downturn put a huge crimp in their growth plans.

2009-04-08

SELL

9.220

Gordon Reid

Was a traditional growth company trading at high multiples and then the wheels fell off. They are in a difficult position right now with a premium product where people are questioning how much they buy and what they pay.

2009-03-11

DON'T BUY

15.060

Pat Naccarato

(Market Call Minute.) A company that has come down a long way but not quite there yet. Getting more attractive.

2008-09-10

DON'T BUY

15.180

Was a great bull economy stock. When things turned down, people stopped paying the premium for their coffee. Over expanded.

2008-09-05

DON'T BUY

16.840

Bob Stodgell

Have expanded aggressively the last few years. There is a trend towards other products. Getting a lot of competition. Think they have some hard decisions to make.

2008-05-20

SELL

15.950

Paul Thornton

Suffered a giant decline from $40. You would think the decline was over, but he sees some things on the fundamental side that concerns him. He would be a seller despite the large decline. Concerned there will be more downside.

2008-05-07

SELL

18.280

(Market Call Minute.) When a growth stock is broken, it can take a long time to get going again.

2008-04-18

BUY

17.830

Paul Harris, CFA

At these levels it's a good buy. Management has been changed. Looking to grow their stores at a slightly slower pace. Still have lots of potential for international expansion.

2008-02-21

SELL

18.150

Andrew Guy, CFA

(Market Call Minute.) It will be a while before it grows into its current valuation.

2008-02-06

SELL

18.510

Paul Gardner, CFA

(Market Call Minute.) Valuation is still too high. They need to cut down their non-performance stores.

2008-02-05

TOP PICK

18.910

Mike Lyons CA, CFA

Thinks really painful markets when combined by a stumble can create really attractive entry points. 1.5X sales and 20X earnings are multiples that he is comfortable with. Great growth prospects ahead of them. More international potential.

2008-01-31

HOLD

19.050

Brian Acker, CA

(Market Call Minute.) A weak Hold. His model price is $20.12, a 4% positive differential. If they screw this one up, look for it back at $12.64.

2008-01-17

BUY

23.390

Pat Naccarato

Stock has come off quite hard and there is value now on a Price/Cash Flow basis. Generates a lot of free cash flow. Growing very rapidly.

2007-11-30

DON'T BUY

23.990

Bill Carrigan

This is in a long downtrend and you just don't argue with down trends.

2007-11-13

DON'T BUY

22.570

Stock had a huge run over the long run and in more recent times, has started coming off. The growth they were showing was unsustainable and the valuation was very high. Going into a weaker economy, they are vulnerable to their cheaper competition.

2007-11-09

DON'T BUY

26.520

Have been struggling. Going through a transition from just selling coffee to having a lot more products in their stores. Still trading at a pretty lofty multiple of a round 30X present earnings.

2007-10-04

BUY

27.370

Has moved into selling food goods as well as coffee, which have lowered margins. Because of growth expectations, it had been one of the high P/E stocks. Good price.

2007-08-27

BUY

26.680

Going through a transition where they are getting more food products and merchandise in their stores. This has lowered their margins a little bit. Still growing their stores pretty handsomely. Good price.

2007-07-31

WAIT

26.500

A great franchise. Unfortunately, its valuation got way out of whack. Much better value and now and same store sales has improved. Would wait until it stops going down. Low to mid $20 would be a good entry point.

2007-07-18

BUY

26.450

Paul Harris, CFA

At these levels is very interesting. Lots of international growth available for them. Very good brand name.

2007-06-28

DON'T BUY

26.260

Brian Acker, CA

The model price is $21.05 giving it a negative 22% differential. Expect the bottom will be around the $25 area. Consider buying at around $24.96.

2007-06-21

SELL

28.890

Jeff Parent B. Eng. FCSI

The support level of approximately $29 was broken and has dropped to the $28 level. What is significant is that it is dropping past all support levels. Consider it as a weak sell.

2007-05-23

DON'T BUY

28.950

Hitting a 52-week low and is starting to be better value, but would never consider this stock as a value one. Great franchise and good prospects but may be overextending themselves.

2007-05-18

BUY

28.200

There is no uptick in the earnings estimates. Trading at a premium to it's multiple. No catalyst in the short run to make it run higher.

2007-05-16

Comment

30.180

Has always been an expensive stock on a price to earnings multiple, because their growth rate has been so spectacular. Would never underestimate this company.

2007-05-08

Comment

31.050

John Manley

Showing a lot of support in the $29.30 area. The relative strength versus the overall markets on a weekly and daily basis is still quite weak. If it broke through the trend line you could enter a short-term trade and then trail yourself up as it moves higher, but wouldn't risk more than $1.

2007-04-16

DON'T BUY

31.950

Gavin Graham

Has dropped quite a bit in the last year. If consumer spending is tightening up, there may be further weakness. Have big expansion plans, but they may be over marketing and ending up cannibalizing their other stores.

2007-03-26

BUY

30.580

Paul Harris, CFA

Stock has fallen and is trading at its lowest multiple. Although it trades at a slight premium in its sector, it has the highest ROE, better margins and better EPS growth. They have the ability to become international. They'll probably meet their earnings target and will grow.

2007-03-16

BUY on WEAKNESS

35.250

Steve MacMillan

A great business because the way they have it set up. Penetration that they can get in cities is quite large, so expansion opportunities allow them to double their store base. Looking to expand internationally. Would prefer to buy in the low $30’s.

2007-01-03

BUY

38.480

Trades at too high a multiple for him. Executing brilliantly. Same store sales continue to be strong.

2006-11-14

SELL

29.960

Bruce Campbell

Same store sales are down. With the economy, expect their expensive coffees to sell less.

2006-08-10

DON'T BUY

31.140

James Cole, BA, CFA

It’s at 50 X earnings which is difficult to justify.

2006-01-17

DON'T BUY

31.130

Bill Carrigan

Looking at a long-term chart, the beginning of 2005 could be an Elliot third wave, which would indicate a consolidation. You are near the end of a move and it could be dangerous.

2005-11-28

HOLD

29.500

Sales went up 10% and they split their stock 2 for 1. They seem to have a winning formula and it seems to be exportable to other countries. Wouldn't bet against them. Not buying any US stocks at the moment.

2005-11-08

BUY on WEAKNESS

49.030

Brad Willock

A great company. The stock has been flat for a good long while. Coffee prices have been rising. Would buy on weakness.

2005-08-31

DON'T BUY

47.510

A terrific company. Big believer in it, except it is not a great stock. Has a good product, good concept and good management. A bad stock because it is trading at 50 X earnings.

2005-04-11

TOP PICK

47.220

Craig Blum

Both a growth and international story. Market is growing.

2004-10-01

DON'T BUY

45.030

John Sinkins, CFA

Has outperformed the general market. Take some money off the table if you own. You can only open so many stores and create so many items before your revenues start to slow. Raising their prices 4/5% in the US.

2004-09-13

DON'T BUY

43.700

Larry Berman CFA, CMT, CTA

Was surprised at how strong this company has been. The trend has had an amazing staying power. Valuation is too high for them.

2004-08-17

DON'T BUY

38.050

Matt Barasch

Priced quite high at this point. A great innovator. Expects their successful international growth story will continue.

2004-02-19

DON'T BUY

23.630

Has had a great trend. Cyclical. Running into some technical blocks. Would like it below $20.

2002-07-08

DON'T BUY

22.410

John Sinkins, CFA

Has grown fast because of tech money moving in as a haven. Very expensive and can drop when money moves back out.

2002-05-09

DON'T BUY

39.730

Noah Blackstein, B.A., CFA

Likes a lot. Great franchise, smart mngmnt. Prefers buying at $30

2001-04-25

HOLD

39.900