Stockchase Recent Top Picks RSS Recent Top Picks by Experts http://www.stockchase.com/ en DHX Media <p>One of the largest children&rsquo;s content owners.&nbsp; They get paid every single time a child watches a show.&nbsp; They have a significant YouTube strategy.</p> http://www.stockchase.com/opinions/view/161702 Fri, 29 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161702 Cardinal Energy Ltd <p>Good sensitivity to oil without the financial leverage.&nbsp; Decline rates are low.&nbsp;</p> http://www.stockchase.com/opinions/view/161701 Fri, 29 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161701 Birchcliff Energy Ltd. <p>They did an asset acquisition off ECA-T.&nbsp; They de-levered their balance sheet.&nbsp; They diluted a major shareholder.&nbsp; They extended their inventory by many years.&nbsp; He estimates it is trading at a PE of 6 and should get re-rated to 7.</p> http://www.stockchase.com/opinions/view/161700 Fri, 29 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161700 Enbridge Income Fund Holdings <p>He sees a 9% EPS growth from Enbridge (ENB-T) drop downs over the next couple of years, and a 10% annual dividend growth each and every year for the next couple of years. This is cheap relative to its peers. Maybe you don&rsquo;t want to Buy it here. If so, you can sell a Put to end up owning it at a lower price. Dividend yield of 5.85%.</p> http://www.stockchase.com/opinions/view/161695 Thu, 28 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161695 Royal Bank <p>As a group, banks are cheap relative to the TSX. We have likely seen the highest water mark in terms of energy fears. This had solid performance in Canadian banking and wealth, and have the best earnings power. They are not going to grow much this year, but over the next couple of years he predicts some pretty good growth. Dividend yield of 4.06%.</p> http://www.stockchase.com/opinions/view/161694 Thu, 28 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161694 Magna Int'l. (A) <p>The industry is slowing, and this company is aware of that. There was concern with Ford (F-N) today, but the PEs in the whole space are at a 20-year low. For this to make sense, he has to see EPS contract by 30%-40%, so they are cheap. 79% sales growth and 18% EPS over the next couple of years, and a very cheap multiple with a great balance sheet for accretive M&amp;A, for buybacks or possible dividend growth. They are only about 1% exposed to the UK, but 27% Europe. Dividend yield of 2.63%.</p> http://www.stockchase.com/opinions/view/161693 Thu, 28 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161693 CVS Health Corp <p>It made a transition over the last 10 years to pharmacy benefits.&nbsp; It pulled back and only trades at 15 times earnings.&nbsp; It has great growth potential if you consider the aging demographics.&nbsp; A strong labour market means more people are spending more on healthcare.</p> http://www.stockchase.com/opinions/view/161653 Thu, 28 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161653 Brookfield Asset Management (A) <p>Exposure to several downstream entities.&nbsp; Good exposure to inflation protected cash flows.&nbsp; The fee income from their assets is increasing.&nbsp; This should cause the stock to get re-rated and move higher.&nbsp; There is significant upside in the next 12 months.</p> http://www.stockchase.com/opinions/view/161652 Thu, 28 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161652 Live Nation Entertainment Inc. <p>30% market share of the global concert industry.&nbsp; They make acquisitions and are increasing their penetration with secondary ticket sales.&nbsp; Good long term growth potential.</p> http://www.stockchase.com/opinions/view/161651 Thu, 28 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161651 Sleep Country Canada Holdings <p>They are going to continue to build out more stores across the country and get saturation numbers a lot lower, as far as the people per store they have. At the same time they keep increasing the number of dollars that people spend. People not only buy mattresses, but also buy other things such as fancy pillows, etc. Have had 11 quarters of fantastic growth. Dividend yield of 1.93%.</p> http://www.stockchase.com/opinions/view/161632 Wed, 27 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161632 Pacific Insight Electronics <p>In the auto components business, and manufactures LED lighting systems and some different components of gauges, as well as some wire harnessing. One of their big customers is Ford (F-N). Stock has been growing fantastically on an earnings basis, and is super cheap, trading at about 8X earnings, and have been growing their earnings by about 25% per year. CEO is talking about some expansion into new areas such as electric vehicles.</p> http://www.stockchase.com/opinions/view/161631 Wed, 27 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161631 Just Energy Group <p>This does energy services and energy marketing, so they are a reseller of different products such as natural gas. Now they&rsquo;ve just gotten into solar. Have done test marketing both in California and New York, which has gone well, so they are going to start to roll it out across the country. They are also starting to take their existing traditional services over into Europe. The company is on a bit of a growth path, and he thinks you could start to see the earnings accelerate. Trading at a fairly reasonable valuation. Dividend yield of 6.21%.</p> http://www.stockchase.com/opinions/view/161630 Wed, 27 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161630 Altagas Ltd <p>This is really good at driving little projects such as power, energy processing, etc. There are lots of investing they will be able to do, but are just not announcing it right now. 6% dividend yield.</p> http://www.stockchase.com/opinions/view/161600 Wed, 27 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161600 Vermilion Energy Inc <p>This is a really good company. It is in Canada, Europe and Australia, and it has oil/gas in different places. The one knock against it is that in January it had too much debt. However, if commodities are recovering, that is not a problem.</p> http://www.stockchase.com/opinions/view/161599 Wed, 27 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161599 Rio Tinto <p>Bulk commodities, base metals and over a 6% yield. Thinks we are actually in the bottoming stage now. It will be slightly better a year from now. The news in China for the time being is better.</p> http://www.stockchase.com/opinions/view/161598 Wed, 27 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161598 Torex Gold Resources <p>A new emerging gold producer in Mexico. Trading at 7X cash flow and 1.1X NAV. Those are bottom end of the range multiples, and he expects that to re-rate as they develop their mine, which is ramping up right now.</p> http://www.stockchase.com/opinions/view/161574 Tue, 26 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161574 Kirkland Lake Gold <p>A producer in Northern Ontario with 320,000 ounces a year. They just bought St. Andrews Goldfields, a company that was perpetually starved for capital. They are just digesting those assets now, and thinks they are going to come out with greater financial resources and balance sheet. He also likes the main assets in the Macassa mine, which has grade that goes up as they dig deeper. Over the next 2 years you are going to see the head grades go from 15 g a ton to 18 g a ton. As grades go up, all things being equal, the cash flows going to go up. He sees cash flow expanding by about 15%. Have just had a sudden CEO departure. Rumours are that there was a rift between the CEO and the Board as far as M&amp;A and strategic direction. That has worried a lot of investors which has really weighed on the shares.</p> http://www.stockchase.com/opinions/view/161573 Tue, 26 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161573 Detour Gold <p>You really have to look at the free cash flow growth. $150 million this year, and is going to grow to $350 million over the next few years. Has an 8% free cash flow yield, and you don&rsquo;t find names with that kind of free cash flow yield very often. It has assets that are large and desirable for majors, which he thinks is what is ultimately going to happen. It also has good exploration potential. Trades at 1X NAV versus its comps at 5X NAV.</p> http://www.stockchase.com/opinions/view/161572 Tue, 26 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161572 ZCL Composites Inc. <p>Manufactures fiberglass reinforced plastics used in storage tanks underneath gas stations. Most of the existing ones are concrete or steel, which requires a lot of maintenance, whereas fiberglass lasts a lot longer. There is not much competition as well as a high barrier to entry. This has a good long runway. Dividend yield of 3.56%.</p> http://www.stockchase.com/opinions/view/161549 Tue, 26 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161549 Hardwoods Distribution <p>One of the largest distributors of lumber in North America, mainly higher grade lumber. Hardwood is in cabinets, high-end flooring, etc., so it is really benefiting from the strong US housing industry. Looking at the retail sales of consumer reports, home furnishings and renovations are the strongest subsectors in consumer behaviour. Thinks they sell 75% of their product to the US, so as the Cdn$ depreciates, this company will do well. Dividend yield of 1.22%.</p> http://www.stockchase.com/opinions/view/161548 Tue, 26 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161548 Clearwater Seafoods Inc. <p>Supply just can&rsquo;t keep up with demand for seafood, which is why it is selling around 35% of its product to Asia and another 35% to Europe. A well diversified customer base. It recently acquired a company in Scotland, a very strong accretive acquisition. Dividend yield of 1.4%.</p> http://www.stockchase.com/opinions/view/161547 Tue, 26 Jul 2016 00:00:00 -0400 http://www.stockchase.com/opinions/view/161547