November 24, 2020
This week, back by popular demand we put together another Case For, Case Against segment. In the line of fire is Ballard Power Systems Inc. (BLDP: TSX), which designs, develops, manufactures, and sells proton exchange membrane fuel cell products. Ballard’s zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, passenger cars and forklift trucks. We argue both sides of the BUY/SELL argument for the stock.
In our Your Stock, Our Take we take a listener question on Element Fleet Management Corp. (EFN: TSX), a global fleet management company, providing world-class services and financings for commercial vehicle and equipment fleets. We investigate how the business is holding up during the pandemic lockdown.
Our Star of the Week is Mogo Inc. (MOGO: TSX), a Canadian based fintech company which offers a finance app that provides a number of solutions for managing and monitoring your financial health. The stock is up 30% over the past 5 trading days, we let you know why.
November 12, 2020
This week, we start by looking at what we are calling the “normalcy trade”, sparked in part by positive vaccine news and what appears to be a Joe Biden presidency. While returning to the old normal can sound great, for the stock market it may be a case of “be careful what you wish for”.
In this week’s Your Stock, Our Take segment, we take a look at two companies. The first, Pfizer Inc. (PFE:NYSE), is certainly in the eye of the storm this week after it announced positive initial results for its COVID-19 vaccine. We let you know the current valuations on Pfizer and the potential impact moving forward.
Our second Your Stock, Our Take is on Richards Packaging (RPI.UN:TSX) which has found a perfect storm during the pandemic driving record earnings and pushing its share price to all time highs. We examine the growth and comment on the sustainability.
November 3, 2020
This week, on the precipice of a historic U.S. election I will start with a brief commentary on making portfolio decisions based on election outcomes.
Back by popular demand we have decided to make our new Case For, Case Against segment a permanent fixture. Our head of income research, Mr. Aaron Dunn will make his highly anticipated first argument facing off against Brennan. In the line of fire is Apple Inc. (AAPL: NASDAQ), the iPhone company which should need no introduction. While the stock sold off this week after its quarterly results included a lack of forward guidance, the consumer tech giant is up 47% this year. We argue both sides of the BUY/SELL argument for the stock.
With a hat tip to Movember and men’s cancer prevention and treatment, this week’s Your Stock, Our Take was sent in from a listener on Profound Medical Corp. (PRN: TSX), a medical technology company developing medical treatments with its core technology used to ablate the prostate gland. We let you know if the share price gains are justifiable based on the underlying cash flow at present.
October 27, 2020
This week, after incredibly positive feedback for our new Case For, Case Against segment we are making it a return engagement. This week, I will face off against Brennan in an epic rematch. In the line fire is, WELL Health Technologies Corp. (WELL:TSX), who’s mission is to modernize the Canadian healthcare industry by digitizing it. The stock has been on fire in 2020 and just completed an $80 million financing to continue its growth-by-acquisition strategy. We argue both sides of the BUY/SELL argument for the stock. This week’s Your Stock, Our Take was sent in from a listener on Superior Plus Corp. (SPB:TSX), which distributes retail and wholesale propane, natural gas, and liquid fuels to Canada and the U.S. as well as specialty chemicals, primarily sodium chlorate to the pulp and paper industry. Finally, our Star of the Week Pinterest Inc. (PINS: NYSE), one of the worlds largest picture sharing apps, and Brennan’s favourite way to spend a Saturday night. Pinterest has more than 400 million monthly users. The stock was up 14% over the last week, 32% over the last month and 186% since the start of the year. We let you know if it can continue.
October 20, 2020
This week, we debut a new segment pitting 2 KeyStone analysts against each other in a rapid-fire “Case For and Case Against” an individual stock. Our third analyst will act as judge, jury, and executioner to pick the winning argument. In the line of fire this week is Cannabis giant, Canopy Growth Corporation (WEED:TSX). This week’s Your Stock, Our Take was sent in from a listener on Constellation Software Inc. (CSU: TSX), a great Canadian success story and capital compounder which manages and builds industry specific software. Finally, our Star of the Week is VitalHub Corp. (VHI:TSX-V), which develops mobile healthcare solutions that allow clinicians to access information about patients. The stock is up over 20% in the last 5 days and 90% in the last three months. We let you know if it can continue.
October 14, 2020
This week we kick off with a brief discussion on SPACs. With everyone from hedge fund manager Bill Ackman and Oakland Athletics general manger Billy Beane to former Trump economic adviser Gary Cohn, former U.S. House Speaker Paul Ryan and LinkedIn co-founder Reid Hoffman, backing SPACs. And, Virgin Galactic, DraftKings and Nikola Motor Co. all going public through a SPAC. The SPAC has come mainstream. We let you know what they are and if they are a unique opportunity.
Our first Your Stock, Our Take is on Netflix Inc. (NFLX: NASDAQ), the largest video streaming company in the world. A listener asks us how the shutdown, with more people staying at home and watching video, has impacted Netflix and whether we would buy the company at the current price?
Our second Your Stock Our Take was sent in from a listener on ParkLawn Corp. (PLC: TSX), one of the largest providers of deathcare products and services in North America with operations in 5 Canadian provinces and 15 U.S. states. The listener notes ParkLawn has continued to make acquisitions during the pandemic and whether it is a long-term growth opportunity.
October 6, 2020
This week in our Your Stock, Our Take segment we start by taking a listener question on The Joint Corp. (JYNT:NASDAQ), a franchisor of clinics and an operator of clinics in certain U.S. states. While still a small-cap, the company has more than 550 locations nationwide and over seven million patient visits annually, making The Joint Chiropractic a key leader in the U.S. chiropractic industry. Hit by the global shutdown, the business has a track record of growth and its stock continues to perform well. We take a dive into current valuations and see if the growth can continue.
Our second Stock pick is Converge Technology Solutions (CTS: TSX-V), a Hybrid IT solution provider (ITSP) with operations in the United States and Canada focused on delivering high quality hardware, software, and managed services solutions to corporate and government institutions. A listener asks us our take on the stock.
Finally, our Star of the Week is SolarEdge Technologies (SEDG: NASDAQ), a stock which entered our coverage at BUY when the stock traded at $107 just 5-months ago and today has jumped 148% to close today at $265.00. SolarEdge designs, develops and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations. We review operations and what has led to the huge share price gains in the past 5-months since our recommendation.
September 29, 2020
This week in our Your Stock, Our Take segment we start by taking a listener question on one of the leading online groceries in Canada, Goodfood (FOOD: TSX). The stock is up 24% over the last 5 trading days and up approximately 200% since the start of the year – we let you know why and if there is further potential in the stock. Our second YSOT is NorthWest Healthcare Properties REIT (NWH.UN: TSX), which holds 183 properties under management with a 97.3% occupancy rate. Its asset mix is around 55% hospitals & healthcare facilities and around 45% medical office buildings. The stock pays a strong 7% yield, and we let you know if it has growth potential. Our final YSOT comes in from a listener in reference to profitable Canadian micro-cap RIWI Corp. (RIWI: TSX-V). RIWI is an intriguing global trend-tracking and prediction technology firm, with a solid balance sheet and a focus on growing its recurring revenue base. A listener asks us if the company’s shares remain an opportunity.
September 23, 2020
This week in our Your Stock, Our Take segment we start by taking a listener question on Canadian communication companies. Specifically, whether Telus Corporation (T: TSX), is a good dividend/growth investment at its current price. Our second YSOT comes in from a listener on StorageVault Canada Inc. (SVI:TSX-V), which owns, manages, and rents self-storage and portable storage space to individual and commercial customers. A listener asks us our take on whether the stock remains a good growth opportunity. Finally, our Dog of the Week is Nikola Corporation (NKLA: NASDAQ), a stock we took a hard pass on earlier this year when it was included as a question in our YSOT segment. Nikola, which purportedly designs and manufactures battery-electric and hydrogen-electric vehicles, saw its founder, Chairperson, and largest shareholder, Trevor Milton, step-down amid allegations, he hasn’t exactly been truthful with investors. The stock dropped 20% on the day and is off 79% from its June highs.
September 15, 2020
This week in our Your Stock, Our Take segment we start by taking a listener question on Yamana Gold Inc. (YRI: TSX), a dividend paying, Canadian gold producer with a stable of exploration and development-stage projects located throughout the Americas.
The second stock pick comes in from a listener on Vibe Bioscience Ltd. (VIBE: CSE), a micro-cap US-based Cannabis business with the goal of becoming a vertically integrated operator. We let you know if it looks like a contender or pretender.
While it would have been a Dog last week, this week’s volatile Star is Tesla (TSLA: NASDAQ) is a vertically integrated sustainable energy company. The company is best known as the largest electric vehicle manufacturer in the world with global deliveries of 367,000 vehicles in 2019. We let you know our take on the current valuations.