Top stocks for 2019

Where Aurora Cannabis Inc. (TSX:ACB)(NYSE:ACB) wins out is that it is projected at 570,000 kilograms production yield in 2019 and potentially …

Ryan Vanzo: Brookfield Infrastructure Partners

Since 2009, shares of Brookfield Infrastructure Partners L.P.(TSX:BIP.UN)(NYSE:BIP) have risen by nearly 500%, and for good reason. The company is exposed to one of the most reliable growth drivers there is: population growth.

By 2040, it’s estimated that 2 billion more people will be living on earth, adding demand to critical infrastructure like roads, pipelines, seaports, and power plans. By investing in infrastructure projects around the world, Brookfield benefits directly from this long-term trend.

In 2018, its shares fell by roughly 20%, providing a rare buying opportunity. Over the past decade, they have finished in negative territory only one other year. Recent weakness has pushed its dividend yield up over 5%. If you’re looking for a rock-solid business for 2019 and beyond, Brookfield continues to be a great bet.

Fool contributor Ryan Vanzo has no position in this company at the time of publication.

Amy Legate-Wolfe: Horizons S&P/TSX 60 ETF

While other Canadian stocks have slumped to all-time lows in this volatile market, Horizons S&P/TSX 60 ETF (TSX:HXT) has continued on a relatively steady streak. For 2019, I would jump on Horizons while it’s still relatively cheap.

There are a couple great reasons to choose this ETF, but there are two that put it ahead of other ETFs. First off, the stock only chooses the top 60 stocks on the TSX. This makes the share price a lot cheaper than other ETFs, and a fraction of the cost of the S&P/TSX Composite index.

The second reason is that the ETF is run by artificial intelligence. While other ETFs have people picking stocks based on gut, this stock picks based on data. So once the market is less volatile, this stock should be one of the first to see some great gains.

Fool contributor Amy Legate-Wolfe does not own shares of Horizons S&P/TSX 60 ETF at the time of publication.

Joey Frenette: Restaurant Brands International

My top pick for 2019 is Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR), a Canadian fast-food juggernaut that has decades worth of low-risk growth left in the tank. The company has endured rough waters all year, and while there have been a fair amount of issues, in no reasonable market should the stock be trading at just 13.8 times forward earnings given the potential for high double-digit EPS growth numbers.

Restaurant Brands sports a bountiful 3.4% dividend yield, but make no mistake; the company is still growth-oriented in spite of its handsome payout and stalwart valuation that’s more indicative of a behemoth firm that’s at the end of its growth cycle.

As a seller of “inferior goods”, Restaurant Brands is less sensitive to the market cycle. And given we’re heading for a drastic economic slowdown in 2019, I’d say Restaurant Brands stock is a fantastic place to play defence without having to compromise on the growth front.

Fool contributor Joey Frenette owns shares of Restaurant Brands International Inc at the time of publication.

Christopher Liew: Aurora Cannabis

Marijuana investors got a hard dose of reality as most stock prices plummeted after legalization in Canada. Where Aurora Cannabis Inc. (TSX:ACB)(NYSE:ACB) wins out is that it is projected at 570,000 kilograms production yield in 2019 and potentially 700,000 kilograms in less than five years.

Also, Aurora expensed out US$700 million to: a) invest in other marijuana firms, b) build huge production facilities and c) strike strategic partnerships for international expansion.

As of December 21, 2018, the shares of Aurora Cannabis are $6.67 which is less than same price one year ago. It was a roller-coaster ride just the same in between those dates. The highest closing in 2018 was $15.07 posted on October 15. Aurora was beginning to roll since the NYSE listing but lost all positive momentum due to the market selloffs.

But with the cash cows the company possess, Aurora Cannabis could easily regain momentum. The price could quickly double once the market stabilizes next year.

Fool contributor Christopher Liew has no position in Aurora Cannabis at the time of publication.

Will Ashworth: Canada Goose

Canada Goose Holdings Inc. (TSX:GOOS)(NYSE:GOOS) had a great year in 2018 from a financial perspective growing revenue to $666 million for the trailing 12 months ended September 30, 2018, while sending $102 million to the bottom line.

Although it finished this past year with a total return of 50.3%, it stumbled badly down the stretch, losing about a quarter of its value in the final three months of the year.

Not to worry.

With a trifecta of growth — wholesale, online, and brick-and-mortar — 2019 is sure to be another successful year for the Toronto-based maker of parkas and other outdoor wear.

On December 28, Canada Goose opened its first store in Mainland China, to huge crowds. It now has a store in both Hong Kong and Beijing with potential for a few more in the future.

Asia is a big reason I believe Canada Goose stock will win in 2019.

Will Ashworth does not own any of the stocks mentioned at the time of publication.

Stephanie Bedard-Chateauneuf: Alimentation Couche-Tard

Alimentation Couche-Tard Inc. (TSX:ATD.B), North America’s largest independent convenience store operator, is my top stock for 2019.

After underperforming between March and July last year, Couche-Tard’s stock took off at the end of October and is now trading above $67.

That inflection can be explained by a strong rise in same-stores sales and organic sales growth following the acquisitions and successful integrations of CST Brands and Holiday Station stores. Same-store sales rose by 5.1% in Canada, 4.4% in the United States, and 4.6% in Europe during the latest quarter.

In December, Couche-Tard and CrossAmerica Partners made a swap deal in which 265 sites will change hands in a series of transactions over a period of 24 months. This deal should optimize the long-term value of the retail stores transferred and strengthen Couche-Tard’s core retail business.

Couche-Tard should perform better when the market is struggling because it is a defensive stock.

Fool contributor Stephanie Bedard-Chateauneuf owns shares of Alimentation Couche-Tard Inc at the time of publication.

Tom Hoy: CAE

With widespread forecasts of market turbulence for 2019, CAE(TSX:CAE) (NYSE:CAE) provides plenty of risk-adjusted upside.

This Canadian company manufactures simulation technologies and offers training services to the airline, defence, and healthcare industries. Since all of these industries are heavily influenced by government spending, there are robust recurring revenue opportunities, which make financially sound companies operating within this space a safe bet for long-term growth.

With strong year-over-year performance and over $500 million of cash on the balance sheet, CAE’s solid fundamentals provide the management team with flexibility in terms of product expansion and development. In addition to financial health, changing market dynamics will increase demand for cost-effective training solutions especially in the airline industry, which is currently experiencing a pilot shortage.

In brief, CAE’s exposure to highly regulated industries where there is expected increased demand for services should propel this stock upward.

Fool contributor Tom Hoy has no position in any of the stocks mentioned at the time of publication.

Demetris Afxentiou: Shaw Communications

After the volatile 2018 we just went through, investors looking for solid growth prospects wrapped in a defensive package for 2019 should strongly seriously consider taking a position in Shaw Communications Inc.(TSX:SJR.B)(NYSE:SJR).

Beyond the typical defensive advantages offered by a telecom, Shaw continues to benefit from its growing subscriber base attributed to its still new and increasingly popular wireless service, Freedom Mobile. Freedom Mobile has already captured 5% of the market from the incumbent Big Three in just over a year and given the massive marketing rollout of the carrier into retailers across the country set to occur over the next month, there are clearly good times ahead for this market disruptor.

If Shaw’s growth opportunity and stable business are not reason enough for investors to jump on board, then perhaps the alluring monthly divided with an appetizing yield of 4.79% will provide the necessary incentive to buy and hold what is otherwise an incredible long-term investment for 2019 and beyond.

Fool contributor Demetris Afxentiou owns shares of Shaw Communications at the time of publication.

Karen Thomas: Badger Daylighting

2019 may just be the year for Badger Daylighting Ltd.(TSX:BAD), a $1.2 billion stock that is seeing an acceleration in its revenue, cash flows, and earnings.

In its third quarter report, Badger reported a 20% increase in revenue, 31% increase in its adjusted EBITDA, and a 57% increase in EPS, as activity and pricing was strong and the company continued to achieve benefits of scaling.

In the first nine months of 2018, revenue increased 20%, adjusted EBITDA increased 25%, and cash flow from operations increased by 27%.

With an increasingly diversified revenue base, this excavation giant continues to grow organically and via acquisition.

Badger has enjoyed a 15.5% 10-year compound annual revenue growth rate, EBITDA margins of between 25% and 30%, and continues to benefit from a solid balance sheet, thus giving it the flexibility to continue to grow organically and via acquisitions.

Trading at 18 times this year’s earnings, this stock is a steal.

Fool contributor Karen Thomas does not own shares of Badger Daylighting Ltd at the time of publication.

Nelson Smith: Brookfield Property Partners

My top stock for 2019 is Brookfield Property Partners LP(TSX:BPY.UN)(NASDAQ:BPY) because it offers exactly what investors should be looking for — great assets at a bargain price.

Brookfield owns some of the world’s finest real estate, like Canary Wharf in London, Brookfield Place in New York City, Potsdamer Platz in Berlin, and much more. In total, the company’s owns some $90 billion worth of high-quality real estate.

The other important part is the price. These wonderful assets are currently trading hands at a big discount to book value. Shares are also cheap on a price-to-funds from operations perspective. And investors are paid a succulent 7.4% dividend while they wait.

Fool contributor Nelson Smith owns Brookfield Property Partners LP shares at the time of publication.

Prosper Bakiny: Shopify

Shopify Inc.(TSX:SHOP) (NYSE:SHOP) provided a net return of about 32% to investors last year, which compares very favorably to the IT industry and the TSX. The scary part is that 2018 was not such a great year for SHOP. The company’s share price was practically stagnant compared to years past, and the Ottawa based e-commerce platform once again recorded a net loss.

Once SHOP’s recent performance on the stock market is put in perspective, the company’s potential is evident, and the possibilities are endless. SHOP offers a unique experience to business owners who are unlikely to switch to one of its competitors once they have put the time and effort to market their business on the company’s platform.

SHOP is still in the process of adding various services to its arsenal, and the company has yet to stabilize operating expenses. These are merely details, though, and once SHOP works out these kinks and becomes profitable, I believe investors will be rewarded. That is why SHOP is my top stock pick for 2019.

Fool contributor Prosper Bakiny owns shares of Shopify at the time of publication.

Matt Smith: Parex Resources

Parex Resources Inc.(TSX:PXT) recently completed a strategic review aimed at unlocking value and is poised to deliver strong returns. Management believes that the market isn’t recognizing its fair-value and initiated a share buyback which will lift its value. Parex’s high-quality Colombian oil acreage, long-life reserves of 162 million barrels 99% weighted to oil, growing production and rock-solid balance sheet make it an industry-leading play on higher oil. Parex ended the third quarter 2018 with no long-term debt, US$200 million undrawn from an existing credit facility and US$361 million in cash.

Parex expects 2019 oil production to expand by 22% year over year to 54,000 barrels daily which along with firmer crude will substantially boost earnings. Its ability to access premium Brent pricing gives it a financial advantage over North American oil producers. This enhances profitability resulting in industry-leading netbacks which at US$60 Brent for 2019 are forecast to be around US$34 per barrel produced and generate impressive free cash flow of US$260 million.

Fool contributor Matt Smith has no position in any stocks mentioned at the time of publication.

David Jagielski: AltaGas

AltaGas Ltd (TSX:ALA) is my top stock pick for 2019. The stock incurred heavy losses in 2018 and saw half of its value disappear but I believe it is due to make a significant recovery this year. The company finished the previous year with a bad quarter which was filled with acquisition-related costs that ensured the stock would continue to fall in price. Investors were also likely avoiding the stock given its high yield, which wasn’t cut until recently.

However, with a more manageable payout and the noise from the WGL Holdings acquisition now out of the way, there’s ample room for AltaGas to run, especially with new market opportunities paving the way for a lot of growth. The stock is trading well below its book value and is a bargain buy as it has the potential to double in price this year.

Fool contributor David Jagielski owns shares of ALTAGAS LTD at the time of publication.

Mat Litalien: Open Text

It was a rough year for tech stocks in 2018. Although market volatility is expected to continue, one stock that should rebound nicely is Open Text(TSX:OTEX)(NYSE:OTEX).

Since posting disappointing first quarter results, the company has once again ramped up M&A activity. It has signed partnership deals with Salesforce, Google and Sun Chemical. Likewise, it closed on its acquisition of Liaison Technologies for $310 million. The acquisition is expected to have a big impact on second quarter results.

Open Text is trading approximately 20% below its 52-week highs and at a cheap forward price to earnings (P/E) ratio of 15.02. It is trading well below historical averages and has a P/E to Growth (PEG) ratio of 1.07. As such, it is one of the cheapest companies in the sector and is my top pick for 2019.

Fool contributor Mat Litalien is long Open Text Corp at the time of publication.

Andrew Button: Canadian National Railway

Canadian National Railway(TSX: CNR) (NYSE: CNI) beat the TSX average in 2018, ending the year down just 1% while the TSX declined 11.6%. Factoring in the dividend, the stock delivered a moderately positive return to investors.

However, looking at a longer timeframe, CNR has performed brilliantly. Since 2006, the stock has more than quadrupled in value. Especially with dividends reinvested, this stock has handsomely rewarded long term holders. And it’s still well positioned heading into 2019. In its most recent quarter, the company grew net income by 18% and diluted EPS by 15%.

This stock is not without its risk factors. Harsh winters can create challenging times for transportation companies, as we saw with CNR in Q1 of last year. However, the general trajectory for this company is unambiguously positive.

Fool contributor Andrew Button does not own shares in Canadian National Railway at the time of publication.

Neha Chamaria: Brookfield Renewable Partners

Brookfield Renewable Partners L.P. (TSX:BEP.UN)(NYSE:BEP) lost nearly 25% in 2018, pushing its dividend yield to a hefty 7.6%. The renewable energy giant’s stock is off to a strong start to 2019, signaling there’s significant steam left even as investors enjoy high yields.

You see, Brookfield’s performance through the nine months ended Sept. 30, 2018 doesn’t justify the drop in its share price. It grew:

  • Power generation capacity by 36.5%
  • Revenue by 12%
  • Funds from operations (FFO) by 7%.

Brookfield is on track to deliver strong numbers for fiscal 2018. Through 2022, it aims to grow FFO at a compound rate of 8.5% and annual dividend by 5-9%. As one of the world’s largest public pure-play renewable energy companies, Brookfield has tremendous growth opportunities ahead as more countries switch to clean energy, making this an opportune time to buy the high-yield stock.

Fool contributor Neha Chamaria has no position in this company at the time of publication.

James Watkins-Strand: Information Services

In the face of uncertainty, I favour niche companies that provide essential services in all environments. Accordingly, my top stock for 2019 is Information Services Corp. (TSX:ISV).

ISC works with public data and records, delivering registry services, information management, and technology solutions.

In government, ISC has a 20-year service agreement with the Province of Saskatchewan that expires in 2033 and holds a service license in Ontario that lasts until 2021. The company’s private sector customers are largely involved in law and finance.

Through a combination of organic growth and strategic acquisitions, ISC has put itself on a healthy growth trajectory. Equally, the company has positioned itself such that it has somewhat of a moat.

Trading at a price-to-earnings multiple of around 16, and yielding more than 5%, there are good reasons to be optimistic about ISC in 2019.

Fool contributor James Watkins-Strand does not own shares in ISC at the time of publication.

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Top Stocks for August – Part 1

My top pick for August is Alimentation Couche Tard Inc. (TSX:ATD.B). … announced a four-year renewable agreement with Canopy Growth Corp. to …

You can find part 2 of this month’s Top Stocks article here.

Demetris Afxentiou: Bank of Nova Scotia

Canada’s Big Banks are frequently regarded as great investments, Bank of Nova Scotia(TSX:BNS)(NYSE:BNS) offers something unique over its peers, which is why the bank is my pick this month.

Bank of Nova Scotia opted years ago to expand into Latin America, and in doing so capitalized on the growth of the Pacific Alliance – a trade bloc of four nations charged with eliminating tariffs and growing trade in the region. Bank of Nova Scotia’s investment into the bloc has led to double-digit growth from the region with each passing quarter.

Additionally, a string of acquisitions on the domestic and international front has recently propelled Bank of Nova Scotia’s wealth management arm to have over $230 billion worth of assets under management.

Finally, investors should note that Bank of Nova Scotia offers an appetizing quarterly dividend that has a yield north of 4.3% that has a proven record of annual or better increases.

Fool contributor Demetris Afxentiou has no position in any stocks mentioned.

Joey Frenette: Alimentation Couche Tard Inc

My top pick for August is Alimentation Couche Tard Inc. (TSX:ATD.B). The company recently clocked in an impressive quarterly beat which saw profits surge nearly 42% thanks to synergies from previous acquisitions in CST Brands and Holiday.

In response, Couche Tard shares rallied back to the low $60 levels and may be positioned to blast through its long-term $68 ceiling of resistance upon the next acquisition announcement which may be the first of many moves to break into the hot Asian convenience store market.

After the refreshing quarter, it feels like the dog days of are finally behind the company and as we head into the latter part of the year, we could see the stock finally make up for the years of consolidation.

Joey Frenette owns shares of Alimentation Couche Tard Inc.

Ryan Goldsman: Slate Office REIT

After witnessing a lot of momentum moving in the wrong direction for close to a year, shares of Slate Office REIT (TSX:SOT.UN) are finally starting to find a clear bottom and are ready to bounce.

At a price of $7.65, the dividend yield is an extremely generous 9.8% which is paid on a monthly basis. In spite of accounting for more than 100% of the cash flows available, the catalyst will come gradually as management has finally started to undertake a share buyback and reduce the monthly financial obligations.

Once the share count becomes more palatable, investors will be in for an incredible run higher as many REITs offer yields that are most often no more than 6%.

Fool contributor Ryan Goldsman has no position in shares of Slate Office REIT.

Kay Ng: Brookfield Property Partners LP

Brookfield Property Partners LP. (TSX:BPY.UN)(NASDAQ:BPY) was my top stock idea last month and remains my top idea this month. Although the stock has traded higher in the last few months, it still offers good value at the recent quotation of $27.30 per unit.

Brookfield Property trades at a discount of almost 30% from its IFRS value and offers an attractive distribution yield of almost 6.1%. Its distribution is safe because it is supported by a globally diversified portfolio of quality real estate assets, which generate predictable cash flow.

Additionally, Brookfield Property also sells mature assets and recycles the proceeds in to higher-return assets. This buffer is not included in its sustainable payout ratio, which is targeted at about 80%.

Fool contributor Kay Ng owns shares of Brookfield Property.

Mat Litalien: goeasy Ltd

My top pick for the month of August is goeasy Ltd.(TSX:GSY). Year-to-date, goeasy has significantly outperformed the market with a 17% return. It’s about to go even higher.

The company recently announced preliminary Q2 results which were very bullish. Gross consumer loans grew 61%, while loan book growth was an astounding 122%! Goeasy also has one of the best net charge-off rates in the business, which I might add, are trending downwards. The best part? Goeasy is expected to raise guidance when it reports second quarter results in early August.

Fool contributor Mat Litalien is long Goeasy Ltd.

Stephanie Bedard-Chateauneuf: Neptune Technologies & Bioressources Inc

Neptune Technologies & Bioressources Inc. (TSX:NEPT)(NASDAQ:NEPT), a wellness and nutrition products company based in Quebec, is my top stock for August.

In June, Neptune announced a four-year renewable agreement with Canopy Growth Corp. to provide extracted cannabis products.

Neptune’s entry into the cannabis industry will boost its revenue and earnings: sales are expected to grow by 133% to approximately $89 million and earnings by 200% to $0.07 per share next year.

The biotech company’s shares have soared 278% over one year but have plunged 25% in the last month. The stock trailing P/E is 17.

You should profit from this fall in price to buy Neptune’s stock while it is still cheap.

Fool contributor Stephanie Bedard-Chateauneuf has no position in shares of Neptune Technologies & Bioressources Inc.

Neha Chamaria: Canadian National Railway

Canadian National Railway (TSX:CNR)(NYSE:CNI) stock just hit is 52-week high, but there are solid reasons to still pile on the shares and forget about them for some years.

To begin with, the railroad giant has a new leader at the helm, Jean-Jacques Ruest, who was serving as an interim CEO since March and was just confirmed to the leadership position. Now Canadian National had a dismal first quarter as it faced a severe capacity crunch. Ruest took over during that time, and while it was an exceptionally tough quarter, Ruest had to prove to customers and shareholders alike that Canadian National can ride out the storm.

He succeeded: Canadian National reported solid 9% and 30% growth in revenue and net income, respectively, for Q2, and also upgraded its full-year earnings outlook, thanks to management’s strategy to aggressively invest in rail infrastructure, new rail cars and equipment, and new hires on short notice. With Ruest starting off on an encouraging note and foreseeing a strong future for the company, long-term investors can happily ride Canadian National Railway for solid returns.

Fool contributor Neha Chamaria has no position in this company.

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Offshore buyers may fill the void as BP dumps bid for Woolies petrol

At least three international parties have been rumoured to be in the running for the acquisition, namely private equity group Kohlberg Kravis Roberts, …
The national retail petrol market could open up to new competition after BP Australia pulled out of an ambitious $1.8 billion plan to buy Woolworths’ retail fuel network.

At least three international parties have been rumoured to be in the running for the acquisition, namely private equity group Kohlberg Kravis Roberts, Canadian retail fuel operator Couche-Tard and even the state-owned PetroChina group.

BP Australia, which first announced its intention to buy Woolworths’ 531 petrol stations in December 2016, today revealed that it was abandoning the plan.

The ACCC opposed the deal in December last year, but BP vowed to fight the decision.

Today it says that ‘despite its best efforts’ the deal can’t be ‘structured to meet its strategic objectives’.

Andy Holmes, BP’s chief operating officer for Asia-Pacific, today issued a statement indicating BP has moved on from the proposal.

“I am very confident in what the future holds and the delivery of BP’s strategy for strong market-led growth to 2021 with a continued focus on safe and reliable operations, increasing efficiency, simplification and modernisation,” he says.

Woolworths, in a brief announcement to the ASX, says it is ‘continuing to engage actively with alternative options for its petrol business.’

While details of the prime alternative candidates to buy the petrol assets remain under wraps, there has been no shortage of rumours in the market.

The Australian recently reported that another private equity group, BGH Capital, could be in the mix.

BGH Capital was formed in 2017 by ex-TPG Capital Australia head Ben Gray and ex-Macquarie executive Robin Bishop to explore opportunities in Australia and New Zealand.

The BP Australia deal has been on the ropes for some time and it is likely Woolworths’ discussions with alternative buyers is well advanced.

News of BP dropping out of the race is widely seen as positive for lifting competition in the national retail petrol market.

ACCC chairman Rod Simms, in rejecting the planned buyout by BP, had noted that BP consistently sold fuel at a higher average price than Woolworths’ outlets in capital cities.

The competition for the Woolworths offering is likely to be strong as petrol stations have become a lucrative investment class in the REIT sector in recent years.

Fuel refiner and retailer Viva Energy, which owns 1160 petrol stations across Australia mostly under the Shell brand, has just announced a $5.15 billion float in the largest share offering on the ASX in four years.

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Sailingstone Capital Partners Upped Its Laredo Petroleum (LPI) Stake; Last Week Alimentation …

Sailingstone Capital Partners Llc increased Laredo Petroleum Inc (LPI) stake by 3.26% reported in 2017Q4 SEC filing. Sailingstone Capital Partners Llc acquired 1.25M shares as Laredo Petroleum Inc (LPI)’s stock declined 18.90%. The Sailingstone Capital Partners Llc holds 39.63M shares with …

April 5, 2018 – By Gary Buckley

Alimentation Couche-Tard Inc. (TSE:ATD.B) Logo

Sailingstone Capital Partners Llc increased Laredo Petroleum Inc (LPI) stake by 3.26% reported in 2017Q4 SEC filing. Sailingstone Capital Partners Llc acquired 1.25M shares as Laredo Petroleum Inc (LPI)’s stock declined 18.90%. The Sailingstone Capital Partners Llc holds 39.63M shares with $420.46 million value, up from 38.38M last quarter. Laredo Petroleum Inc now has $2.09B valuation. The stock increased 3.90% or $0.33 during the last trading session, reaching $8.8. About 2.25 million shares traded. Laredo Petroleum, Inc. (NYSE:LPI) has declined 35.20% since April 5, 2017 and is downtrending. It has underperformed by 46.75% the S&P500.

Among 9 analysts covering Alimentation Couche-Tard (TSE:ATD.B), 7 have Buy rating, 1 Sell and 1 Hold. Therefore 78% are positive. Alimentation Couche-Tard had 36 analyst reports since August 21, 2015 according to SRatingsIntel. The company was maintained on Tuesday, August 30 by TD Securities. TD Securities maintained Alimentation Couche-Tard Inc. (TSE:ATD.B) on Friday, July 22 with “Action List Buy” rating. Scotia Capital maintained the shares of ATD.B in report on Wednesday, September 2 with “Outperform” rating. Dundee Securities maintained the stock with “Buy” rating in Thursday, September 22 report. The rating was maintained by TD Securities on Monday, January 23 with “Action List Buy”. The firm has “Action List Buy” rating given on Friday, August 19 by TD Securities. Scotia Capital maintained the stock with “Outperform” rating in Friday, August 26 report. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, August 31. As per Wednesday, March 1, the company rating was maintained by TD Securities. The rating was maintained by TD Securities with “Action List Buy” on Wednesday, January 4. See Alimentation Couche-Tard Inc. (TSE:ATD.B) latest ratings:

27/11/2017 Broker: Barclays Capital Rating: Old Target: $70.00 New Target: $72.00 Target Up

Investors sentiment increased to 1.39 in Q4 2017. Its up 0.19, from 1.2 in 2017Q3. It improved, as 17 investors sold LPI shares while 40 reduced holdings. 29 funds opened positions while 50 raised stakes. 251.28 million shares or 1.13% less from 254.15 million shares in 2017Q3 were reported. 21,632 were accumulated by Great West Life Assurance Co Can. The Ohio-based Pub Employees Retirement System Of Ohio has invested 0% in Laredo Petroleum, Inc. (NYSE:LPI). Prudential Fincl has 1.25M shares for 0.02% of their portfolio. Swiss Bancorp has invested 0% in Laredo Petroleum, Inc. (NYSE:LPI). California Public Employees Retirement System has invested 0.01% in Laredo Petroleum, Inc. (NYSE:LPI). Connecticut-based Corecommodity Management Limited Liability has invested 0.24% in Laredo Petroleum, Inc. (NYSE:LPI). Utah Retirement Systems owns 30,066 shares for 0.01% of their portfolio. American Century Inc holds 148,992 shares. Moreover, Channing Capital Management Limited Liability has 1.17% invested in Laredo Petroleum, Inc. (NYSE:LPI). The New Jersey-based Landscape Capital Ltd Company has invested 0.15% in Laredo Petroleum, Inc. (NYSE:LPI). Strs Ohio reported 177,750 shares. Massachusetts-based Putnam Investments Lc has invested 0% in Laredo Petroleum, Inc. (NYSE:LPI). Intll Grp has invested 0% in Laredo Petroleum, Inc. (NYSE:LPI). Blackrock holds 0% or 6.83 million shares. Art Advsr Ltd Liability Co holds 0.07% in Laredo Petroleum, Inc. (NYSE:LPI) or 153,406 shares.

Among 34 analysts covering Laredo Petroleum Holdings Inc (NYSE:LPI), 14 have Buy rating, 3 Sell and 17 Hold. Therefore 41% are positive. Laredo Petroleum Holdings Inc had 101 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Robert W. Baird on Wednesday, August 30. The company was downgraded on Monday, March 14 by KLR Group. As per Thursday, December 3, the company rating was initiated by Nomura. As per Friday, May 5, the company rating was maintained by Williams Capital Group. The firm has “Underperform” rating by Bank of America given on Thursday, March 8. BMO Capital Markets maintained Laredo Petroleum, Inc. (NYSE:LPI) on Tuesday, October 10 with “Hold” rating. The stock of Laredo Petroleum, Inc. (NYSE:LPI) earned “Outperform” rating by FBR Capital on Wednesday, February 15. On Thursday, February 18 the stock rating was downgraded by Stephens to “Equal-Weight”. The company was reinitiated on Tuesday, December 19 by Robert W. Baird. Piper Jaffray maintained Laredo Petroleum, Inc. (NYSE:LPI) on Monday, November 20 with “Buy” rating.

Sailingstone Capital Partners Llc decreased Turquoise Hill Res Ltd (NYSE:TRQ) stake by 15.79 million shares to 227.87M valued at $781.59M in 2017Q4. It also reduced Hudbay Minerals Inc (NYSE:HBM) stake by 13.43 million shares and now owns 459,403 shares. Concho Res Inc (NYSE:CXO) was reduced too.

The stock decreased 1.09% or $0.62 during the last trading session, reaching $56.26. About 698,812 shares traded or 2.43% up from the average. Alimentation Couche-Tard Inc. (TSE:ATD.B) has 0.00% since April 5, 2017 and is . It has underperformed by 11.55% the S&P500.

Alimentation Couche-Tard Inc. operates and licenses convenience stores. The company has market cap of $31.82 billion. The companyÂ’s convenience stores sell tobacco products, grocery items, beverages, and fresh food offerings, as well as other retail services and products, road transportation fuel, stationary energy, marine fuel, and chemicals. It has a 20.74 P/E ratio. It operates its convenience store and road transportation fuel retailing chain under various banners, including Circle K, Couche-Tard, MacÂ’s, Kangaroo, Kangaroo Express, Statoil, Ingo, Topaz, Shell, Esso, and Re.Store.

Laredo Petroleum, Inc. (NYSE:LPI) Institutional Positions Chart

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Canadian pot company plotting global push

The company, which won a license to sell medical marijuana in 2015, has a market capitalization of about C$696 million compared with about C$6.4 billion for Canopy Growth Corp., Canada’s largest pot company by market value, which has operations in seven countries. Yet the preliminary supply …

As Canadian marijuana growers rush to boost production before pot gets legalized, Quebec’s biggest cannabis company looks to a convenience-store giant for a road map.

The Hydropothecary Corp. says it wants to follow the footsteps of Quebec leaders such as Couche-Tard, owner of the Circle K chain, which started with one store outside Montreal and gobbled up rivals from Ontario to Norway. Hydropothecary secured about a third of its home market last month, when it signed a letter of intent with the province’s alcohol distributor to supply 44,092 pounds (20,000 kilograms) of cannabis products in the first year of recreational sales.

“I plan to be one of the two to three multinational companies still standing in five years,” founder and Chief Executive Officer Sebastien St. Louis, 34, said in a phone interview last week. “Our strategy is to go to Quebec first, then expand to Ontario, then to Western Canada, and then internationally.”

Canada’s pot producers are jockeying to grab a slice of a medical and recreational marijuana market that’s forecast to reach $6.2 billion (C$8 billion) in sales by 2021. Companies such as Aurora Cannabis have launched takeovers while others such as Cronos Group are listing on the Nasdaq Stock Market to boost international exposure. Share prices in the industry have tumbled since the beginning of the year, however, amid overvaluation concerns.

Hydropothecary, based in Gatineau, has dropped 22 percent to C$3.89 from its Jan. 23 peak. That’s not stopping St. Louis from “very seriously” considering a Nasdaq listing after a planned move from the junior to the main Toronto stock exchange in the next few months, he said. The company, which shares board member Nathalie Bourque with Couche-Tard, says it has C$260 million in cash, half of which is available for acquisitions.

The company, which won a license to sell medical marijuana in 2015, has a market capitalization of about C$696 million compared with about C$6.4 billion for Canopy Growth Corp., Canada’s largest pot company by market value, which has operations in seven countries.

Yet the preliminary supply agreement with Quebec, which could grow over time, gives Hydropothecary greater visibility and may be worth as much as C$120 million, analysts at GMP Securities wrote in a note last month.

“This provides a major endorsement of Hydropothecary’s execution capabilities to deliver quality products at large scale,” they wrote.

The company is expanding its production capacity to 25,000 kilos of dry cannabis by July, and 108,000 kilos by the end of the year. It’s also planning to invest in machines that will directly extract the molecule from plants to make products such as sublingual sprays, massage oils or drinks.

Such higher-margin products will eventually account for 70 percent of the business and help the company weather a looming oversupply that’s going to spur competition, St. Louis predicts. In Quebec, the grower also benefits from cheap power helping keep production costs lower.

“It’s going to be critical to be hyper-competitive on growing costs but also to develop a manufacturing expertise,” he said. “Cannabis is talked about for its flower but it’s only a very small part of the story. That’s why we’re putting our efforts on transformation and new products.”