Weekly 52-Week Low (or 52-Week High): PNG-X, AQN-T, SYZ-T, WFG-T and More 52-Week Highs and Lows (Oct 15-21)

Opinion about AAPL-Q: At this point, pretty fully priced. iPhone 17 seems to have a lot of traction, taking many by surprise. Lots of new features, plus it's in a replacement cycle. If you own it, write some short-dated, 1- or 2-week calls with a strike price of ~$265-270. Not much runway left.

Opinion about PNG-X: Popped because O&G underwater devices can be used for defense. 12-month price target of $7.80, still a bit of runway.

Opinion about QNC-X: Today announced launch of world's first quantum-safe hot wallet to be available Nov 1, stock's up 20%. The quantum-safe cold wallet will be launched as well. His team is checking it out, too. A big deal for this company, as they've been losing $$. This will be a big revenue generator.In the…

Opinion about AMD-Q: Deal with OpenAI, which leads to discussions of circular economics -- does a deal with a promise of business in the future. The deal itself propelled the stock quite a bit higher, but he's not sure it deserves the valuation bump. The effect is quite dilutive. In third place behind NVDA and…

Opinion about GOOG-Q: (A Top Pick Oct 22/24, Up 54%) Trading at a discount to the S&P average multiple, even after this wonderful run. That's on the back of increased earnings. When earnings increase rapidly but the price does too, the valuation doesn't change, and a company can still remain a very good buy.Depending on…

Opinion about ACO.X-T: Is famous for making module houses, so they will likely go for Ottawa's new building incentives, which make this a buying opportunity. Will benefit from rising demand for utilities.

Opinion about AQN-T: He looks at peaks and troughs. What you may be seeing right now is a higher trough. Now the stock needs to take out the last peak, around $9. If it moves above $9, the technical point of view tells you that the sellers who didn't like the stock are being taken…

Opinion about CU-T: Likes the regulated utilities. 

Opinion about BEP.UN-T: Whole sector's been decent and looking quite interesting, more room to run than other spaces that have already moved. Chart shows nice trend. Energy is very topical relative to AI. Decent hold over the next year.

Opinion about EMA-T: Likes it. Up 21% YTD. They do what they say they're going to do. Nova Scotia now coming out of its rate freeze, should see earnings increase in 2026. Asset sales mean that debt level is OK. Dividend can still be increased, though at lower levels than historically. Has trouble trimming a…

Opinion about FTS-T: Bought on the April dip, but stock hasn't done much. Sell? If you bought in April around $55 and today it's trading ~$72, that's about 10+%. Plus you get a 3-4% dividend yield, with 3-4% dividend growth. Pretty good for a regulated utility, and he's happy to own a company that puts…

Opinion about ATZ-T: US revenue jumped 41%. Up 10% today is quite positive, as would crossing the recent high of ~$90. If it has trouble getting through that level, some of today's gain may be pared off.

Opinion about CRT.UN-T: 92% of rent comes from Canadian Tire, which in turn owns about 70% of the REIT. Very stable, so not a tremendous amount of growth. About 2% topline growth translates into ~3% on the bottom line, and that's all you can expect. Interesting transactions. Thinks highly of management. Safe distribution, just south…

Opinion about CSH.UN-T: Follows quite closely. Has owned in the past, but not currently. Being a REIT, it's going to grow aggressively by developing projects and buying other companies. So in a downturn in the economy, such as the pandemic, it won't have retained any capital. Instead, they'll have to raise equity, and that's really…

Opinion about DFN-T: These split shares company give you some leverage. The total return over 20 years has been 8% vs. the TSX which has done no better. Has some good dividends here, but is volatile--when the market goes bad, this really goes bad. 

Opinion about GLXY-T: Jittery stock. Toying with the old high from 2021, with a lot of stress, or excitement, in between. Pulling back into the zone from 2021-2022. Testing old resistance, really don't want to see it fail. Needs to find legs pretty soon, and then you'd be fine. If not, he'd run. Not for…

Opinion about LBS-T: Has a degree of leverage in it. You're buying exposure to a basket of great Canadian stocks with dividends. Leverage can be in the range of 150-200%. When it's going up, it's great. But when it's going down, not so much. He wouldn't add leverage to a portfolio now with anybody's money. We're…

Opinion about PHYS-T: Stockchase Research Editor: Michael O'Reilly We again reiterate this trust holding unencumbered gold bullion as a TOP PICK.  Fears of a challenge to US Federal Reserve leadership by the US Administration could cause gold to spike in the weeks ahead -- some analysts project towards $5000.  We recommend trailing up the stop…

Opinion about RY-T: Outlook in Canada is a bit rosier than it was 6 or 12 months ago. He'd continue to hold the banks. Holds this name for almost all clients, and hasn't trimmed that position in many years. In fact, he adds when it sells off. It's his preference to own the highest-quality bank…

Opinion about SBC-T: Has a degree of leverage in it. You're buying exposure to a basket of great Canadian stocks with dividends. Leverage can be in the range of 150-200%. When it's going up, it's great. But when it's going down, not so much. He wouldn't add leverage to a portfolio now with anybody's money. We're…

Opinion about SGR.UN-T: Dividend is quite high, which is typically a red flag that it can't sustain dividend from cashflow. And that's the case here. AFFO (payout ratio) is above 100%, not good. Seeing vacancies, so cashflow's gone negative. Elevated debt.

Opinion about BDGI-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research BDGI has seen strong momentum recently, up 70% year-to-date, and 60% over the past year. Forward sales growth is decent, in the high single-digit range, but earnings growth is expected to be low double digits, highlighting solid margin expansion. Its growth rates…

Opinion about FTT-T: (A Top Pick Apr 12/24, Up 22%) Correlated with copper, and it set up nicely with where we were in the business cycle. Big breakout over the last 2 months. Good-looking chart with higher highs and lows. Sees further upside into August.

Opinion about ALS-T: She likes the royalty models which don't have the risks of operating mines. Its copper, potash, etc. covers the structural growth sectors. She sees 24% upside from here. It has steady cash flow, low net debt and a weaker U..S. dollar is good for it. It scores 9 out of 10 for…

Opinion about FDY-T: Looks like an interesting exploration/development company.Will watch company to see how results pan out.Financial certainty a concern.Might buy shares down the road.

Opinion about GTWO-X: (A Top Pick Jul 19/24, Up 79%) Hopes for a merger with another company, but enmity between the management teams means no merger is imminent. He still believes that it's ultimately a consolidation play.

Opinion about LUG-T: Highly ranked stock acting extremely well. RSI doing well. Stock's currently in an uptrend, and gold is trending upward. Gold is consolidating around $3000. 

Opinion about ARTG-X: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research The valuation looks fine here and the company is going from no revenues to high revenues this coming year. There are some execution risks because of this but things appear to largely be on track. Add in a strong backdrop for metals…

Opinion about CUU-X: Extremely risky.

Opinion about MGM-X: Doesn't like the sole risk exploration. If the story develops the people behind the company have the financial connections. The terrain is legendary gold ground. he can not make the data work for hi to buy it.

Opinion about BDI-T: Traditional workcamp business on oil & gas projects, which might do better going forward with increased infrastructure spend in Canada. Real attraction is modular space business -- portable spaces that they rent out, mainly for construction projects. Portables for schools in NA and Australia. Low valuation. Very high insider ownership of ~24-25%.…

Opinion about PKI-T: Shareholders need to choose an option by October 17. Some disappointment on the acquisition price. He'd be out of the name or tender for cash. That way, you can step back and reassess the situation. This is often his firm's tactic in these situations. Some risk, as you don't know how the…

Opinion about EXE-T: Doesn't follow it closely. Does, however, follow CSH.UN.Very reasonably valued at 13x when you look at price to FFO. Similar market to CSH.UN, but EXE is a corporation and that makes it unique. (REITs have to pay out more, or there's a punitive tax.) Pays out roughly half of its FFO. Likes…

Opinion about SIA-T: Aging demographics continue to be a tailwind, but prefers Chartwell. Scores 7 for value and 5 for fundamentals. The 5% dividend could be stable. They operate across Canada in many markets and constantly add new properties.

Opinion about DND-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research Plantro has pulled its bid, so it certainly might become a seller. Frankly, the stock has become a bit of a basket case. It has been up for sale. Management has revolved. It buys back stock and then issues stock. But the…

Opinion about GIB.A-T: Investor parents in late 80s, this name is down this year. Price target ~$155. Adviser pushing to sell and move into silver. Son is worried. Every client situation is different. For example, do these investors have their income needs taken care of or are they close to the edge? So he'll just…

Opinion about CMG-T: Spiked up on the close last week. Everything looks really good about this for the long term, everything says you should own some. RSI against S&P since 2022 has been really good, up and to the right. Buy some today with a partial position, then add a second component on a further breakout,…

Opinion about ENGH-T: He sold a while back. It wasn't delivering. Hit his downward loss trigger, and he exited. Lack of shareholder friendliness tipped the balance. Company was sitting on massive cash, but not using it in (what he thought) was the best interests of shareholders.Looks very undervalued compared to peers. Business is declining more…

Opinion about SYZ-T: It is Calgary based but the management team is in the U.S. It is involved in government education and charity software. It has had some difficulties in the past but is back to being undervalued and growing with the management team change. He is looking for revenue growth of 20 to 30%.…

Opinion about HOT.UN-T: They own U.S. hotels, a high-risk, high-reward stock. He's bearish on hotels, which is struggling with labour costs and keeping labour. HOT.UN has done a good job restoring vacancies, in the low-70s, though their peak was in the 80s. However, they've made up the balance on their hotel rates. Their balance sheet…

Opinion about IFP-T: The lumber industry in Canada has been in the line of sight for tariffs for the past decade. Housing prices have depressed the price of lumber for the past 2 to 3 years. One he likes in this sector is Doman Building Materials which is more of a processor of lumber. It…

Opinion about CFP-T: Homebuilding stocks in the US have been going straight up, but Canadian forestry stocks have been going the other way. WFG has done the best in holding its share price.IFP and CFP have really started to bottom on the charts. He hasn't done enough digging to know who has a better earnings…

Opinion about GCL-T: They own a series of food distribution businesses. It appears they are not making any money from them. It appears to be a scale problem.

Opinion about WFG-T: (A Top Pick Oct 17/24, Down 23%) (All the past picks today were from October, when he thought we were late cycle. His view is that we've started a new cycle, so tech and consumer discretionary risk-on names should do better.)Usually a really nice trade if you buy at Halloween, sell at…

Opinion about TXP-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research Q1 production was 7,015 b/d (80% gas), up 80% from the prior year period. Production fell 18% largely due to natural depletion. Cash flow was $6.1M vs $10.5M on the production decline but also due to lower prices. Debt fell, but is…

Opinion about FSY-T: Being acquired at $7 but because of the lower stock price, market indicates the deal is not going to close. Doesn't see this as a good way of making a quick buck. You are trying to beat the pros at a game that they are very, very good at.

Opinion about LUC-T: The company has suspended its dividend. They operate diamond mines in South Africa. They are looking into underground, from open pit. The cost is more expensive than thought. The price of diamonds has been reduced, though retail prices won’t change.