Q: Hi Pat & Team. Just a quick question. I have seen some interesting comments on OceanaGold lately. What’s your view on OceanaGold as a buy? Thanks in advance.

A: OceanaGold Corp., $3.19, symbol OGC on Toronto (Shares outstanding: 711.2 million; Market cap: $2.3 billion; www.oceanagold.com), is a mid-sized gold and copper producer.

Based in B.C., the company has a portfolio of four operating mines.

The Haile open pit and underground mine, located in Kershaw, South… Read More

Be wary of this recent IPO

ASTERA LABS INC. $73 is a hold. The company (Nasdaq symbol ALAB; Manufacturing sector; Shares outstanding: 155.5 million; Market cap: $11.4 billion; No dividend paid; Takeover Target Rating: Medium; www.asteralabs.com) designs computer chips that speed up the transfer of data between cloud-based networks and artificial intelligence (AI) software applications.
On… Read More

Let our stock updates help direct you

INDIGO BOOKS & MUSIC INC. $2.46 is a hold. The company (Toronto symbol IDG; Consumer sector; Shares outstanding: 27.8 million; Market cap: $68.4 million; No dividend paid; Takeover Target Rating: Lowest; www.chapters.indigo.ca) operates 172 bookstores, mainly under the Chapters and Indigo banners.
Indigo’s major shareholders, Gerald W. Schwartz and his… Read More

Activist pressure lifts their stock prices

These two stocks have moved up recently in response to activist pressure. However, we feel Disney is in a better position to keep moving higher for its investors.
WALT DISNEY CO. $113 is still a buy. The company (New York symbol DIS; Consumer sector; Shares outstanding: 1.8 billion;… Read More

Q: Pat, I have followed your recommendations for years and have built a good portfolio on them. I have a question. What do you think of Canadian Apartment Properties REIT’s prospects going forward? Thank you.

A: Canadian Apartment Properties REIT, $45.10, symbol CAR.UN on Toronto (Units outstanding: 167.6 million; Market cap: $7.8 billion; www.capreit.ca) owns multi-unit residential properties, including apartments, townhomes and manufactured home communities (trailer parks). Those rental properties are all located in or near major urban centres in… Read More

Social media darling plans an IPO

REDDIT INC. has filed paperwork with U.S. regulators for an initial public offering (IPO) of common shares. The shares will trade on New York under the symbol RDDT.
Based in San Francisco, the company operates online forums that lets registered users (called “Redditors”) post and share content… Read More

This new IPO is off to a slow start

PERFECT MOMENT LTD. $5.36 is a hold. The company (NYSE MKT [formerly the American Stock Exchange] symbol PMNT; Consumer sector; Shares outstanding: 15.8 million; Market cap: $84.7 million; Takeover Target Rating: Lowest; www.perfectmoment.com) specializes in premium-priced skiwear, such as jackets, sweaters and pants, as well as non-ski apparel like… Read More

In this case, we prefer the parent

The shares of contract manufacturer Flex (formerly called Flextronics International) traded in a narrow range for most of the past 10 years. However, the stock started to move up in late 2022 when the company announced that it would spin off its solar panel tracking… Read More

Top brands could fuel this IPO

AMER SPORTS INC. has filed paperwork with U.S. regulators for an initial public offering (IPO) of common shares. The shares will trade on New York under the symbol AS.
Based in Chicago, Amer sells sports clothing, equipment and related accessories to consumers in over 100 countries. Its… Read More

Our updates help keep you on track

LOBLAW COMPANIES, $127.50, is a buy. The retailer (Toronto symbol L; Shares outstanding: 313.1 million; Market cap: $40.1 billion; TSINetwork Rating: Above Average; Dividend yield: 1.4%; www.loblaw.ca) operates 1,104 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills. Its Shoppers Drug Mart operates 1,344… Read More