Most Anticipated Earnings: FSV-T, WCN-T and more Canadian Companies Reporting Earnings this Week (Oct 20-24)

Opinion about PSK-T: Second in line behind TPZ for what he'd want to own in terms of O&G royalty companies and infrastructure.

Opinion about FSV-T: Compounded its way to extremely high valuation. Well run. Great serial acquirer. Trying to get into renovation and disaster restoration. Lumpy segments. Thinks roofing will be a home run.

Opinion about WCN-T: This industry has its cycles. Will be more business as they expand. No comment on its valuation. Are well-positioned in the waste business, where they are a leader.

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 WPK-T: (A Top Pick May 30/23, Down 11.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with WPK has triggered its stop at $39.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment loss of 9%, when combined with the previous recommendations.    

Opinion about SVI-T: Really hot area a couple of years ago. Not a ton of barriers to entry, so supply/demand can change rapidly. Not a lot of differentiation, because "a box is a box". Sector doesn't have strong enough defensive capabilities.

Opinion about MTL-T: Grown by acquisition quite steadily over the years. Very good company and it won't hurt you, but he owns TFII instead.

Opinion about PD-T: (A Top Pick May 23/24, Down 37%) He sold this around $90. It's tied to the fall in oil prices as drilling activity slides. Shares are at a 28% free cash flow yield, but he isn't confident about that figure. Revisit this in maybe 6 months after the market absorbs OPEC oversupply.

Opinion about HPS.A-T: Scores 9 for fundamentals, and 4 for value. The street targets 24% upside. Q2 reported record revenue though gross profit margins dipped due to input costs. Could be vulnerable to rising raw materials costs and supply chain disruptions. They still lead in their industry with a dominant footprint. Data centre demand could…

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 TECK.B-T: (A Top Pick Oct 02/24, Down 12%)December 9 is voting day for the merger. Long-term outlook for TECK.B on its own is very strong. If merger gets done, it'll probably become a very important copper name for institutional investors around the world. Disappointment in QB2 mine over the last year, and that's…

Opinion about TLG-T: (A Top Pick Jun 04/25, Up 105%) (Note the short timeframe.) At critical stage of next big project, now completing financing. Will be one of Canada's top-tier projects. Still trades cheaply.

Opinion about KG-X: He is using as a proxy for sole risk exploration. Run by good people. He is not really a believer in sole risk exploration as the odds are really stacked against you.

Opinion about WCP-T: Investor's a couple of dollars underwater, but likes the dividend. Bottomed around $7, and now seeing higher highs and higher lows. In an uptrend. Above both rising 50-day and 200-day MA. Technically, looks fine. Lots of investors like this name. If you own, he'd hold. Seasonally, things get better from here.His firm…

Opinion about AAV-T: For something with higher torque to natural gas prices.

Opinion about RCI.B-T: Whole sector struggles on its growth outlook. He chose this one because, at 10x PE, it has the lowest valuation of the peer group. Massive hidden value with sports assets. Pretty robust dividend.

Opinion about XTRA-T: They use AI to detect weapons on attendees at a large event; it's faster than metal detectors. Could be used as stadiums and schools. Is watching them to see if they sign more contracts and raise profits. Could be a hockey stick of a stock if this tech catches on.

Opinion about CUP.U-T: Fortis owns 60%. Challenge is that hurricane comes through every once in a while. Good system. Rates of return are higher than you can get in Canada. He owns Fortis