Top 5 Canadian Stocks To Invest In 2019

On Monday, Morgan Stanley (NYSE:MS) announced it was purchasing Canadian stock plan administrator Solium Capital for $900 million, and let’s be honest: Before this week, odds are you’d never heard the name of the target company before. Unless you work for a young company yourself, that is — Solium handles stock plans and provides financial reporting and compliance services primarily for start-ups. So as an investor, why should this interest you?

In this segment from MarketFoolery, analyst Abi Malin talks to host Chris Hill about three factors in particular that cause her to view this deal favorably: the opportunities it brings to Morgan Stanley, why the timing of this deal is interesting, and why Morgan Stanley is likely interested in Solium’s client base.

A full transcript follows the video.

This video was recorded on Feb. 11, 2019.

Chris Hill: Morgan Stanley is buying Solium Capital for $900 million. Solium Capital, based in Alberta, Canada, prepares stock plans for startup companies. Shares of Solium are up 42% today. Good for those folks.

Top 5 Canadian Stocks To Invest In 2019: Plains All American Pipeline L.P.(PAA)

Advisors’ Opinion:

  • [By ]

    The market has pummeled master limited partnerships (MLPs) over the past few years due to the impact the oil market downturn had on their operations and business model. Among the hardest-hit have been oil pipeline MLP Plains All American Pipeline (NYSE:PAA) and gas pipeline giant Energy Transfer Partners (NYSE:ETP), both of which have lost more than half their value over the last three years. That persistent slump comes even though their turnaround strategies are beginning to gain steam. While these companies still have some work to do before they’re back on solid ground, both could deliver significant returns as they complete their plans and the oil market continues rebounding over the next few years. That upside potential makes them compelling options for investors with a higher tolerance for risk.

  • [By Matthew DiLallo]

    On a more positive note, pipeline companies are building new lines as fast as they can. Plains All American Pipeline (NYSE:PAA) is working to accelerate the development of its two oil pipeline projects to get them into service sooner than the current timeline of January 2019 for its Sunrise project and the early part of next year’s fourth quarter for partial service of Cactus II. Plains All American Pipelines is doing that by incurring additional costs to expedite material deliveries and vendor services as well as installing temporary generators until permanent utility power is in place. However, even though pipeline companies like Plains All American are working as fast as they can, the industry’s capacity problems likely won’t go away until the end of next year when the first wave of new pipelines enter service.

  • [By Matthew DiLallo]

    One oil midstream company that meets all these criteria is Plains All American Pipelines (NYSE:PAA). While the oil pipeline MLP did struggle during the recent oil market downturn, it’s working to address those issues, which positions it to deliver better returns for investors in the coming years. Among the problems it’s fixing is its balance sheet, with Plains’ aim to get its leverage ratio to less than 4.0 times by early next year. Meanwhile, the company has invested heavily in strengthening its portfolio of fee-bearing assets so that long-term contracts now support 90% of its earnings. Finally, Plains only expects to pay out about 60% of its cash flow to support its high-yield dividend in 2018, which is an ultra-conservative level for an oil pipeline stock.

  • [By Matthew DiLallo]

    The market has pummeled master limited partnerships (MLPs) over the past few years due to the impact the oil market downturn had on their operations and business model. Among the hardest-hit have been oil pipeline MLP Plains All American Pipeline (NYSE:PAA) and gas pipeline giant Energy Transfer Partners (NYSE:ETP), both of which have lost more than half their value over the last three years. That persistent slump comes even though their turnaround strategies are beginning to gain steam. While these companies still have some work to do before they’re back on solid ground, both could deliver significant returns as they complete their plans and the oil market continues rebounding over the next few years. That upside potential makes them compelling options for investors with a higher tolerance for risk.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Plains All American Pipeline (PAA)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 5 Canadian Stocks To Invest In 2019: Safeway Inc.(SWY)

Advisors’ Opinion:

  • [By Jim Robertson]

    Large and small cap junior miners have long been interested in the region due to Goldcorp’s Éléonore mine being located in the heart of the territory along with the Troilus mine (which has produced over 2 million ounces of gold from 1997-2010 and is estimated to have another remaining 2 million ounces of reserves). The Otish Mountains area has also attracted attention following the discovery of diamonds by Stornoway Diamond Corporation (TSX: SWY) at their Renard diamond mine (projected to produce 1.5-2 millions carats per year).

  • [By Logan Wallace]

    Stornoway Diamond (TSE:SWY) is scheduled to post its quarterly earnings results before the market opens on Tuesday, August 14th.

    Stornoway Diamond (TSE:SWY) last announced its earnings results on Tuesday, May 15th. The company reported C($0.01) EPS for the quarter. Stornoway Diamond had a negative net margin of 6.15% and a negative return on equity of 1.78%. The business had revenue of C$55.95 million for the quarter.

  • [By Jim Robertson]

    In addition, Goldcorp’s (NYSE: GG) Éléonore mine in the heart of the territory along with the Troilus mine (which produced over 2 million ounces of gold from 1997-2010 and is estimated to have another remaining 2 million ounces of reserves) are helping to maintain the interest of junior exploration companies in nearby properties. The same can be said about the Otish Mountains area following the discovery of diamonds by Stornoway Diamond Corporation (TSX: SWY) at their Renard diamond mine which is projected to produce 1.5-2 millions carats per year.

Top 5 Canadian Stocks To Invest In 2019: Valeant Pharmaceuticals International Inc(VRX)

Advisors’ Opinion:

  • [By Shane Hupp]

    Korea Investment CORP cut its position in shares of Valeant Pharmaceuticals (NYSE:VRX) (TSE:VRX) by 46.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 126,736 shares of the specialty pharmaceutical company’s stock after selling 109,300 shares during the quarter. Korea Investment CORP’s holdings in Valeant Pharmaceuticals were worth $2,948,000 at the end of the most recent reporting period.

  • [By Logan Wallace]

    Valeant Pharmaceuticals International Inc (NYSE:VRX) (TSE:VRX) – Analysts at Jefferies Group reduced their Q3 2018 earnings per share (EPS) estimates for shares of Valeant Pharmaceuticals International in a research report issued to clients and investors on Tuesday, May 8th. Jefferies Group analyst D. Steinberg now anticipates that the specialty pharmaceutical company will earn $0.70 per share for the quarter, down from their prior forecast of $0.73. Jefferies Group currently has a “Buy” rating and a $23.00 target price on the stock. Jefferies Group also issued estimates for Valeant Pharmaceuticals International’s Q4 2018 earnings at $0.71 EPS and FY2022 earnings at $5.50 EPS.

  • [By Chris Lange]

    When Valeant Pharmaceuticals International Inc. (NYSE: VRX) reported its most recent quarterly results before the markets opened on Wednesday, the company said that it had $0.98 in earnings per share (EPS) on $2.16 billion in revenue. That compares with consensus estimates from Thomson Reuters that called for $0.97 per share and $2.18 billion. The fourth quarter of last year reportedly had EPS of $1.26 and $2.4 billion in revenue.

  • [By Jim Crumly]

    As for individual stocks, Alphabet’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google unit is taking a big stake in Chinese e-commerce by buying a piece of JD.com (NASDAQ:JD), and Valeant Pharmaceuticals International (NYSE:VRX) received some unwelcome news from the FDA.

  • [By Chris Lange]

    Valeant Pharmaceuticals International Inc. (NYSE: VRX) has a PDUFA date set for May 13. Specifically, this is for its New Drug Application for Plenvu (NER1006), which was licensed by Salix from Norgine in August 2016 for introduction to the U.S. market. Plenvu is a next-generation bowel cleansing preparation for colonoscopies.

  • [By Lisa Levin] Gainers
    Euro Tech Holdings Company Limited (NASDAQ: CLWT) shares climbed 70.3 percent to $5.45 after reporting 2017 year-end results.
    MEDIGUS Ltd/S ADR (NASDAQ: MDGS) surged 39.8 percent to $1.58 in reaction to its Monday announcement of a distribution agreement. The medical device company said it reached an agreement to distribute its minimally invasive medical devices in Turkey, Azerbaijan and Georgia.
    Arcadia Biosciences, Inc. (NASDAQ: RKDA) gained 25.6 percent to $11.50. Arcadia Biosciences reported that Albert D. Bolles, Ph.D. has joined its board of directors.
    Aytu Bioscience Inc (NASDAQ: AYTU) shares jumped 21.8 percent to $0.4798 after the company late Monday reported lighter-than-expected Q1 loss.
    Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) shares gained 21.1 percent to $26.77 following Q3 results.
    Pfenex Inc. (NYSE: PFNX) rose 16.8 percent to $7.1271 after the company announced the positive top-line PF708 study results in Osteoporosis patients that showed no imbalances in severity or incidence of adverse events.
    MEI Pharma, Inc. (NASDAQ: MEIP) rose 13.8 percent to $2.88.
    Red Violet, Inc. (NASDAQ: RDVT) jumped 13.1 percent to $6.41 after reporting Q1 results.
    SORL Auto Parts, Inc. (NASDAQ: SORL) shares gained 12 percent to $5.87 after reporting upbeat Q1 results.
    Bovie Medical Corporation (NYSE: BVX) gained 8.4 percent to $3.96 after reporting a first-quarter sales beat.
    Rosehill Resources Inc. (NASDAQ: ROSE) surged 8.4 percent to $7.90 after announcing Q1 results.
    LiqTech International, Inc. (NASDAQ: LIQT) rose 8.1 percent to $0.5171 following Q1 results.
    ProPhase Labs, Inc. (NASDAQ: PRPH) rose 7.7 percent to $5.6103 following Q1 results.
    Nine Energy Service, Inc. (NYSE: NINE) shares climbed 7.4 percent to $35.90.
    Xenon Pharmaceuticals Inc. (NASDAQ: XENE) rose 6.7 percent to $6.40 after the company presented XEN901 Phase 1 clinical update and XEN1101 TMS pharmacodynamic Phase 1 data.
    MYnd

Top 5 Canadian Stocks To Invest In 2019: Credit Suisse Group(CS)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Commerzbank Aktiengesellschaft FI trimmed its position in shares of Credit Suisse Group AG (NYSE:CS) by 4.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 84,931 shares of the financial services provider’s stock after selling 4,100 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Credit Suisse Group were worth $1,264,000 at the end of the most recent quarter.

  • [By Max Byerly]

    HSBC set a €27.00 ($32.14) price objective on AXA (EPA:CS) in a research report released on Wednesday. The firm currently has a buy rating on the stock.

  • [By Ethan Ryder]

    Credits (CS) is a distributed proof-of-stake (dPOS) token that uses the DPoS hashing algorithm. It was first traded on February 28th, 2015. Credits’ total supply is 249,471,071 tokens and its circulating supply is 137,958,656 tokens. Credits’ official message board is medium.com/@credits. The official website for Credits is credits.com/en. Credits’ official Twitter account is @creditscom and its Facebook page is accessible here. The Reddit community for Credits is /r/CreditsOfficial and the currency’s Github account can be viewed here.

  • [By Joseph Griffin]

    AXA (EPA:CS) has been assigned a €27.00 ($31.40) target price by investment analysts at Deutsche Bank in a research report issued on Monday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price target indicates a potential upside of 18.42% from the company’s current price.

Top 5 Canadian Stocks To Invest In 2019: Chipotle Mexican Grill Inc.(CMG)

Advisors’ Opinion:

  • [By Chris Hill]

    Hill: Shares of Chipotle (NYSE:CMG) up 4% this week after a solid second quarter report. Chipotle’s same-store sales were up due to higher average tickets. David, foot traffic down a little bit, but it looks like Chipotle is exercising a little bit of pricing power.

  • [By ]

    Chipotle Mexican Grill Inc. (CMG) investors are having a very good day. 

    The stock is up 24% Thursday, April 26, following a redemptive first-quarter earnings release under brand-new CEO Brian Niccol. As of 3pm, the stock was trading at $422.70.

  • [By Stephan Byrd]

    Renaissance Technologies LLC increased its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 92.3% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 223,100 shares of the restaurant operator’s stock after purchasing an additional 107,100 shares during the period. Renaissance Technologies LLC’s holdings in Chipotle Mexican Grill were worth $96,239,000 as of its most recent filing with the Securities & Exchange Commission.

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