These three stocks are now sells

Long-time readers know that we are constantly reevaluating our stock picks. Below are three stocks we think you should sell.

Two of these companies face problems that will weigh on them for the foreseeable future. The third is a thin-trading stock that has moved up recently… Read More

Big jump for Accord

ACCORD FINANCIAL CORP. $7.51 (Toronto symbol ACD; SI Rating: Speculative) (416-961-0007; www.accordfinancial. com; Shares outstanding: 9.4 million; Market cap: $70.6 million) is up over 36% since it reported improved results in the latest quarter. The company also raised its dividend.

In the three months ended June… Read More

Stock Pickers Digest Hotline – Friday, August 20, 2010

LOJACK CORP., $3.55, symbol LOJN on Nasdaq, sells systems that help track and recover vehicles after they’ve been stolen. Lojack sells its products in the U.S. and 30 other countries. The company’s Canadian subsidiary is Boomerang Tracking.

In the three months ended June 30, 2010,… Read More

Stock Pickers Digest Hotline – Friday, May 7, 2010

DOREL INDUSTRIES, $37.20, symbol DII.B on Toronto, reports that its earnings jumped 34.5% in the three months ended March 31, 2010, to $1.13 a share from $0.84 a year earlier. (All figures except share price in U.S. dollars.) Revenue rose 13.5% to $596.3 million from… Read More

Low p/e buys with good yields

ACCORD FINANCIAL CORP. $6.19 (Toronto symbol ACD; SI Rating: Speculative) (416-961-0007; www.accordfinancial.com; Shares outstanding: 9.4 million; Market cap: $58.2 million) is in the factoring business in Canada and the U.S. Factoring is the purchase of a company’s accounts receivable at a discount. Accord profits by… Read More

Profiting From Tight Credit

ACCORD FINANCIAL CORP. $7.00 (Toronto symbol ACD; SI Rating: Speculative) (416-961-0007; www.accordfinancial.com; Shares outstanding: 9.6 million; Market cap: $66.9 million) operates mainly in the factoring business in Canada and the U.S. Factoring is the purchase of a company’s accounts receivable at a discount. Accord profits… Read More

Profiting From Bank Rejects

ACCORD FINANCIAL CORP. $7.90 (Toronto symbol ACD; SI Rating: Speculative) (416-961-0007; www.accordfinancial.com; Shares outstanding: 9.4 million; Market cap: $74.3 million) is in the factoring business in Canada and the U.S. Factoring is the purchase of a company’s accounts receivable at a discount. Accord profits by… Read More