Hi Pat and friends: I’m rebalancing my portfolio and would like to add another auto related stock (I already hold your recommendation Linamar). What is your opinion of LKQ Corp. listed on Nasdaq. Always appreciate your advice in the newsletters. Thanks.

A: LKQ Corp., $32.10, symbol LKQ on Nasdaq (Shares outstanding: 306.7 million; Market cap: $9.9 billion; www.lkqcorp.com), sells replacement parts for cars and light trucks in North America and Europe.

The company does not manufacture these parts. Instead, it buys wrecked vehicles at auctions and distributes… Read More

Stock Pickers Digest Hotline – Friday, May 27, 2016

EXTENDICARE INC., $8.69, symbol EXE on Toronto, owns 64 senior-care facilities that can house 8,464 residents—both long- and short-term. It manages another 54 residences that are home to 6,426 seniors.

Extendicare also operates 47 ParaMed Home Health Care branches in six provinces. ParaMed’s 10,900 staff members… Read More

Wall Street Stock Forecaster Hotline – Friday, May 27, 2016

HEWLETT-PACKARD ENTERPRISE CO., $18.25, New York symbol HPE, sells computing services and products, such as servers and analytics software, to businesses and governments.

The stock jumped over 15% this week after the company announced that it would spin off its Enterprise Services business and merge it… Read More