Soaring share price makes Dollarama an expensive buy

Soaring share price makes Dollarama an expensive buy

 In response to a direct “buy or not” question from a member of his Inner Circle, Pat McKeough takes a close look at Dollarama as it stands in 2017. A successful growth stock, Dollarama has risen more than 700% since it first began trading publicly. The… Read More

Profit from the fintech revolution

The growing use of technology in financial services has produced a high-growth industry—fintech. The companies involved provide a wide range of services, including digital payment systems, data analytics, process automation and investment management.
Here are two ETFs that aim to benefit from fintech. (See the supplement… Read More

Strong U.S. economy will spur them higher

These three U.S. lenders continue to benefit as the improving American economy lifts demand for new loans at higher interest rates. As well, more borrowers are repaying their loans on time. What’s more, all three continue to trade at low multiples to their projected earnings.
J.P…. Read More

Higher spending spurs Amex

AMERICAN EXPRESS CO. $107 (New York symbol AXP, Conservative Growth Portfolio, Finance sector; Shares outstanding: 860.1 million; Market cap: $92.0 billion; Price-to-sales ratio: 2.9; Dividend yield: 1.3%; TSINetwork Rating: Average; issued 2.9 million new charge and credit cards during the quarter ended June 30, 2018; there… Read More

Fast growth still in store for Dollarama

Fast growth still in store for Dollarama

Recently a Member of Pat McKeough’s Inner Circle asked for his thoughts on one of Canada’s most successful discount retailers.

Few chains have grown as fast as Dollarama or risen as sharply on the stock market. The company plans to have 1,700 stores in Canada… Read More

Q: Pat: What are your thoughts on Dollarama? Thanks.

A: Dollarama Inc., $148.34, symbol DOL on Toronto (Shares outstanding: 118.6 million; Market cap: $16.2 billion;, is Canada’s leading dollar-store operator, with 1,160 locations across the country.

The company’s revenue rose from $2.06 billion in 2014 to $2.33 billion in 2015 (fiscal years end January… Read More