FirstService Corp.

Toronto symbol FSV, operates in the real estate services market, providing services in the following areas: commercial real estate; residential property management; and property improvement.

Most stocks have dropped in the current market downturn, but we feel top-quality shares will be among the first to rebound. However, some, including Nissan, have severe problems in their markets that will likely block recovery anytime soon. Others, like Luckin Coffee, have big internal issues that limit their growth prospects ahead....
Alimentation Couche-Tard has rewarded our subscribers with big gains over the years. We first recommended it in our December 2008 issue at $15.50. Since then, the stock has split 3-for-1 and 2-for-1. That takes our cost down to $2.58 a share—which gives you a scintillating 1,363.6% gain!


The stock has dropped recently from the all-time high of $46.10 it hit in February of 2020....
Amazon.com has now jumped to a new all-time high for our subscribers, including a 42% bounce from the bottom it reached during the recent downturn.


Investors now realize, more than ever, that the company’s dominance in e-commerce—through its aggressive retail strategies, massive distribution power and strong Prime program—will continue to build momentum in the wake of the coronavirus.


Furthermore, it continues to solidify its dominance in the cloud through its Amazon Web Services unit; its investment in Alexa virtual assistant AI technology further sets it up for a major role in the use of voice interfaces by individual consumers but also e-commerce retailers.


AMAZON.COM INC....
Thermo Fisher’s shares have bounced back from their drop during the March market meltdown. They’re now up 22.1% over the last year.


The fundamentals that made Thermo Fisher a good investment before the COVID-19 downturn remain. And now, the company has just received FDA approval for its coronavirus test....
The shares of CGI, Canada’s largest provider of computer outsourcing services, have dropped about 30% in the past month due to the COVID-19 outbreak. That in part reflects the pandemic’s role in limiting visits by the company’s representatives to both existing and prospective clients.


However, the company is in a strong position to survive the crisis, and thrive again when the economy rebounds....
Slack Technologies’ software plays into a rapidly expanding modern trend—remote working. That trend has only gathered strength with the big swing in work-from-home spurred by the COVID-19 virus.


However, we liked this Power Buy before the current crisis, and we still like it now for its strong future potential.


SLACK TECHNOLOGIES INC....
Domino’s soared to a new all-time high of $382 in mid-February. But even with the recent market fall, it has only dropped to where it was before that leap. The jump came from a stellar quarter of earnings spurred by changes that, coincidentally, will serve it very well in the current “social distancing” environment.


DOMINO’S PIZZA $290.00 (New York symbol DPZ; TSINetwork Rating: Average) (www.dominos.com; Shares o/s: 39.0 billion; Market cap: $11.3 billion; Divd....
Since COVID-19, Texas Roadhouse has dropped along with the market, but we think it’s well-positioned to weather the storm and then bounce back even stronger.


As concern over the COVID-19 virus spreads, it’s highly likely that people will visit restaurants less....
Subscriber update on April 3, 2020

We now see Luckin Coffee as a sell. The stock has dropped sharply on news that the company’s board of directors is investigating reports that senior executives and employees engaged in financial misconduct. Luckin is looking into allegations that chief operating officer Jian Liu and other employees reporting faked sales transactions amounting to $310 million.
The company’s long-term business model appears intact, and while the allegations are serious, the huge drop may more reflect today’s extremely volatile markets rather than the impact of the potential misconduct....
Adobe has dropped 24.3% from the all-time peak of $389 it reached in February 2020. Even so, it’s still up 16% over the last year, and up a spectacular 5,900.2% since we first recommended it in July 1998.


In 2011, the software provider was one of the first to end sales of boxed software and move its products to a software-as-a-service model....