Leon’s profit rose despite COVID-19

Leon’s profit rose despite COVID-19

Cost controls, including staff layoffs, helped this company generate a 33.3% earnings increase in the latest quarter.

The firm continues to grow its e-commerce revenue to compensate for brick-and-mortar store closures due to COVID-19.

LEON’S FURNITURE LTD. (Toronto symbol LNF; www.leons.ca) had to shut down most of… Read More

Q: Hello, TSI. Thank you for your thoughtful advice during this interesting time. What is your opinion of Shopify? Is now a good time to buy? Thank you.

A: Shopify, $885.83, symbol SHOP on Toronto (Shares outstanding: 111.5 million; Market cap: $98.8 billion; www.shopify.ca), offers merchants of all sizes Internet-based software to design, set up and manage stores across multiple sales channels.

Most of the company’s revenue comes from subscription services, with smaller clients… Read More

COVID-19 can’t diminish its appeal

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… Read More

Here are four new aggressive buys for you: FirstService Corp., Colliers International Group Inc., Stantec Inc. and Leon’s Furniture

We’re promoting four stocks from our Power Growth Investor newsletter to our Successful Investor Aggressive Growth Portfolio. The move reflects their now-large market caps and their established dividend histories. That means they now warrant your consideration.
While they remain riskier than many of our TSI recommendations, these four are leaders… Read More