Stock Pickers Digest Hotline – Friday, June 21, 2019

ALTAGAS LTD., $19.81, symbol ALA on Toronto, processes, transports, stores and markets natural gas for producers. The company also operates natural gas utilities; and it is a power generator, with gas-fired, coal-fired, wind, biomass and hydroelectric plants.

AltaGas recently opened Canada’s first marine propane export terminal… Read More

Acquisition and ecommerce pay off for Leon’s Furniture shareholders

Acquisition and ecommerce pay off for Leon’s Furniture shareholders

This furniture retailer quadrupled in size following a major acquisition and now has 217 locations across Canada.

The company’s increasing success with online sales has also contributed to spur its earnings, along with improved sales of higher-profit-margin furniture and appliances.


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LEON’S FURNITURE LTD. (Toronto symbol LNF;… Read More

Growth at a price

SHOPIFY INC. $227.53 (Toronto symbol SHOP; TSINetwork Rating: Extra Risk) (613-241-2828; www.shopify.ca; Shares outstanding: 110.6 million; Market cap: $25.1 billion; No dividend) offers merchants of all sizes Internet-based software to design, set up and manage stores across multiple sales channels.
In the three months ended December 31, 2018, and… Read More

These retailers have market presence

LEON’S FURNITURE LTD. $15.04 (Toronto symbol LNF; TSINetwork Rating: Average) (416-243-7880; www.leons.ca; Shares outstanding: 76.4 million; Market cap: $1.2 billion; Dividend yield: 3.7%) has steadily increased the number of stores under its Leon’s banner from 27 in 2003 to today’s 86.
In March 2013, the company nearly quadrupled in size… Read More

Shopify funds its future

SHOPIFY INC. $209.11 (Toronto symbol SHOP; TSINetwork Rating: Extra Risk) (613-241-2828; www.shopify.ca; Shares outstanding: 106.4 million; Market cap: $22.1 billion; No dividends paid) took advantage of its high stock price in December 2018 and sold 2.6 million shares to the public at $154 U.S. each ($208 Cdn.). That… Read More

Shopify goes to Europe

SHOPIFY $181.01 (Toronto symbol SHOP; TSINetwork Rating: Extra Risk) (613-241-2828; www.shopify.ca; Shares outstanding: 106.4 million; Market cap: $18.5 billion; No dividends paid) has bought Swedish e-commerce start-up company Tictail. Neither company has yet disclosed the purchase price.
Like Shopify, Tictail aims to bring trendy products to the marketplace by… Read More