Q: Pat: What is your advice on Stella-Jones? Thanks.

A: Stella-Jones Inc., $49.48, symbol SJ on Toronto (Shares outstanding: 69.3 million; Market cap: $3.4 billion; www.stella-jones.com), is a manufacturer of pressure-treated wood products. They include railway ties (35% of sales); utility poles (33%); treated lumber products for the residential construction market (21%); general-purpose logs… Read More

Growth Stocks: Gains ahead for Russel Metals

Growth Stocks: Gains ahead for Russel Metals

The metal distributor experienced an earnings turnaround in the latest quarter thanks to rising steel prices.
RUSSEL METALS (Toronto symbol RUS; www.russelmetals.com) is one of North America’s largest metal distributors. It serves over 28,000 clients at 51 locations in Canada and 12 in the U.S.
In the… Read More

Growth Stocks: Sales slide for Stella-Jones Inc.

Growth Stocks: Sales slide for Stella-Jones Inc.

Pat McKeough recently replied to a member of his Inner Circle asking for an opinion on the niche lumber specialist. The company’ s seen earnings and sales slip on weak demand, but the it also faces another significant risk, says Pat.
Q: Hello: This is… Read More

Q: Hello: This is my first inquiry since joining the Inner Circle. What is your advice on Stella-Jones? Thanks and regards.

A: Stella-Jones Inc., $38.24, symbol SJ on Toronto (Shares outstanding: 69.2 million; Market cap: $2.7 billion; www.stella-jones.com), makes pressure-treated wood products. They include: railway ties (36% of sales); utility poles (32%); treated lumber products for the residential market (21%); lumber for industrial uses such as… Read More

Pat: Could I please have your recommendation on Stella-Jones? Thank you.

Stella-Jones Inc., $49.00, symbol SJ on Toronto (Shares outstanding: 69.1 million; Market cap: $3.4 billion; www.stella-jones.com), makes pressure-treated wood products. They include: railway ties (45% of sales); utility poles (34%); treated lumber products for the residential market (12%); lumber for industrial uses such as construction… Read More

Stella-Jones builds on its niche markets with acquisitions

Pat McKeough responds to many requests from members of his Inner Circle for specific advice on stocks to buy as well as questions on investment strategy and the economy. Every week, his comments and recommendations on the most intriguing questions of the past week go… Read More