stock pickers
RUBY TUESDAY INC., $7.84, symbol RT on New York, just announced a new plan to refocus its operations. Under this initiative, the company will discontinue three of the new restaurant concepts it was developing: it’s closing its 13 Marlin & Ray’s restaurants and its single Wok Hay location. It’s also selling its two Truffles Grill restaurants, which it operates under license. The company will keep 15 of its 17 newly launched Lime Fresh locations; it will close the remaining two. The plan is being carried out by J.J. Buettgen, whom Ruby Tuesday appointed as its new president and CEO in November 2012. Buettgen was formerly the chief marketing officer at Darden Restaurants (symbol DRI on New York). Darden is the world’s largest casual dining operator. The company hired him for his expertise in promoting multiple brands. As well, he has worked on turning around Darden’s well-established but underperforming Olive Garden and Red Lobster chains....
PLEASE NOTE: One week from today, on January 11, 2013, just after the stock market closes at 4:30 p.m. Toronto time, we will reveal our #1 Canadian Stock of 2013 to subscribers of The Successful Investor. Our #1 pick for 2012, CP Rail, has surged 54% in the past year and is still on the rise. You can be among the first to hear about our #1 Pick for 2013. Because you’re a loyal subscriber, we are happy to offer you a bargain-priced, no-risk introduction to The Successful Investor. It gives you the first month—and the 2013 Stock of the Year—FREE. But you must act now. Click here. LEON’S FURNITURE LTD. $13.55, symbol LNF on Toronto, has received approval from shareholders of The Brick (symbol BRK on Toronto) for its $700-million takeover of that company. The purchase will nearly double Leon’s market cap. The Brick operates 230 stores across Canada, while Leon’s has 76 outlets in every province except B.C. Leon’s and The Brick will continue to operate as separate chains....
Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a beginning or experienced investor, these weekly updates are designed to give you specific advice and insights, such as how we select our top stocks. Each Investor Toolkit update gives you a fundamental piece of investing strategy, and shows you how you can put it into practice right away. Today’s tip: “By using our ratings system, investors can make informed stock selections with a much better chance of success.” When subscribers to one of our four investment newsletters read about the stocks we recommend, they see a rating displayed with each stock. These are our TSINetwork ratings: Highest Quality, Above Average, Average, Extra Risk, Speculative and Start-up....
Some investors think the best way to profit in stocks is to buy them when they are just barely starting out on a growth phase they hope will last for years if not decades. Ideally, they want to buy the future top performers when they are still near or close to the penny stock range and have yet to be discovered by the broad mass of investors. And it’s true that when you buy penny stocks you could have a big payday if you make the right choice. But the odds against success are high. Penny stocks are almost always involved in riskier ventures, such as finding mineral deposits that can be mined at a profit, commercializing unproven technologies or launching new software....
PLEASE NOTE: This is our last Hotline for 2012. Our next Hotline will go out on Friday, January 4, 2013. AMAZON.COM INC., $256.92, symbol AMZN on Nasdaq, and ADOBE SYSTEMS INC., $37.71, symbol ADBE on Nasdaq, are part of a 12-company consortium that is buying bankrupt Eastman Kodak’s 1,100 digital-imaging patents for $525 million U.S. Other members of the consortium include Apple, Google, Samsung, Research in Motion, Microsoft, China’s Huawei, Facebook and Fujifilm....
Last week, we examined Precision Drilling (Toronto symbol PD) which, in the wake of the long slump in natural gas prices, has 84% of its rigs drilling for oil (view the article here). Today we look at an oil and gas producer that has also cut back on natural gas, although it still has a third of its production in gas. ZARGON OIL & GAS (Toronto symbol ZAR; www.zargon.ca ) produces natural gas and oil in Alberta, Manitoba, Saskatchewan and North Dakota. Its production is 67% oil and 33% gas....
Alimentation Couche-Tard $49.82, symbol ATD.B on Toronto, was our #1 pick for 2012 in Stock Pickers Digest at $30.55. Its shares are now up 63.1%.
Stock Pickers Digest Hotline. Friday, December 14, 2012 Dear client,...
WestJet (see left) was trading at $14.10 when we made it our #1 Stock of the Year for 2011. It was a year late getting started, but it’s now hitting new highs. Alimentation Couche-Tard $49.82, symbol ATD.B on Toronto, was our #1 pick for 2012 in Stock Pickers Digest at $30.55. Its shares are now up 63.1%. Canadian Pacific $98.57, symbol CP on Toronto, was our 2012 #1 pick for The Successful Investor at $69. It’s up 42.9%....
Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a new or experienced investor, these weekly updates are designed to give you specific investment advice, including stock trading advice that can help you reduce the risk of more aggressive investing. Each Investor Toolkit update gives you a fundamental piece of investing strategy, and shows you how you can put it into practice right away. Today’s tip: “Thin-trading stocks can produce good results if you can manage the risk and identify stocks with real growth prospects.”...
