Tap these two retailers for even more gains

Article Excerpt

North West Company and Alimentation Couche-Tard not only adapted to the pandemic—they thrived. And that has pushed both stocks to new all-time highs for our subscribers. We think both stocks are well-positioned to keep prospering in their markets, and they have lots of room to move even higher. Both stocks are buys. NORTH WEST COMPANY $36.30, is a buy. This retailer (Toronto symbol NWC; TSINetwork Rating: Extra Risk) (www.northwest.ca; Shares outstanding: 48.4 million; Market cap: $1.8 billion; Dividend yield: 4.0%) sells food, and everyday products and services through 244 stores. Those locations are mainly in northern communities across Canada and Alaska. Through your shares, you also tap the company’s operations in remote regions of Hawaii, the wider South Pacific and the Caribbean. In the quarter ended April 31, 2021, overall sales rose 7.0%, to $551.0 million from $592.6 million a year earlier. Solid gains in same-store sales—representing a 3.8% rise—were largely offset by lower sales in Giant Tiger outlets because of the…

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