Topic: How To Invest

Stock Pickers Digest Hotline – Friday, December 15, 2017

Article Excerpt

BMTC GROUP INC., $16.19, symbol GBT on Toronto, has 36 outlets and is one of Quebec’s biggest retailers of furniture, electronics and appliances. The company mainly sells these items through two chains: Brault & Martineau and Ameublements Tanguay. BMTC will now change its fiscal year end to January 31 from December 31. That brings it in line with most other retailers. December 31 is typically too close to the heaviest selling season. That means retailers may have a more difficult time producing annual financial statements and counting inventories as most of their attention and resources are focused on the sales floor. OUR RECOMMENDATION: BMTC Group is a hold. BMTC Group recent coverage Hotline for November 10, 2017 August 2017 issue SHERRITT INTERNATIONAL CORP., $1.50, symbol S on Toronto, is now focused on nickel production, with operations in Cuba and Canada. The company’s shares have almost doubled since mid-August 2017 on higher nickel prices. As well, it has restructured its holding in the Ambatovy nickel mine in Madagascar,…