Author Topic: Stock Pick For 2018  (Read 7187 times)

rkbabang

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Re: Stock Pick For 2018
« Reply #30 on: January 02, 2018, 07:42:26 AM »
GXE and other cheap oil stocks. Set to outperform at current prices and to do extremely well with higher prices.

That's what I thought about 2017...

Eventually you will be correct.  I'm not sure it will be 2018 though.


tombgrt

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Re: Stock Pick For 2018
« Reply #31 on: January 02, 2018, 08:33:07 AM »
GXE and other cheap oil stocks. Set to outperform at current prices and to do extremely well with higher prices.

That's what I thought about 2017...

Not me. Divergence between stocks, fundamentals and oil prices has become much higher. But I have been long GXE for some time now as well. ;)

mwtorock

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Re: Stock Pick For 2018
« Reply #32 on: January 02, 2018, 06:43:46 PM »
AZO - tax cut tailwind and cold weather will help to outperform

SafetyinNumbers

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Re: Stock Pick For 2018
« Reply #33 on: January 11, 2018, 05:12:09 AM »
I'm finding value in small/micro cap commodity/energy stocks.

Two that trade below 2x FTM EV/EBITDA are GCM.TO and ASND.TO. The former being a gold company in Colombia and the latter being zinc in Honduras. Both are growing and will be free cash flow positive next year at current commodity prices.

On the energy side, PPR.TO, trades at closer to 4x EV/EBITDA but have giant catalysts worth potentially more than the EV of the company in a NAFTA lawsuit (that has already had its arbitration hearing) and legalization of Quebec Shale development where they have huge acreage but have booked zero reserves.

Perhaps a third each for one 2018 pick!

ASND.TO just put out 2018 guidance this morning. The company has a market cap of US$45m and their guidance is EBITDA of US$32-40m and FCF of US$14-20m. Iím not sure what the right multiple is but it seems too low right now or even up 50% from here.

https://web.tmxmoney.com/article.php?newsid=6899444052652449&qm_symbol=ASND
ELF IAM GCM.DB.U/DB.V/DB.X PIF C.N

york

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Re: Stock Pick For 2018
« Reply #34 on: January 11, 2018, 10:40:41 AM »
Black Diamond Group - BDI.TO
They became very good looking around $2/share in October, still good looking @ $2.60 today. 2018 should be a good year for them.