North West Company (NWC.TO)

This has pulled back considerably from its highs. A leading retailer, particularly in Northern Canada, plus they offer a chain of discount stores called Giant Tiger and Cost U Less. They are also in the Caribbean, Alaska and South Pacific. Dividend yield of 4.93%.

They own a whole bunch of specialty food stores in the Northeast. He just sold his holdings earlier this month. It is holding in at around $26 and he is looking for a re-entry at around $25.83. The bottoming process however, can take several months.

(Market Call Minute) He likes the sector but does not know the economy of the North at present.

They meet his criteria. He likes the company. They are exposed to the cyclical nature of the resource space. The dividend yield is attractive. He would look at holding it for a long time. Get it below $30.

This is in a very unique niche. They serve parts of remote locations and are the only player in town. A very good business, but he is being very cautious on how much he is willing to pay. Hopes he gets it into his fund when he thinks he is getting paid to take the risk.

He has had it for some time. He likes it longer term, but does not think it is a buy at today’s levels. Things have slowed down in the economy of the north. The dividend is safe. If the price of the stock went too much higher he would consider taking some off the table.

(A Top Pick June 16/14. Up 4.61%.) Has pulled back a little bit recently and at current price levels, he would almost consider adding more.

A relatively unique company because of their locations. 4.9% yield. A nice steady income stock. He does not like the valuation that much.

This is a chart that is most definitely breaking down. It broke the trend earlier this year and it did so definitively. Give it a couple of days and if it stays below $22.50, then it will continue down.

Has been watching this for quite some time, and it has been riding one of his technical break points at about 4X BV for a long, long time. However, when he looks at his FMV metric, earnings have not really been going anywhere. What happens is that the balance sheet gets a bit bigger and bigger and FMV has been slipping. The stock gave him a technical Sell signal.

Managed to elude the proxy fight. One of Canada’s oldest companies. At any given time parts of it are working less well. Bad weather and less mining activity have affected far north business. As the economy improves he expects to see the stock price improve. It is a reasonable place to re-enter.

Expensive, but well managed. They made an acquisition in the Caribbean. There are barriers to entry due to geography. If you are going to invest in a retailer this is interesting, but the stock has never been cheap.

This is not so much a trending stock but more of a trading stock. Choppy uptrend but a whole lot of movement during that uptrend. Still on trend, but as typical with the stock, it is pulling back. You have to be able to handle this kind of volatility.

(A Top Pick Nov 22/11. Up 27.46%.) Still likes. Has managed decent same-store sales growth. Not overvalued yet.