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TSE:WN

George Weston Ltd. (WN.TO)

101.34
-2.00 (1.94%)
as of Jun 19, 2026, 8:00:00 pm Market Open.
107 watching
0
BUY
He owns L-T, which is a major holding. They sold major bakery in US and have not done anything with the cash. He thinks it is a reasonable investment.
DON'T BUY
Preferreds. There are cheaper blue chips such as CIBC (CM-T).
COMMENT
Preferred A's. Decent yield but it's fixed so it won't go up. Has a lot of cash from selling off a lot of assets in the last few years.
TOP PICK
Controls Loblaw (L-T). Systemic problems have largely been addressed. Big cash horde. Can strategically make acquisitions. Demonstrated they have a real discipline. People should be rewarded nicely over the next couple of years.
COMMENT
Consumers staples have had a bit of a renaissance. Many of the staples have made 52 week highs, but this one hasn’t. You might as well stay with it during this run up. Safe play is still ongoing. Once it starts to peek out, consider reducing.
HOLD
Loblaws (L-T) reported earnings that were very strong. Technological efficiencies and cost cutting at Loblaws could continue to be a positive. Margins could be a problem.
DON'T BUY
You have Loblaws that might not be able to pass through price increases and the bread side may not be able to either. Sales are down 0.8% also. Not surprised stock reacted negatively.
TOP PICK
Very defensive play. Little bit of a dividend as well. Good solid play for this time of the year.
DON'T BUY
He would see other places to deploy his capital. They are a solid company but he is not so comfortable some of the corporate moves on the M&A side. Thinks they will have some challenges.
BUY
Should have fallen by the amount of the dividend. What happened was you got a turnover in the type of holder. Some of the fast money that might have been in there was exiting. Now you would expect value guys to step up and buy it. It’s worth looking at, as it is getting interesting.
WEAK BUY
Forth quarter comes up in a fe days. You will do ok. Food inflation has not really hit them yet with raising grain prices. A great company to own. 45% of Loblaw. Well run company, lot of free cash flow. They like to make acquisitions. Not his favourite in the space and he things he should own it but own it.
COMMENT
Stock came off when after issuing a huge dividend. Under performed a further $2-$3 since. Owns 71% of Loblaws (L-T) and if you take this out you have the value of the bread and bakery business along with their cash. Not a great growth company.
WEAK BUY
Just paid out a special dividend. You have to pay more tax on these dividends, which take the stock price down. Weston is a great baker in a very competitive business. Transportation costs have been rising recently. Great balance sheet. You probably can’t get hurt a lot. It’s not an exciting story. Would be a solid investment in the low $60s
COMMENT
Stable and well managed. Has had some very good runs in the last year. Doesn’t want to be in this sector right now.
COMMENT
Food price inflation is coming through but that’s not much of a headwind for Loblaws (L-T) as they have to be able to pass through price increases to the customers. Non-Loblaws related food business has some growth but it’s slowed down and can’t see the multiple going up. 5% growth and low risk investment, so if you’re comfortable with that, it is fine. Good dividend.
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