The Canadian Investor Canadian Stocks We Like
Nov 28, 2024
The hosts dive into recent Q3 earnings from notable Canadian stocks, unpacking the impacts of economic trends on company performance. They explore the challenges of corporate acquisitions, particularly focusing on WSP and the dynamics within the Canadian market. Key investment insights reveal transformations, such as Shopify's shift to recurring revenue. Additionally, they discuss how tough economic times are reshaping consumer behavior and the resilience of companies like MDA Space. Stay tuned for a Black Friday promotion and portfolio updates!
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Couche-Tard's Cyclical Challenges
- Couche-Tard, a convenience store chain, faces headwinds from reduced consumer spending and travel.
- These factors impact both fuel sales and in-store purchases, contributing to weaker financial results.
WSP's Growth and Acquisition Strategy
- WSP Global, an engineering and consulting firm, demonstrates consistent organic growth and increasing margins.
- Their successful acquisition strategy and focus on infrastructure projects contribute to their strong performance.
Loblaw's Brand Portfolio Strategy
- Loblaw's diverse brand portfolio caters to various consumer segments, contributing to its resilience.
- Their success is partly attributed to the quality and consistency of their stores and in-house brands like President's Choice.