InvestorsFriend Stock Performance 2016

InvestorsFriend Inc.’s performance – Year 2016
2016 was a good year as our four Strong Buys rose an average of 26.1% and our 24 stocks rated (lower) Buy or higher rose an average of 17.0%. By comparison, the TSX rose 17.5% and the S&P 500 rose 9.5%.
Group Beginning 2016 Price Starting Rating Ending 2016 Price Price Increase Our Performance
Average of 4 Strong Buys Strong Buy 26.1% Very Good
Average of 20 buys Buy 15.1% good
Average for all 24 buys and strong buys 17.0%
Average of 2 weak buys Weak Buy 4.9% good
Average of 1 weak sells Weak Sell -0.9% good
Average for all 3 Neutral ratings (weak buy or weak sell) 3.5%
Average of 2 Sells Sell 18.4% bad
Average of 1 Strong Sell Strong Sell 1% bad
Average Sell / Strong Sell 13%
Rated As – Strong Buy at January 1, 2016
Name Beginning 2016 Price Starting Rating  Ending 2016 Price  Price Increase Our Performance
Canadian Western Bank (CWB, Toronto)                    23.38   Strong Buy            30.34 30% very good
Boston Pizza Royalties Income Fund (BPF.un, Toronto)                    17.93  Strong Buy            22.83 27% very good
TransForce Inc. (TFI, Toronto)                    23.61  (lower) Strong Buy            34.89 48% very good
MELCOR DEVELOPMENTS LTD. (MRD, Toronto)                    14.56  Strong Buy            14.50 0% bad
Average Strong buy Strong buy 26.1% very good
4
Rated As  – Buy
Name Beginning 2016 Price Rating to start 2016  Ending 2016 Price  Price Increase Our Performance
Bank of America Corporation  (BAC, New York)                    16.83   (higher) Buy            22.10 31% very good
Toll Brothers Inc. (TOL, New York)                    33.30  (higher) Buy            31.00 -7% bad
Wells Fargo (WFC, United States)                    54.36  (higher) Buy            55.11 1% good
Berkshire Hathaway Inc. (BRKB, New York)                  132.04   (higher) Buy          162.98 23% very good
RioCan Real Estate Investment Trust (REI.UN, Toronto)                    23.69  Buy            26.63 12% good
Stantec Inc. (STN, Toronto and New York)                    34.32  Buy            33.92 -1% bad
FedEx (FDX,NY)                  148.99  Buy          186.20 25% very good
Canadian National Railway Company (CNR, Toronto CNI, New York)                    77.35   Buy            90.36 17% good
AutoCanada Inc.                    24.15  Speculative Buy            23.12 -4% bad
Bombardier Series 4 Preferred Shares (BBD.PR.C, Toronto)                    12.66  Highly Speculative Buy            17.49 38% very good
Element Financial Corporation (EFN, Toronto)                    16.70   Speculative Buy            15.76 -6% bad
Agrium Inc. (AGU, Toronto and U.S.)                    89.34  Speculative Buy          100.55 13% good
Bombardier (BBD.B, Toronto)                      0.97  Highly Speculative (lower) Buy             1.61 66% very good
Constellation Software Inc. (CSU, Toronto)                  416.97  Speculative (lower) Buy          453.99 9% good
Wal-Mart (WMT, New York)                    61.30  (lower) Buy            69.12 13% good
Canadian Tire (CTC.a, TO)                  118.16  (lower)  Buy          139.27 18% good
Alimentation Couche-Tard Inc., ATD.B                    60.91  (lower) Buy            60.88 0% bad
American Express Company (AXP, New York)                    69.55  (lower) Buy            74.08 7% good
Onex Corporation (OCX, Toronto)                    61.31  Speculative (lower) Buy            68.00 11% good
Preferred Shares of RioCan Real Estate Investment Trust (REI.PR.A, Toronto)                    18.26  (lower) Buy            25.00 37% very good
Average Buy Buy 15.1% good
20
 Rated As Weak Buy
Name Beginning 2016 Price Rating to start 2016  Ending 2016 Price  Price Increase Our Performance
VISA (V)                    77.55  Weak  Buy            78.02 1% good
Wells Fargo Preferred                    25.25  Weak Buy / Hold            23.00 -9% bad
Dollarama Inc. (DOL, Toronto)                    79.94  Weak Buy            98.38 23% very good
Average Weak Buy Weak Buy 4.9% good
3
Rated As – Weak Sell
Name Beginning 2016 Price Rating to start 2016  Ending 2016 Price  Price Increase Our Performance
Costco (COST, New York)                  161.50  Weak Sell          160.11 -1% good
Average Weak Sell Weak Sell -0.9% good
1
 Rated As  – Sell
Name Beginning 2016 Price Rating to start 2016  Ending 2016 Price  Price Increase Our Performance
Liquor Stores N.A. Ltd. (LIQ, Toronto)                      8.37  Sell            10.53 26% very bad
Amazon.com Inc.                  675.89  Sell          749.87 11% bad
Average Sell Sell 18.4%
2
 Rated As  – Strong Sell
Name Beginning 2016 Price Rating to start 2016  Ending 2016 Price  Price Increase Our Performance
Liquor Stores N.A. Ltd. April 30 2018 subordinated Convertible ( at $24.90) debentures (LIQ.DB.A, Toronto)                  100.00  Strong Sell          101.25 1% bad
DISCLAIMER: All stock ratings presented are “generic” in nature and do not take into account the unique circumstances and risk tolerance and risk capacity of any individual. The information presented is not a recommendation for any individual to buy or sell any security. The authors are not registered investment advisors and the information presented is not to be considered investment advice to any individual. The reader should consult a registered investment advisor or registered dealer prior to making any investment decision. For ease of writing style the newsletter and articles are often written in the first person. But, legally speaking, all information and opinions are provided by InvestorsFriend Inc. and not by the authors as individuals. The author(s) of this report may have a position, as disclosed in each report. The authors’ positions may subsequently change without notice.
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