Dollarama is updated and rated Weak Buy / Hold at $87.78. It’s a great company. They have built a fantastic business. But the stock price is high now and does not seem attractive to me.
On Friday the S&P 500 was up 0.5% and Toronto was up 0.1%. Most of our stock picks were up. Toll Brothers was up 2.7%.
FirstService is updated and rated Weak Sell / Hold at U.S. $42.79 or CAN $45.52. I have long admired the company. But is has been a very difficult one to value. It has risen a lot since our last update when it was also rated Weak Sell / hold. In part the Canadian dollar price has been pushed up by the lower Canadian dollar. This could be considered for a speculative pick but the achieved earnings at this time do not support a Buy rating.