December 9, 2020

On Wednesday, the S&P 500 was down 0.8% and Toronto was down 0.45%.

Shopify was down 6.0%.

Toll Brothers was down another 2.9% to $43.99. I read through the conference call transcript today and and most of the call discussed all the ways Toll has been having very strong sales of its homes and sees this continuing. This has been a volatile stock but appears set to do well over time.

The Boston Pizza units were down 4.6% probably due to the various lock down initiatives. RioCan was down 2.75% probably for the same reason.

The Melcor REIT was down 6.1% to $4.80 after its Board basically deflected the suggestions of Firm Capital. Given the lockdowns in Alberta this could easily drift lower before recovering sometime in 2021.

Dollarama was up 3.0% after releasing its latest earnings.

Linamar was up 4.8%.

 

 

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