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InvestorsFriend Inc.’s performance – Year 2022 |
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| 2022 was a negative year in the markets. On average our Buy or higher rated stocks lost 11.4%. That was worse than the Toronto Stock Exchange Index which lost 8.7% but quite a bit better than the S&P 500 which lost 19.4%. | |||||
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Group |
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Rating to start 2022 |
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Price Increase |
Our Performance |
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Average of 3 strong buys |
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Strong Buy |
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-16.4% |
bad |
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Average of 13 buys |
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Buy |
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-10.2% |
bad |
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Average for all 16 buys and strong buys |
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-11.4% |
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Average of 4 weak buys |
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Weak Buy |
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-18.8% |
bad |
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Average of 1 weak sells |
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Weak Sell |
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-13.4% |
good |
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Average for all 5 Neutral ratings (weak buy or weak sell) |
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-17.0% |
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Average of 3 Sells |
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Sell |
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-42.1% |
very good |
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Average of 0 Strong Sell |
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Strong Sell |
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0% |
bad |
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Average Sell / Strong Sell |
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Rated As – Strong Buy at January 1, 2022 |
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Name |
Beginning 2022 Price |
Rating to start 2022 |
Price Dec. 31 ’22 |
Price Increase |
Our Performance |
|
Canadian Tire (CTC.a, TO) |
181.44 |
Strong Buy at $170 |
141.50 |
-22% |
very poor |
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BHP Billiton Limited or BHP Billiton plc (BHP Australia or BHP or BBL New York which are equivalent to two Australia shares) |
29.89 |
Speculative Strong Buy at 27.26 |
31.03 |
4% |
good |
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Toll Brothers Inc. (TOL, New York) |
72.39 |
Strong Buy rated at $70.48 |
49.92 |
-31% |
very poor |
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Average Strong buy |
|
Strong buy |
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-16.4% |
bad |
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3 |
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Rated As – Buy |
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Name |
Beginning 2022 Price |
Rating to start 2022 |
Price Dec. 31 ’22 |
Price Increase |
Our Performance |
|
Canadian Western Bank (CWB, Toronto) |
36.30 |
(higher) Buy at $32.39 |
24.06 |
-34% |
very poor |
|
AutoCanada Inc. (ACQ, Toronto) |
42.70 |
(higher) Buy at $33.92 |
23.31 |
-45% |
very poor |
|
Metro Inc. (MRU, Toronto) |
67.32 |
(lower) Buy at $66.16 |
74.97 |
11% |
good |
|
MELCOR DEVELOPMENTS LTD. (MRD, Toronto) |
14.24 |
Buy rated at $12.50 |
10.65 |
-25% |
very poor |
|
Melcor Real Estate Investment Trust (MR.UN, Toronto) |
6.79 |
Buy rated at $6.71 |
5.53 |
-19% |
bad |
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Enbridge Inc. (ENB, Toronto and New York) |
49.41 |
Buy at $50.70 |
52.92 |
7% |
good |
|
Alimentation Couche-Tard Inc., ATD.B |
53.00 |
Buy rated at $49.85 |
59.50 |
12% |
good |
|
American Express Company (AXP, New York) |
163.60 |
(lower) Buy at $165 |
147.75 |
-10% |
bad |
|
Royal Bank of Canada (RY, Toronto and U.S.) |
134.46 |
(higher) Buy rated at $103.72 |
127.30 |
-5% |
bad |
|
RioCan Real Estate Investment Trust (REI.UN, Toronto) |
22.94 |
(lower) Buy rated at $23.00 |
21.13 |
-8% |
bad |
|
Berkshire Hathaway Inc. (BRKB, New York) |
299.00 |
(lower) Buy at $251 |
308.90 |
3% |
good |
|
Linamar Corporation |
74.93 |
(higher) Buy rated at $69.13 |
61.30 |
-18% |
bad |
|
Ceapro Inc. (CZO, Venture) |
0.61 |
Speculative Buy at $0.54 |
0.59 |
-3% |
bad |
|
Average Buy |
|
Buy |
|
-10.2% |
bad |
|
13 |
|
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Rated As Weak Buy |
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|
Name |
Beginning 2022 Price |
Rating to start 2022 |
Price Dec. 31 ’22 |
Price Increase |
Our Performance |
|
Enbridge Inc. Series 9 Preferred (ENB.PF.A) |
20.38 |
Weak Buy / Hold at $21.33 |
15.52 |
-24% |
very poor |
|
Aecon Group Inc. (ARE, Toronto) |
16.88 |
Weak Buy / Hold at $17.98 |
9.11 |
-46% |
very poor |
|
Stantec Inc. (STN, Toronto and New York) |
71.07 |
Weak Buy / Hold rated at CAN $59.59 |
64.88 |
-9% |
bad |
|
Canadian National Railway Company (CNR, Toronto CNI, New York) |
155.38 |
Weak Buy / Hold at $144 |
160.84 |
4% |
good |
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Average Weak Buy |
|
Weak Buy |
|
-18.8% |
bad |
|
4 |
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Rated As – Weak Sell |
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|
Name |
Beginning 2022 Price |
Rating to start 2022 |
Price Dec. 31 ’22 |
Price Increase |
Our Performance |
|
RIWI Corporation (RIW, Canadian Securities Exchange) |
0.91 |
Weak Sell / Hold at CAN $1.31 , U.S. $1.04 |
0.73 |
-20% |
good |
|
Canadian Western Bank Preferred Shares Series 9 (CWB.PR.D) |
26.86 |
Weak Sell / Hold at $26.74 |
25.00 |
-7% |
good |
|
Average Weak Sell |
|
Weak Sell |
|
-13.4% |
good |
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2 |
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0 |
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Rated As – Sell |
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|
Name |
Beginning 2022 Price |
Rating to start 2022 |
Price Dec. 31 ’22 |
Price Increase |
Our Performance |
|
Shopify Inc. (SHOP, on Toronto and U.S.) |
1,377.39 |
Speculative Sell at $U.S. $1323 |
347.10 |
-75% |
very good |
|
Costco (COST, New York) |
567.70 |
Sell at $559 |
456.50 |
-20% |
good |
|
Canadian Western Bank Preferred Shares Series 5 (CWB.PR.B) |
24.94 |
Sell at $24.72 |
17.00 |
-32% |
very good |
|
Average Sell |
|
Sell |
|
-42.1% |
|
|
3 |
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Rated As – Strong Sell |
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|
Name |
Beginning 2022 Price |
Rating to start 2022 |
Price Dec. 31 ’22 |
Price Increase |
Our Performance |
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Average Strong Sell |
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Average Sell/ Strong Sell |
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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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© Copyright: InvestorsFriend Inc. 1999 – 2022. All rights to format and content are reserved. |
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