Review of FirstService Corp
MAR 17, 2022 - FirstService commands a leading position in a large and highly fragmented North American market for outsourced property services. With strong momentum across service lines and speedy integration efforts, we think FSV will likely continue being one of our favorites. Rating maintained at 'B+'.
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Q: Hi 5i team,
Would you consider First services has expensive valuation at current price level? What is the growth outlook for longer term?
thanks,
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Loblaw Companies Limited (L)
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Cenovus Energy Inc. (CVE)
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Constellation Software Inc. (CSU)
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Intact Financial Corporation (IFC)
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Tourmaline Oil Corp. (TOU)
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Stantec Inc. (STN)
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Descartes Systems Group Inc. (The) (DSG)
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FirstService Corporation (FSV)
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Shopify Inc. Class A Subordinate Voting Shares (SHOP)
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Q: I identified 9 companies that out performed the TSX 60 plus 3 energy companies that I believe have a bright future. All 12 failed the MACD. 5 are trading at double digit discounts to their 52 week highs; dsg,shop,l,tou and cve. P/E range from 85 to 6 etc, etc. Please pick your diversified top 6 for a 5 year hold, with consistent profitability, no crazy volatility and suggest a great entry price. Thank you
Read Answer Asked by Richard on August 22, 2023-
Dollarama Inc. (DOL)
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FirstService Corporation (FSV)
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goeasy Ltd. (GSY)
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GDI Integrated Facility Services Inc. Subordinate Voting Shares (GDI)
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TerraVest Industries Inc. (TVK)
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Hammond Power Solutions Inc. Class A Subordinate Voting Shares (HPS.A)
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Aritzia Inc. Subordinate Voting Shares (ATZ)
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WELL Health Technologies Corp. (WELL)
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Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
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Nuvei Corporation Subordinate Voting Shares (NVEI)
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illumin Holdings Inc. (ILLM)
Q: These 9 companies are the holdings in a growth oriented Canadian TFSA. The intent was for them to be long-term holds. However, NVEI, ILLM and LSPD are all down over 50% and some so rejigging is being considered.
Would you consider any of them to be a SELL?
Of the 9, which 2 would you be least inclined to keep in the portfolio and why? Please suggest potential replacements.
Please rate (1-10) the remaining 7 for additional money today.
Thank you,
Peter.