In this, our second annual review, we are once again re-evaluating the stocks on our Watched List to see if we want to keep following them.
We sometimes err in our recommendations and sometimes circumstances change and a stock that had been behaving well starts to turn and head south.
We're also looking for ways to improve our selection and culling criteria and you'll find a review of our previous paring jobs elsewhere. For this effort we are following much the same plan, dropping stocks that meet the following three criteria:
And we are dropping any stocks we've had for over a year that have failed to grow by 25% or better in the period or in the year to date. We are making exceptions for stocks that are in a current uptrend or are growing earnings.
We are no longer cutting the ten worst performers for the quarter unless they fall into the above categories as well.
The table below gives the complete picture. I've also listed the 6 dropped stocks after the table.
Note: T = turnaround from loss to profit and meets our 15% EPS gain requirement, L means the company had a loss in the most recent quarter.
|
Name |
Symbol |
Date Featured |
Gain YTD |
Gain Since Profiled |
Dec. RS Change |
Recent Trend | QEPS Change | Status |
|
IAMGOLD (formerly Repadre Capital) |
IMG |
Mar. 16/01 |
174.83% |
370.38% |
+2.78 | h | -25.0% | Keep |
|
Forzani Group |
FGL |
Apr. 12/01 |
32.75% |
318.76% |
-5.46 | i | +55.0% | Keep |
|
Bennett Environmental |
BEV |
May 25/01 |
12.89% |
202.86% |
+1.54 | h | +62.5% | Keep |
|
BW Technologies |
BWT |
Feb. 23/01 |
26.79% |
173.55% |
-5.22 | h | +6.25% | Keep |
|
Meridian Gold |
MNG |
Mar. 2/01 |
69.66% |
169.32% |
+3.61 |
g |
-28.6% | Keep |
|
Macyro Group |
MYO |
Jan. 8/01 |
74.19% |
157.14% |
+1.42 | h | +93.9% | Keep |
|
Goldcorp |
G |
May 25/01 |
107.88% |
156.19% |
+2.73 | h | +50.0% | Keep |
|
Transforce Income Fund |
TIF.UN |
Jan. 18/02 |
144.37% |
144.37% |
-2.57 | h | 0.0% | Keep |
|
Home Capital Group |
HCG.B |
Nov. 20/00 |
30.04% |
141.67% |
-6.95 | h | +29.2% | Keep |
|
Contrans Income Fund |
CSS.UN |
Oct. 12/01 |
110.91% |
140.00% |
-0.15 | h | n/a | Keep |
|
Alimentation Couche-Tard |
ATD.B |
Dec. 4/00 |
4.40% |
133.04% |
off list | i | +14.3% | Keep |
|
Peyto Exploration |
PEY |
Feb. 22/02 |
116.50% |
116.50% |
-0.73 | h | +57.9% | Keep |
|
SNC-Lavalin Group |
SNC |
Mar. 23/01 |
17.82% |
109.54% |
-3.30 |
g |
+9.6% | Keep |
|
Richelieu Hardware |
RCH |
Dec. 4/00 |
46.00% |
108.57% |
+4.03 | h | +22.2% | Keep |
|
Reitmans |
RET.A |
July 6/01 |
85.78% |
106.42% |
-4.69 | i | +4.4% | Keep |
|
Agnico-Eagle Mines |
AGE |
Mar. 9/01 |
48.60% |
103.40% |
+12.20 | h | L | Keep |
|
Stantec Inc. |
STN |
Apr. 20/01 |
29.71% |
102.42% |
+6.23 | h | +26.9% | Keep |
|
Zargon Oil & Gas |
ZAR |
Jan. 29/01 |
25.00% |
91.49% |
+2.61 | h | -13.3% | Keep |
|
Groupe Laperriere & Verreault |
GLV.A |
July 6/01 |
65.38% |
91.11% |
-0.82 | h | -27.8% | Keep |
|
Melcor Developments |
MRD |
Mar. 2/01 |
36.36% |
84.73% |
+3.35 | h | +12.2% | Keep |
|
Metro Inc. |
MRU.A |
Jan. 8/01 |
-0.50% |
73.17% |
off list |
g |
+24.1% | Keep |
|
Canada Bread |
CBY |
May 18/01 |
5.14% |
73.08% |
off list |
g |
+83.3% | Keep |
|
McGraw-Hill Ryerson |
MHR |
Oct. 12/01 |
82.19% |
70.51% |
+1.59 |
g |
+13.8% | Keep |
|
Winpak Ltd. |
WPK |
May 4/01 |
59.21% |
63.51% |
-0.70 | h | +79.8% | Keep |
|
Akita Drilling |
AKT.A |
Apr. 20/01 |
71.02% |
61.15% |
+3.23 | h | -25.6% | Keep |
|
La Senza |
LSZ |
Apr. 27/01 |
39.86% |
58.73% |
off list | i | L | Drop |
|
Ridley Inc. |
RCL |
Mar. 2/01 |
29.13% |
56.47% |
+2.72 | h | +37.5% | Keep |
|
Finning International |
FTT |
May 11/01 |
27.75% |
55.79% |
+1.00 | h | +15.4% | Keep |
|
Dalsa Corporation |
DSA |
Aug. 9/02 |
47.10% |
47.10% |
-2.97 |
g |
+177.8% | Keep |
|
Cara Operations |
CAO.A |
Nov. 20/00 |
23.24% |
45.83% |
-1.59 |
g |
+13.5% | Keep |
|
Fortis Inc. |
FTS |
Mar. 16/01 |
11.82% |
38.16% |
-3.81 | h | +34.6% | Keep |
|
Cott Corporation |
BCB |
July 27/01 |
10.59% |
37.56% |
new |
g |
+75.0% | Keep |
|
Le Chateau |
CTU.A |
June 21/02 |
34.49% |
34.49% |
-3.88 | h | +111.1% | Keep |
|
Sleeman Breweries |
ALE |
May 4/01 |
5.34% |
31.41% |
off list | h | +15.0% | Keep |
|
Shell Canada |
SHC |
Nov. 27/00 |
7.54% |
27.30% |
off list |
g |
-14.5% | Drop |
|
Dupont Canada |
DUP.A |
Feb. 23/01 |
-18.71% |
26.00% |
off list | i | +10.0% | Keep |
|
Calian Technology |
CTY |
Oct. 1/02 |
25.45% |
25.45% |
-0.49 | h | +14.0% | Keep |
|
Taiga Forest Products |
TFP |
July 20/01 |
30.41% |
23.72% |
+1.40 |
g |
+500.0% | Keep |
|
Leading Brands |
LBI |
May 17/02 |
22.51% |
22.51% |
off list | i | L | Drop |
|
Pason Systems |
PSI |
June 1/01 |
31.32% |
17.16% |
-2.81 |
g |
-66.7% | Keep |
|
Niko Resources |
NKO |
Nov. 17/02 |
16.22% |
16.22% |
-0.45 | h | +228.6% | Keep |
|
Cangene Corporation |
CNJ |
Jan. 11/02 |
13.26% |
13.26% |
-1.93 | h | +33.3% | Keep |
|
Patheon Corporation |
PTI |
Oct. 18/02 |
11.34% |
11.34% |
+4.10 | h | +54.8% | Keep |
|
George Weston Ltd. |
WN |
Nov. 27/00 |
-12.72% |
9.73% |
off list | i | +17.2% | Keep |
|
Canadian Medical Laboratories |
CLC |
Apr. 12/02 |
8.19% |
8.19% |
-0.46 | h | +41.7% | Keep |
|
Mega Bloks |
MB |
Dec. 13/02 |
6.82% |
6.82% |
n/a | h | +18.2% | Keep |
|
Viceroy Homes |
VHL.A |
Oct. 1/02 |
6.42% |
6.42% |
off list |
g |
-21.7% | Keep |
|
Saputo Inc. |
SAP |
Nov. 23/01 |
-12.81% |
5.74% |
off list | i | 0.0% | Drop |
|
Enerchem International |
ECH |
Mar. 22/02 |
4.44% |
4.44% |
-7.40 | i | L | Drop |
|
BMTC Corp. |
GBT.A |
Aug. 20/02 |
2.87% |
2.87% |
-4.16 | h | +83.3% | Keep |
|
IPL Inc. |
IPI.A |
Dec. 13/02 |
2.09% |
2.09% |
-0.48 | h | +31.0% | Keep |
|
WestJet Airlines |
WJA |
Jan. 25/02 |
-7.71% |
-7.71% |
off list | i | +57.9% | Keep |
|
Aastra Technologies |
AAH |
Nov. 17/02 |
-8.29% |
-8.29% |
off list |
g |
+20.0% | Keep |
|
Brampton Brick |
BBL.A |
June 7/02 |
-10.94% |
-10.94% |
-3.74 |
g |
+60.0% | Keep |
|
Stackpole Ltd. |
SKD |
June 14/02 |
-14.11% |
-14.11% |
-4.21 | i | +18.4% | Keep |
|
Lassonde Industries |
LAS.A |
Apr. 19/02 |
-18.25% |
-18.25% |
off list |
g |
-71.7% | Drop |
|
Paladin Labs Inc. |
PLB |
Oct. 1/02 |
-40.00% |
-40.00% |
off list | h | -16.7% | Keep |
Dropped (with YTD and Total Gain in brackets) are La Senza (39.86%, 58.73%), Shell Canada (7.54%, 27.30%), Leading Brands (22.51%, 22.51%), Saputo (-12.81%, 5.74%), Enerchem (4.44%, 4.44%) and Lassonde Industries (-18.25%, -18.25%)
The information in this table was derived using the Portfolio Tracking feature at globeinvestor.com