Aug 23, 2018
This week in our Your Stock, Our Take segment we look at Macro Enterprises Inc. (MCR:TSX-V), a pipeline and facilities construction and maintenance services to companies in the oil and gas industry in western Canada. After the company announced a $200 million contract this week, a listener asks us if the turnaround is on and whether it is a BUY, SELL, or HOLD. Our Star of the week is Aurora Cannabis Inc. (ACB:TSX), one of the world’s largest and leading cannabis companies, with funded capacity in excess of 570,000 kg per year and sales and operations in 14 countries across 5 continents. The stock jumped 51% in the past week outperforming most in this hot segment, powered by optimism surrounding big dollars flowing into names such as last week’s star Canopy Growth from larger established companies such as Constellation Brands (STZ:NYSE). For it’s part, Aurora reported strong revenue growth in its last quarter.. Finally, our Dog of the week is High Liner Foods Incorporated (HLF:TSX) - a North American processor and marketer of value-added frozen seafood. The stock is down 31% since early July and dropped 19% last week after reporting weak Q2 results. The company is restructuring - is it a Dog or an opportunity?