Good morning
The New Capital Ideas Media Website is now live!
Check out the new design and create your own portfolio with the Portfolio Tracker.
New website, same mission – to provide self-directed investors research-based investment ideas to help them make informed choices about where to invest their money.
Here’s how some of our previous ideashave performed. Not to mention FSD Pharma (CSE:HUGE), up 400%+ in just 11 weeks.
Tell us what you think of the new site at customercare@capitalideasresearch.com.
Enjoy!
CANADIAN ANALYSTS’ CALLS
INITIATIONS
J.P. Morgan cuts the target to $16 (U.S.) from $18.
GMP reinstates with a "buy" and a $3.25 (Canadian) target.
U.S. ANALYSTS’ CALLS
Lululemon (NASDAQ:LULU) is up in pre- market trading after Wells Fargo upgraded the stock to "outperform" and boosted the price target to $200 (U.S.) $144.
RBC upgrades to "outperform" and raises the target to $101 from $90, implying 34% upside, as the pharmacy chain gets closer to closing its deal to buy AET.
RBC raises the target to $62 from $53, which gives the stock a projected return of 35%, and maintains an "outperform".
Canaccord raises the target to $106 from $102 to reflect the resumption of payments from Vale for the Voice's Bay royalty.
RBC reduces to "underperform" and lowers the target to $11 from $12, giving the shares 12% downside, on concerns about a key iron ore contract in China. However, RBC says the Brazilian miner is "Vale is shaping up as one of our favored mediumterm exposures...with the best long-term position in iron ore globally."
STOCKS THAT MAY MOVE
Aurora Cannabis (TSX:ACB) and Coca-Cola (NYSE:KO) are in talks about teaming up to make cannabis-infused beverages, according to BNN Bloomberg.
Canopy Growth (TSX:WEED;NYSE:CGC) has received regulatory approval to expand its production.
Alaris Royalty (TSX:AD) has contributed $46 million (U.S.) to Body Contour Centers, and plans to contribute another $45 million to BCC in two future tranches dependent on BCC achieving certain financial targets.
Namaste Technologies (TSXV:N) says a La Presse article "incorrectly claims that Namaste is in violation of the laws of the province of Quebec, referencing the sale of unauthorized recreational cannabis.”
Superior Plus (TSX:SPB) is buying United Liquid Gas Company, an independent wholesale propane and butane distributor in California. No price was disclosed.
Salesforce.com founder Marc Beniof and his wife Lynne are the latest people of means to get into the legacy print media by buying the Time media brand for $190 million in cash. Meredith has agreed to a multi-year deal in which it will provide services such as consumer marketing, subscription fulfillment, paper purchasing and printing.
Teva Pharma (NYSE:TEVA) was up 5% in after hours trading on Friday after the FDA approved the company's new migraine treatment.
With files from The Globe and Mail, Reuters and Bloomberg News.
MARKETS
TSX and U.S. equity futures are modestly lower as China says it will not resume trade talks with the U.S. if the White House goes ahead with its plan to impose tarifs on a further $200 billion of Chinese goods.
CURRENCIES
The Canadian dollar is up 0.2% at $76.85 U.S.
Bitcoin is slightly lower at $6,458, according to CoinDesk,
COMMODITIES WHAT WE’RE READING
West Texas Intermediate is up 1% to $69.68 (U.S.) a barrel.
Gold continues to hover around $1,200 at $1,204.00 an ounce.
DAILY UPDATE
The new Capital Ideas website is now live!
New Website Features
Our new website is designed with our subscribers top of mind.
It’s clean-looking, streamlined and easy to navigate, and provides you with the top quality
investment research, CEO interviews and podcasts you’ve come to expect.
Portfolio Tracker!
The most compelling feature on our new website is the Portfolio Tracker, where you can create your own portfolio, make changes and check in any time to view your investments all in one convenient, easy-to-use place.
Videos
The new Capital Ideas website allows you to easily watch our latest videos with CEOs of
innovative, growth companies.
It’s also a breeze to access the newest research-based investment ideas in the weekly Capital Ideas Digest, and get up-to-the-minute analyst initiations, upgrades and downgrades and stocks on the move in the daily Morning Note.
If you like to get drawn in by an audio experience, the Capital Ideas Radio podcast is just a click away on five different platforms, including Apple Podcasts and Stitcher.
We trust you’ll enjoy your experience on the new website.
Peter Hodson and Ryan Modesto of 5i Research are offering a limited time 30-Day Free Trial to get access to all of their independent, conflict-free company reports.
Receive Capital Ideas’ insights and ideas by signing up as a premium member for just $25 a month.
Capital Ideas TV
Thursdays on YouTube at 7 pm ET, 4 pm PT.
Sundays on BNN Bloomberg at 9 pm ET, 6 pm PT.
Capital Ideas Digest
Tuesday’s at 7 pm ET, 4 pm PT.
Capital Ideas Radio
Anytime, anywhere.
Access, insight and ideas.
Have a great weekend!
Mark Bunting
Publisher,
Capital Ideas Media
