Top PickLast stock in the clip; he and his family also own it personally. GLTA
https://www.bnnbloomberg.ca/video/bruce-murray-s-top-picks~2474360
Aritzia (ATZ TSX)
Aritzia is one of Canada’s best growth stocks and traded over $60 in January of this year and is now 40 per cent lower. The company has a substantial expansion opportunity with about 70 stores in Canada and only half that count in the U.S. Revenue should continue to grow in the mid-teens driven by increasing store count and growing online sales as global consumer awareness rises. The median analyst target is $62 and the stock is selling at about 18x February 2024 earnings.
TOP PICK
Aritzia Inc.(ATZ-T)
27/06/2022 at 08:00pm
Is off 40% from peak. Revenue should continue to grow in the mid-teens purely as store count rises. They have a strong social media prices. It sells at 18x February 2024 earnings. Has solid growth opportunities. (Analysts’ price target is $67.45)
SPECIALTY STORES
Bruce Murray
$36.22
Owned