Jason Del VicarioIs on Market Call this evening. Given that he made it a top pick in January, it might be interesting to get his take on the potential buyout offer. GLTA
PIH-T 2017-03-29 PAST TOP PICK Jason Del Vicario
(Top Pick Jan 24/17, Down 17%) LED blue lights around cars. A mid February earnings release was not that great. Canada/US trade arrangements are cited as a risk in their report.
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Price:
$8.040
Subject:
NORTH AMERICAN (GROWTH)
Bias:
CAUTIOUS
Owned:
No
PIH-T 2017-01-24 TOP PICK Jason Del Vicario
Based in British Columbia. They have a high ROE, although they haven’t had a history of it for the length of time that he would like to see. This makes the LED lights that you see in cars. Some of their customers include Ford (F-N), Caterpillar (CAT-N) and Tesla (TSLA-Q). The last earnings report was weak because they had some upfront costs launching a new product for a customer, which reduced margins. Thinks they can get back to their highs of $15, and go beyond that if they can continue to grow their earnings with a high ROE.
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Price:
$9.720
Subject:
NORTH AMERICAN (GROWTH)
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes