Enthusiast Gaming Holdings Inc T.EGLX

Contest

[retiredcf]

Q: Since it's the end of a year, I will ask this question about stock picks for 2022. Hypothetically, you are in a stock picking contest to pick 10 Canadian stocks for 2022. Best total return for the year including dividends is the winner. Mr. X is your opponent. Since you are the pro, Mr. X gets to pick first. He has picked ATD, AEM, BAM.A, CNR, CSU, DOL, NTR, SHOP, SLF, and SU so you can't choose any of those. Which 10 Canadian stocks are you going to pick?

Mr. X has made some good picks. In a contest such as this, it is often best to be agressive, so we will be: ATZ, TOI, DOO, EGLX, AT, GSY, LSPD, DND, KRR, and TOU.

So said the team at 5iResearch. GLTA

[retiredcf]

A few more details. GLTA The balance sheet remains strong and insiders own 18%. They have been marginal buyers (net) in the past six months. The sector has rolled over, but EGLX is now trading at only 2X expected 2022 sales. At some point, the carnage should stop as investors look at valuations. We like it still, but need to add some caution with the negative momentum and the weak market backdrop