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"Tony The Tiger" - A Food Stock

The mood of Wall Street is now changing as the reality of tariffs is starting to kick in. Two weeks ago not so much so. Kelloggs had "so-so" earnings come out a few weeks ago and the stock exploded upwards. Note the very last line above mentions the effects of tariffs are not taken into consideration. So many stocks with "so-so" earning reports have jumped in price based on the "lets make America great again" slogan. Deere stock is shooting to the moon as I keep writing about in spite of declining sales in the last quarter. The sentiment seems to be that they are immune to tariffs. On paper they might be. Read this. Americans are struggling to buy gas, eggs and insurance. Total housing starts in the U.S.in 2024 were down 3.9%. Walmart, the recent darling stock in the last four weeks for Call option players woke up this morning with an earnings report which was healthy but with came with some caveats. Here is what happened. Perhaps the U.S. is starting ...
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One Analyst Pays A Visit To A Company Shop

.As the title says one analyst pays a visit to a company shop (he has a big bag of junior stocks to research and write about) and walks away starry eyed. Only in Canada.
Here is the stocks five year and one year chart.
Here are the January 2024 Call options.
Thirty dollars down to two dollars a share, what a ride for investors. So many "let's go electric" companies have had to go back to the well, often many times to ask for more money which dilutes the stock price. See my previous blogs on this company. Retail investors have no stomach for these kinds of stocks which have had a poor track record of providing meaningful guidance. Yet the macro winds are changing as our governments are going all in. Consider this.
The world is going electric and little companies like Lion Electric are fighting for a piece of the action. So many electric vehicle stocks have disappointed. Names, in a random order like Polestar - PSNY, Fisker - FSR, - Lordstown - RIDE, Lucid LCID, Sono Group - SEV, Mullen Automotive MULN, Livewire Group - LVWR, Electrameccanica - Solo and Faraday Future Intelligent - FFie (.21 cents trading 58.3 million shares on Friday). The lazy way to play all this is just to buy Toyota and be near center stage of this electric vehicle ride.
One final note. On August 17th I wrote a blog on Taiga Motors, a Quebec electric snowmobile company and the National Bank had an "outperform" ranking on it. Guess what? Here it is now.
Go figure. *** Which company would I be scared of going short most? Well maybe Taiga Motors. Trail blazing companies such as this one sometimes run out of money as they go up the ladder of rising costs on the dream of getting finished products in high demand shipping out their rear doors. Honestly, I know nothing about this industry other than to think the bigger producers in this field are or only a season or two away from having a version of the same thing and have dealer networks and more marketing skills.

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