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With the month of Ramadan coming to an end, people are set to celebrate Eid-ul-Fitr in Canada on May 13. Eid is all about celebrations, enjoying delicious food and, most importantly, giving gifts to each other. But if you are in the mood to explore some investment options for yourself, here are a few stocks that you can consider.
Premium Brands Holdings Corporation (TSX:PBH)
With food on our minds ahead of Eid, let’s start with a company that specializes in food manufacture and distribution. Premium Brands pays a quarterly dividend of C$ 0.635, with a current dividend yield of 2.1 per cent.
It offers a 6.1 per cent return on equity (ROE) and its debt-to-equity (D/E) ratio is 0.8, as per TMX.
In terms of stock performance, Premium Brands' one-year growth is 39.5 per cent. Since this year started, it has surged by 20 per cent. At market close on Tuesday, May 11, the stock was priced at C$ 120.88 apiece.
The food distribution company achieved record revenue of C$ 1 billion, a jump of eight per cent year-over-year (YoY), in Q1 2021. Premium Brand also saw a record adjusted EBITDA of C$ 82.5 million, up 28.3 per cent YoY, in the latest quarter.
Aritzia Inc (TSX:ATZ)
Festivals mean new clothes, so let’s include one fashion apparel company in this list. With its business segments in the US and Canada, Aritzia Inc houses exclusive fashion brands. It posts a market cap of C$ 2.6 billion and a return on assets of 2.2 per cent on TMX.
In the present situation, the e-commerce industry is booming as people are hesitant to step out. The apparel company successfully grabbed this opportunity to increase its e-commerce revenue growth by 81.1 per cent YoY in Q4 2021.
The company's net income was C$ 16.1 million and its cash and cash equivalents increased to C$ 149.1 million in the fourth quarter of fiscal 2021.
The ATZ stock skyrocketed by 89 per cent over the past year. In the last three months, the stock grew by 3.5 per cent. The scrips closed at C$ 30.26 apiece on Tuesday.
BMTC Group Inc (TSX:GBT)
BMTC Group Inc, via its retail network, provides furniture and electronic appliances in Quebec. The Canadian firm distributes a half-yearly dividend of C$ 0.15, which grew at the rate of 4.98 per cent in the last three years.
Source: Pixabay
GBT shares were priced at C$ 14.1 apiece at market close on May 11. They have surged by about 106 per cent in one year and by 14 per cent year-to-date (YTD).
BMTC’s net earnings for the year ending 31 January 2021 stood at C$ 54.8 million, as compared to C$ 36 million in 2020. Its basic net earnings per share (EPS) were C$ 1.61 during the same period.
Recipe Unlimited Corporation (TSX:RECP)
The Canadian restaurant operator is on an expansion mode and recently acquired Crave It Restaurant’s interest in Fresh-Crave It-Recipe and burger joint The Burger's Priest.
RECP stock, which closed at C$ 21.34 on Tuesday, soared by 31.5 per cent over the last six months. Meanwhile, its one-year growth sits at 93 per cent. Recipe Unlimited scrips touched a 52-week high of C$ 21.43 apiece on March 22 this year.
Recipe Unlimited’s e-commerce sales zipped by 75 per cent YoY and amounted to C$ 149.8 million in Q1 2021. Its operating EBITDA shot up to C$ 24 million in the same quarter.
The above constitutes a preliminary view and any interest in stocks should be evaluated further from an investment point of view.
