INVEST LIKE A PRO, WITH THE PROS! - Subscribe - Capital Ideas Media

Subscribe   Past Issues                                       Translate

                          INVEST LIKE A PRO, WITH THE PROS!

Good morning.

Today's Capital Ideas Digest hi-lights a
company that gives investors direct access to
the manufacturing of electric vehicles, well
beyond the battery. This stock has 40% upside.

We'll send you a notification email and link at
7 pm EST today to let you know the new Digest
has been posted.

Tomorrow, we'll have a new CEO video
interview for you with the head of a newly-
public cannabis oils and concentrates
company that says it will soon produce $5
million (U.S.) in monthly revenue.

Morning Need to Know
Getting you ready for your investing day

October 9, 2018

Written & compiled by Mark Bunting, Publisher,
Capital Ideas Media

CANADIAN ANALYSTS' CALLS
INITIATIONS
Fortis (TSX:FTS) Bank of America Merrill
Lynch rates a "buy" with a price target of $45
(Canadian).

**

Boralex (TSX;BLX) IA Securities upgrades to
"strong buy" from buy and lowers the target to
$22 from $26 partly on the company's
potential to raise the dividend.

Suncor (TSX:SU) Macquarie upgrades to
"outperform" and hikes the target to $58 from
$53.

BRP (TSX:DOO) RBC Dominion
Securities raises the rating to "outperform"
and keeps the target at $70.

Canadian National Railway (TSX:CNR) Morgan
Stanley moves the target to $119 from $116,
saying the company's earnings
could sharply accelerate in the fourth quarter.

Desjardins boosts the target to $127 from
$121 and maintains a "buy".

Canadian Pacific Railway (TSX:CP) Morgan
Stanley hikes the target to $310 from $300.

Desjardins moves the target to $311 from $274.

U.S. ANALYSTS' CALLS
INITIATIONS
Tesla (NASDAQ:TSLA). Macquarie starts at
"outperform" with a $430 (U.S.) price target.

**

Baker Hughes (NYSE:BHGE) Jefferies lifts the
target to $38 (U.S.) from $34 on the company
controlled by General Electric.

STOCKS THAT MAY MOVE
Aurora Cannabis (TSX:ACB) has applied to list
its shares on the New York Stock Exchange
under the same ticker symbol as on the TSX.
The company hopes to have its shares trading
on the big board by the end of the month.

TerrAscend (CSE:TER) plans to pursue growth
opportunities in the U.S. To that end, the
company will reorganize with the help
of Canopy Growth (TSX:WEED;NYSE:CGC), and
its subsidiary Canopy Rivers (TSXV:RIV).

D.R. Horton (NYSE:DHI) is down slightly in
pre-market trading after the homebuilder's
forecast for home sales and orders
was modestly below estimates. However, DHI is
still expecting sales growth this year of 13%.

Tata Motors (NYSE:TTM) fell 13% trading in
India after its Jaguar Land Rover division said it
would shutter its UK plant for two weeks due to
weak demand out of China.
Papa John's (NASDAQ:PZZA) may get a buyout
offer from Trian Fund Management, run by
Nelson Peltz.

With files from The Globe and Mail, Reuters and Bloomberg News.

MARKETS
TSX and U.S. equity futures are lower after the

International Monetary Fund reduced its global
growth forecasts for this year and next to 3.7%
from 3.9% due to the tariff battle between the
U.S. and China, and strains in emerging
markets.

European stock indices are down for a
fourth day and Asian stock indices finished
overnight at a 17-month low.

The 10-year Treasury yield hit its highest
level since 2011 as concerns among stock
investors continue that higher rates will lead to
a slower economy.

CURRENCIES
The Canadian dollar is up 0.2% at $0.7696 U.S.

Bitcoin is down 0.7 at $6,568.

COMMODITIES
West Texas Intermediate is up 0.7% at $74.79 a
barrel (U.S.) as exports from Iran fell and about
20% of oil production in the Gulf of Mexico has
been shut in ahead of Hurricane Michael.

Gold has inched higher $1,190.00 an ounce.

Daily Update
We're planning a live cannabis legalization
show with some notable CEOs and money

managers. Details to follow.

Capital Ideas TV
Capital Ideas Digest
Capital Ideas Radio

Access, insight and ideas.

Have a great day!

Mark Bunting
Publisher,
Capital Ideas Media

The information and recommendations made available here (“Information”) by CIR and/or all affiliates is
for informational purposes only and not to be used or construed as an offer to sell or a solicitation of an
offer to buy any services or securities. You further agree that neither Capital Ideas Research will be liable
for any losses or liabilities that may be occasioned as a result of the information or commentary provided
in the letter. By accessing the site and reading this note, you accept and agree to be bound by and comply
with the terms and conditions set out herein. If you do not accept and agree to the terms, you should not

use this site or accept this email.

CIR is not registered as an adviser under the securities legislation of any jurisdiction of Canada and
provides the Information pursuant to an exemption from the registration requirements that is available in
respect of generic advice. The recommendations contained on the site and in this email are not tailored to
the needs of particular persons and may not be appropriate for you depending on your financial position or
investment goals or needs. You should apply your own judgment in making any use of the Information,
especially as the basis for any investment decision. Prior to making any investment decision, we
recommend that you seek outside advice from a qualified and registered investment advisor.

In no event will CIR be responsible or liable to you or any other party for any damages of any kind arising
out of or relating to the use of, misuse of or inability to use this site and email. The Information is directed
only at persons resident in Canada. Nothing in this site shall constitute an offer or solicitation to anyone in
the United States of America or any jurisdiction where such offer or solicitation is not authorized or to any
person to whom it is unlawful to make such a solicitation. If you choose to access this site or email from
outside of Canada, you acknowledge that the Information is intended for use by persons resident in
Canada only.

This is not an investment advisory, and should not be used to make investment decisions. Information in
CIR is often opinionated and should be considered for information purposes only. No stock exchange
anywhere has approved or disapproved of the information contained herein. There is no express or
implied solicitation to buy or sell securities. The writers and editors of CIR may have positions in the
stocks discussed above and may trade in the stocks mentioned. Don’t consider buying or selling any stock
without conducting your own due diligence.

                       Copyright © 2016 Capital Ideas Research, All rights reserved.

               You are receiving this email because you are part of our investment network.

                                        Add us to your address book

                        unsubscribe from this list   update subscription preferences

                                   This email was sent to 
                why did I get this? unsubscribe from this list update subscription preferences
Capital Ideas Research · HSBC Bank Place · 10250 101 Street Suite 1803 · Edmonton, Alberta T5G 3P4 · Canada