Alimentation Couche-Tard Update: High Growth And Undervalued = 122% Upside

In September, we wrote a bullish article about Alimentation Couche-Tard. There's been some developments since then, so we decided we'd write a follow-up article reassuring that our bullish thesis is still in play.

Ticker:
TSX: ATD.B
​OTC: ANCUF

Highlights

1. Alimentation Couche-Tard is a company that we are projecting will grow at about 23.6% per year for the next 3 years, but it is priced like a mature, low-growth stock, presenting a great opportunity to buy the company at a low price (over 120% upside, calculation in full article).

2. Despite the pandemic and the drop in revenue this year, Couche-Tard has managed to produce record earnings. The company has a great track record of consistent growth in operating results which has caused the stock to return over 11,500% in the past 20 years.

3.The convenience industry is very fragmented, offering Couche-Tard the ability to grow through acquisitions (which are done prudently).

4. The company plans on growing organically as well through things such as new store builds and their "Fresh Food, Fast" program.

5. Couche-Tard is a smart bet on two fast-growing industries: cannabis and electric vehicles.

This is a premium seeking alpha article, so we are not allowed to fully post it here.

You can view our full detailed article by clicking here.