205575313 - 1_szbtlm9b - PID 1851201
    
    
      
    
  

  
    
        Hello I am Ted Dixon with
        your INK morning report
preview
        for November 23rd.
        Uni-Select insiders are
not finished.
        On September 2nd, we came
        across our favourite
signals, CFO buying.
        The buying was taking
        place at auto parts and
finishing
        materials distributor
        Uni-Select.]The signal has
worked
        out so far with the stock
up
        17.3% since our report.
        A big part of the stock's
rise
        can be attributed to
        positive investors
reaction after
        the company reported
        Q3 results on November
12th.
        Compared to a year
earlier,
        sales for the quarter were
up
        7.8% to US $426.1 million.
        According to Refinitiv,
        that has translated into
        rising 12-month trailing
cash flow per share.
        What caught our attention
        again was more insider
buying.
        Not only is the CFO
        back buying after the Q3
news,
        but so are other insiders.
        Meanwhile, the stock
remains in high gear,
        jumping 5.7% on Monday,
        setting a new 52-week high
        of $23.10 in the process.
        Well that is our summary
        for today and I hope to
see you
        again tomorrow as we let
        the insiders guide us
        to opportunity this fall.
        This is not a
recommendation to
        buy or sell securities and
        nothing in this video or
        in INK reports should be
considered
        financial advice
information is for
        educational purposes INK
employees may
        hold an interest in
        any stock mentioned in
        our videos or in our
reports.