Your take on JWEL?

Hey Anthony.

Jamieson is a strong company. They are in an excellent position financially, the balance sheet looks very good.

Last year the company hit the upper end of guidances, and it's pretty clear they are in a market that's going to continue to grow. Company also has a very strong return on equity of 12.6%.

I don't believe health and wellness is a fad that's going away. In fact, I think it will continue to grow and Jamieson has a sizable chunk of the market share here in Canada.

Company also pays a pretty strong dividend, albeit a small yield. But, with double digit growth potential in both top and bottom lines, a 1.33% yield is just a cherry on top.

I know the real question here is should investors still be buying at all time highs. There is no question the stock is expensive. 25 times forward earnings and 4.5 times book value. But, the company saw 18.7% earnings growth in 2019. If it can keep this up, current valuations actually aren't that outlandish.