Review of stocks covered in my Seeking Alpha articles

I rarely write on Seeking Alpha much any more, preferring Substack where I am free from editorial oversight

Seeking Alpha keeps track of the performance of stocks suggested by its contributors.
As of March 23, 2022, here are the performance reports on some stocks I have written about on that platform.

Baytex (BTE.TO) up 179%

Birchcliff Energy (BIR.TO) up 127%

Bonterra (BNE.TO) up 124%

Cardinal Energy (CJ.TO) up 122%

Cenovus (CVE.TO) up 96%

Headwater Exploration (HWX.TO) up 79%.

Surge Energy (SGY.TO) up 73%

Peyto (PEY.TO) up 43%

Capstone Mining (CS.TO) up 34%

On average, these stocks have returned 97.59% per year since I wrote about them on Seeking Alpha, while the Standard & Poor 500 stocks have returned 3.71% in the comparable periods.

The efficient market hypothesis that guides most portfolio managers posits that there is no systematic method of achieving returns that exceed the market for any extended period. It is possible to achieve outsized returns through careful selection of undervalued stocks during your lifetime, if not forever.

I write about undervalued Canadian stocks regularly and publish my assessment of those stocks on Substack free of charge. Stock markets are risky ventures and I don’t recommend stocks, just share my analysis of why I am buying or selling some of my holdings. I buy (with my own money) all stocks I write about and typically disclose my holdings at the end of each article.

As of today, I no longer hold Cenovus or Surge but continue to hold the others - 2,000 Baytex; 60,000 Birchcliff; 10,000 Bonterra; 5,000 Cardinal; 35,000 Headwater; 15,000 Peyto; and, 2,000 Capstone, together with other stocks I may write about in future articles.