Being a contrary investor is never easy, especially when the paper losses really start to assemble. And although buying the dip will not train all the time, I think that when you see shares of a great company you wanted to buy, but just never happened (either because of the valuation problems or just having something better at a certain moment), you have to see a buyer.
Buying dips can of course hurt more, because, as you may now know, the market does not know when you finally pressed the Buy button. Indeed, the tide may not run when it is the most convenient for you. In any case the TSX -Index runs fairly hot in the month of October.
Although there is a good chance that the momentum is in force in the fourth quarter, I would be more inclined to buy the freely undervalued, undervalued names in case the momentum that this rally leads starts to shake a little in the coming weeks and months.
Without more delay, here are a few growth men that I would be prepared on my way down.
Constellation Software
First, we have shares of Constellation Software (TSX: CSU), who were beaten last week after the news was broken that the founder, Mark Leonard, would resign due to health problems. Indeed, when a legendary founder steps back or away, investors will certainly sell first and ask questions later. Undoubtedly the reaction was quite exaggerated, especially on an intraday basis.
And although the recent bad news contributes to the negativity around the stock, because it peaked in May, I still think the dip is more than buyable. The share is perhaps a bit pricey, even after tumbling in a bear market. Yet I do not think that too much will change if the other leaders of Constellation occur in the absence of Mr. Leonard. Although Constellation shares fell by 12% in the year, I would not give up growth-shaped in the long term. It is a great purchase, because most others panic about the implications of Leonard’s resignation.
Play-Tardidale delivery
Play-Tardidale delivery (TSX: ATD) is another cases growth shares that are a solid value that goes to Q4. Just like Constellation, the ATD shares in the year, now with 6% years so far. Despite the tableness and unanswered questions after the lack of a 7 & i holdings deal, I still think that the name is worth keeping patient in 2026.
The company has some menu innovation in the store with its Guy Fieri Partnership, to which I have devoted a whole piece. Moreover, there will be more acquisition announcements in the coming months. Until then, it can be logical to be a buyer of the latest modest bounce up to $ 74 and change. In short, ATD has the drivers in place to get his groove back. And in due course, I think it will be back in retaining profits and profit growth.
The Bottom Line
Constellation and Couche are two under pressure-per-acquisition companies that look cheap in a demonstrably elevated market. Although in the short term pain in the cards for Q4 could be, I love the long -term route map for both companies. I think it’s time to buy both names while they are marked.
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