Stock Pickers Digest, in its May, 2015, issue, refreshes its buy of Alimentation Couche-Tard Inc., recently $49.82. Stock Pickers said buy 10 times from December, 2008, to January, 2015, at prices ranging from $13.27 to $73.50 (the stock split 3 for 1 on April 23, 2014). Assuming an investment of $1,000 for each of the 10 buys, the $10,000 position would now be worth $53,157. Couche-Tard operates convenience stores in North America and Europe. In the quarter ended Feb. 1, 2015, Couche-Tard's sales rose to $2.33-billion (U.S.) from $2.29-billion (U.S.) a year earlier. The higher U.S. dollar cut the revenue contribution of its European operations. Per-share earnings in the third quarter of fiscal 2015 were 51 U.S. cents, up from 31 U.S. cents in the same period last year. Couche-Tard saw higher profit margins on merchandise and fuel, and it continues to pay off its debt from its Statoil Fuel acquisition in 2012. The company's long-term debt now stands at $1.7-billion (U.S.), just 7.2 per cent of its $29-billion (U.S.) market cap. On March 16, 2015, Couche-Tard closed its $1.7-billion (U.S.) acquisition of The Pantry, which operates 1,500 convenience stores in the southern U.S. The stock remains a buy.