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Futuremed Healthcare (FMD.TO)

BUY
Medical supplies distribution business, specifically targeting retirement homes. Very little competition. Expecting growth through going into some ancillary services.
PAST TOP PICK
(A Top Pick Feb 15/06. Up 15%.) Very stable distribution.
TOP PICK
They are a distributor so they don't need to have a lot of assets. All the earnings are free cash flow which allows a nice distribution every month. Current yield is around 9%. Have been growing every year.
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