Savaria Corp (SIS.TO)

This company is involved in mobility (wheelchairs, etc.) and he sees them having very positive tail winds. They have a very good profit margin and a recent acquisition is viewed as being synergistic.

He loves the company but not the stock price. It is becoming more and more expensive on a forward earnings basis. He likes management and the industry. Wait for a pull back. It is not for the faint of heart.

They have expanded their business model from just in-home stair systems to elevators and into hospitals. They recently did a Swiss acquisition and he thinks this will expand their business into Europe and Asia. Earnings continue to grow over 20% over the past five years and margins continue to improve. The dividend increases yearly. The demographics are on trend. He expects it to trade $23. Yield 2.1%. (Analysts’ price target is $20.67)

It is a core position for him and they benefit from aging demographics. They are a well managed company with good margins. On any weakness it is a good buy.

He owns this since $7. They make lifts for homes and elevators. He likes their acquisitions and sees good organic growth. It is not super cheap here, but he likes the demographic play overall. It is one of the only publically traded companies in the space.

They have done a really good job of hitting every point of patient movement: Accessibility and transportation. He really likes it. They made some big acquisitions recently and are in the consolidation period while they digest them. You can average into it. It is a premium company.

Lifts in a lot of accessible vehicles and homes. There is a log runway to make acquisitions. They have not proven they can make acquisitions globally, so he does not own it today.

This has been a very good performer for them. He met with management about two weeks ago. The multiple is not cheap, but is still good value and the margins are very good. They may make some additional acquisitions and he likes the management team. Their products fit well with the changing demographics.

A company that has done very well over time. A competitor from Europe might be coming back and they could take market share. Highly valued here.

This is one of his core holdings. The stock is no longer cheap but it has a scarcity value. This has many products that serve the aging population. There is a long runway for this company, it will grow for

It has done well for his membership. They have a premium valuation but they make good acquisitions and are now expanding into the US. Insiders have a pretty high holding. Momentum remains fairly high.

He says this company is right in the best demographic area, selling mobility aids to homeowners. The one knock is that it is generally viewed as expensive. He does not own it, but would buy it on a pull-back.

Had sold his holdings based on valuation, and then the stock continued to go up. A great company and thinks they are going to continue to do very well. They have the wind at their back from a demographic standpoint, as they continue to make lifts and mobility devices for older people. Probably has a long runway. He would wait for an opportunity to buy on a pullback.

Involved in mobility products and services. As people age and mobility becomes restricted, they have the equipment such as scooters, lifts, etc. Has an existing franchise and product line, and are using their free cash flow to be acquirers. Recently acquired an Australian company. However, it’s expensive right now, so wait for a pullback. A well-run company.

It should continue going up, because it is kind of being discovered. It has come into the market, and people are getting to know it. It is your ultimate in Canada listed wheelchair/stair lifts. A very strong company.