Over the last few years they have been picking away at small acquisitions. They were building an expertise in the industry. Then they made a large acquisition and vaulted themselves into the top ten in North America in their space. It is still being priced as a printing company. He does not think they are done with this transition and are not getting recognized by the market. (Analysts’ target: $30.88).
Market. There is uncertainty with the discussions between the US and China. He thinks investors should just dig down to fundamentals. In Canada almost 57% of companies matched or beat on earnings and 59% beat on revenue. Companies are looking strong and Canada is looking interesting. The Canadian dollar is stable although weak so our exports look cheaper. [Today's show started late, leaving room for only one opinion before Past Top Picks.]