Top Picks from Peter Hodson

5i Staff Feb 04, 2015

Click here to see the top picks on Market Call.

  • Exco Technologies (XTC)

XTC continues to hit new highs after a recent earnings release where the company increased the dividend by 20% and saw sales rise by 88% in the quarter. Exco offers an opportunity for Canadian investors to benefit from a lower Canadian dollar as well as lower fuel prices. Lower fuel costs could increase demand for automobiles as well as decrease operating costs for the company.

  • Progressive Waste Solutions (BIN)

BIN is a non-hazardous waste maangement company and a new coverage company at 5i Research. We like the stability with a good looking dividend and with operations in an industry where there should always be demand. These companies also have an ability to pass inflation on to the end user.

  • Currency Exchange International (CXI)

CXI offers retail and wholesale currency exchange services. They have recenty set themselves up for growth with new vaults, hold lots of cash, essentially no debt and have a few short term catalysts on the horizon. Size and liquidity would be our biggest concerns but not as big of an issue if you are looking longer term.

All three of these picks are also covered by 5i Research. Click here to subscribe now and receive access to model portfolios, investment Q&A (including a database with over 30,000 questions answered) and research reports.

2 comments

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A
Arthur
Apr 15, 2015
Very sorry I missed the program When is the repeat
R
A
Adam
Feb 5, 2015
I thought Peter H might pick Martinrea (MRE on TSX) as a top pick. (MRE is finally beginning to exit a slump. The lower Cdn $ shd help its US sales.) But I was wrong: MRE did not make it to the beauty contest . The actual picks however do look great.
Adam

Disclosure: I have no financial interest in MRE at this time but might initiate a minor position later