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