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Celestica Inc. (CLS)
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TerraVest Industries Inc. (TVK)
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Hammond Power Solutions Inc. Class A Subordinate Voting Shares (HPS.A)
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Lumine Group Inc. (LMN)
Q: Are there any small cap names on your radar that have been growing their top line and profits every year that appear to have a long runway of growth ahead of them -or any that you're excited about?
Along with that are there any that stand out to you that would begin to garner attention from bigger players in the coming years if they continue to grow stay on track? I Would like to a few ideas for a long term hold if the companies can continue to execute.
Thanks very much
Along with that are there any that stand out to you that would begin to garner attention from bigger players in the coming years if they continue to grow stay on track? I Would like to a few ideas for a long term hold if the companies can continue to execute.
Thanks very much
5i Research Answer:
We think these small caps have demonstrated a decent track record of growing at a healthy pace over the last few years and are expected to have a decent runway for growth going forward. We would be comfortable holding these names over many years: LMN.V, HPS.A, TVK, and CLS.
The speculation on whether these players would gain attention from bigger players in the coming years is hard to tell, as most of their growth has been fueled through acquisitions (except HPS.A, which may look attractive for potential buyers).