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Topic: Growth Stocks

CALIAN GROUP $19.85

CALIAN GROUP $19.85 (Toronto symbol CGY; TSINetwork Rating: Speculative) (613-599-8600; www.calian.com; Shares outstanding: 7.4 million; Market cap: $147.3 million; Dividend yield: 5.6%) is the new name of Calian Technologies. The company also changed its stock symbol to CGY from CTY.

Calian made the name change because of its expansion into new areas such as healthcare through its Business and Technology Services unit.

That subsidiary supplies 70% of Calian’s revenue and provides corporate clients with engineers, health care workers and other skilled professionals on a contract basis. The company’s Systems Engineering business (30% of revenue) sells hardware and software for testing, operating and managing satellite and other communication systems.

Calian Group is still a buy.

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