acquisition strategy

Savaria Corp. looks like a promising growth stock with products for limited mobility, but we see lots of risk in its growth by acquisition
Canada’s Dream Global REIT incurs risk with an acquisition strategy concentrated on Germany, but enjoys strong cash flow and a high dividend yield.
A: Dream Global REIT, $10.49, symbol DRG.UN on Toronto (Units outstanding: 124.9 million; Market cap: $1.5 billion; www.dream.ca/global), is a Canadian real estate investment trust that focuses on investing outside the country....
A: True North Commercial REIT, $6.25, symbol TNT.UN on Toronto (Units outstanding: 29.1 million; Market cap: $182.5 million; www.commercialtruenorth.com), owns light industrial properties across Canada.


As of December 31, 2016, the trust owned 30 buildings, which provide a total of 1.9 million square feet of leasable area....
Pat McKeough recently replied to a member of his Inner Circle asking for an opinion on the niche lumber specialist. The company’ s seen earnings and sales slip on weak demand, but the it also faces another significant risk, says Pat....
A: Stella-Jones Inc., $38.24, symbol SJ on Toronto (Shares outstanding: 69.2 million; Market cap: $2.7 billion; www.stella-jones.com), makes pressure-treated wood products. They include: railway ties (36% of sales); utility poles (32%); treated lumber products for the residential market (21%); lumber for industrial uses such as construction timbers and highway guardrails (5%); and logs and lumber (6%).


The company gets most of its utility poles from the timberlands it leases in Quebec and B.C....
Dear Inner Circle Member,


If you take a university-level psychology or medical course, you run the risk of “medical student’s disease”. This happens when you read about disease symptoms, and get a sudden fear that they describe something you already suffer from.


A good teacher will tell you that many symptoms in your textbook are exaggerations of normal, everyday fluctuations in your health and vitality....
A: Constellation Software, $577.46, symbol CSU on Toronto (Shares outstanding: 21.2 million; Market cap: $12.6 billion; www.csisoftware.com), sells software tailored to individual businesses and agencies....
A: CCL Industries Inc., $264.39, symbol CCL.B on Toronto (Shares outstanding: 35.1 million; Market cap: $9.2 billion; www.cclind.com), makes packaging products for the food, health care, automotive and personal-care industries....
A: Xylem Inc., $51.91, symbol XYL on New York (Shares outstanding: 179.2 million; Market cap: $9.2 billion; www.xyleminc.com), sells equipment and services related to managing water.


The company’s products help its clients collect, distribute, use and return water to the environment....