Earnings soared 40.7% for FirstService

Earnings soared 40.7% for FirstService

The firm has rebounded strongly from last year’s low as businesses and individuals re-purpose their properties in response to the pandemic.  

The shares might look expensive in relation to earnings, but the company is in a strong position to keep winning new contracts. Moreover, as… Read More

Not all these ‘award-winning’ ETFs are buys

Each year, major industry associations such as Lipper and Fundata produce lists of award-winning mutual funds and ETFs. Here’s a close look at a few of their top winners.
As well, please check out the Supplement on page 60 That’s where we highlight factors contributing… Read More

Small acquisitions are a key strategy

FIRSTSERVICE CORP. $190 is a buy for aggressive investors. The company (Toronto symbol FSV; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 43.6 million; Market cap: $8.3 billion; Price-to-sales ratio: 3.0; Dividend yield: 0.5%; TSINetwork Rating: Extra Risk; www.firstservice.com) tends to fuel its growth with acquisitions. It cuts the… Read More