Updating Saputo Inc., IGM Financial Inc., and CGI Group Inc.

SAPUTO INC. $45 (Toronto symbol SAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 387.4 million; Market cap: $17.4 billion; Price-to-sales ratio: 1.5; Dividend yield: 1.4%; TSINetwork Rating: Average; www.saputo.com) has completed its deal to acquire Shepherd Gourmet Dairy (Ontario) Inc.
Based in St. Mary’s, Ontario, it makes specialty… Read More

Wait till their earnings catch up to their price

Restaurant Brands and Saputo have fuelled their recent growth with acquisitions. Both companies have a strong history of absorbing new businesses that improve their profitability. Those track records cut their risk of growing by acquisition. However, currently, both stocks seem expensive in relation to their… Read More