Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, June 5, 2015

Article Excerpt

WESTJET AIRLINES LTD., $26.53, symbol WJA on Toronto, has announced that its almost 3,000 flight attendants have voted 82% in favour of a five-year work agreement. The deal with the non-unionized Flight Attendant Association Board includes competitive wages, clearer work rules and a binding dispute mechanism. The agreement is important because it ends a unionization drive the flight attendants began over a year ago. The company has a great hidden asset in its non-union workforce, as many flyers find that WestJet provides friendlier service than they get from unionized airlines. The company also benefits from the fact that most of its employees are shareholders. WestJet is still a buy. WestJet was recently covered in the June 2015 issue of Stock Pickers Digest. Click here to access it. WestJet was recently covered in the Stock Pickers Digest Hotline for May 8, 2015. Click here to access it. REITMANS (CANADA) LTD., $6.92, symbol RET.A on Toronto, owns 810 women’s clothing stores across Canada, including 337 Reitmans outlets,…