Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, October 29, 2010

Article Excerpt

FIRSTSERVICE CORP. $26, symbol FSV on Toronto, serves the following areas of the real-estate market: commercial real estate; residential property management; and property improvement. The company’s revenue rose 17.6% in the three months ended September 30, 2010, to $530.4 million from $451.1 million a year earlier. (All figures except share price in U.S. dollars.) FirstService’s property-services revenue rose 5% in the latest quarter, to $126.1 million. Residential property-management revenue rose 4%, to $181.6 million. The commercial real-estate division’s revenue showed the biggest gain, rising 43%, to $222.7 million. Earnings per share rose just 1.7% to $0.61 from $0.60 a year earlier. Income-tax adjustments held back FirstService’s earnings in the latest quarter. FirstService is still a buy. LOJACK CORP., $4.89, symbol LOJN on Nasdaq, sells systems that help track and recover stolen vehicles. LoJack sells its products in the U.S. and 30 other countries. The company’s Canadian subsidiary is Boomerang Tracking. LoJack shares are up over 19% this week. That’s because the…