Topic: Growth Stocks

The Stock Pickers Digest Hotline – Friday, February 26, 2010

Article Excerpt

BMTC GROUP, $33.52, symbol GBT.A on Toronto, is one of Quebec’s largest retailers of furniture, electronic goods and household appliances. In the three months ended December 30, 2009, BMTC’s revenue rose 3.3%, to $223.9 million from $216.8 million. Earnings per share (excluding one-time items) jumped 27.8%, to $1.01 from $0.79. Cost cuts and higher investment returns helped push up earnings. BMTC plans to split its shares on a 2-for-1 basis. On April 6, 2010, shareholders will get one additional BMTC share for every two shares they hold. After the split, the company will have 52.2 million outstanding class A and class B shares. It now has 26.1 million outstanding shares. The company’s shares are up 86.2% over the last year. The shares now trade at 11 times BMTC’s latest 12-month earnings. BMTC Group is a buy. INTERNATIONAL ROAD DYNAMICS, $0.87, symbol IRD on Toronto, jumped over 27% this week after the company reported quarterly results that were higher than a year ago. In…