Topic: How To Invest

Pat: What is your view on the future of Onex Corp. shares? Thanks.

Article Excerpt

Onex Corp., $64.53, symbol OCX on Toronto (Shares outstanding: 109.5 million; Market cap: $7.1 billion; www.onex.com), is a Toronto-based private equity firm with investments around the world. The company’s holdings operate in a range of industries, including electronics, aviation, health care, insurance, construction, commercial vehicles, business trade shows, packaging, gaming and real estate. Onex also makes investments, along with partners, through the Onex Partners and ONCAP funds. By the nature of its business, Onex generates a lot of attention from brokers and the media. This tends to heighten investor expectations, which can lead to greater disappointment and share price declines when its investments backfire. We don’t recommend Onex Corp. …