Topic: How To Invest

Stock Pickers Digest Hotline – Friday, August 11, 2017

Article Excerpt

COLLIERS INTERNATIONAL GROUP INC., $62.60, symbol CIGI on Toronto, is one of the world’s top three commercial real estate firms. It offers a range of services in the U.S., Canada, Europe, Australia, New Zealand, Asia and Latin America. The company has 15,000 employees, operating from 500 offices in 68 countries. In the three months ended June 30, 2016, Colliers’s revenue rose 12.8%, to $544.2 million from $482.5 million a year earlier (all figures except share price in U.S. dollars). Excluding one-time items, earnings per share rose 20.6%, to $0.76 from $0.63. The outlook for Colliers is positive, but for the stock to climb, it needs global real estate markets to move higher. Meanwhile, it trades at 21.7 times the $2.28 U.S. a share the company will likely earn in 2017. OUR RECOMMENDATION: Colliers International remains a hold. Colliers International recent coverage June 2017 issue Hotline for April 13, 2017 NISSAN MOTOR CO., $19.52, symbol NSANY on…