Topic: How To Invest

Stock Pickers Digest Hotline – Friday, October 5, 2018

Article Excerpt

DOREL INDUSTRIES INC., $23.06, symbol DII.B on Toronto, makes ready-to-assemble home and office furniture; juvenile products such as car seats, strollers, high chairs, toddler beds and cribs; and bicycles and other sporting goods. Dorel has announced the acquisition of U.K.-based Alphason. Established 30 years ago, Alphason designs and distributes home office and audio-visual furniture (TV stands and TV wall mounting brackets). The Alphason brand is sold at several large independent retailers across the U.K. Dorel will integrate the operations into Dorel Home’s existing Dorel Home Furnishings Europe unit. The purchase price was not disclosed. The purchase provides Dorel Home with a new U.K. base as well as a distribution hub to serve its growing European business. OUR RECOMMENDATION: Dorel Industries is still a buy. Dorel recent coverage September 2018 issue Hotline for June 29, 2018 HECLA MINING CO., $2.88, symbol HL on New York, explores for, mines and processes silver and gold in the U.S., Canada and Mexico. The company has exercised warrants to acquire 1.25 million…

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