Niche publications give it an edge

Article Excerpt

TRANSCONTINENTAL INC. $17 is still a buy for aggressive investors. The company (Toronto symbol TCL.A; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 86.9 million; Market cap: $1.5 billion; Price-to-sales ratio: 0.5; Dividend yield: 5.3%; TSINetwork Rating: Average; www.tctranscontinental.com) is Canada’s leading commercial printer. It also makes plastic packaging. In the past few years, Transcontinental has scaled back its media operations to focus on specialized trade publications. One of those is Groupe Constructo, which publishes magazines focused on the Quebec construction market. This business recently launched a new website that lets construction firms post their job openings. Demand should be strong, as construction firms in the province will need 13,000 new workers annually for the next five years. Transcontinental is a buy. buy…