NYSE:SUM - Post Discussion
Post by
luberon on Jul 16, 2014 3:20pm
Top pick - Euro Pacific
Euro Pacific Canada has named Solium Capital Inc., a provider of software applications for equity plan management, as its top pick for the year after re-visiting its investment thesis.
The company develops, maintains and operates a web-based software platform available on-demand to employees of corporate clients.
"We see an emerging replacement cycle of equity administration software driving the recurring sales-dominated top line over the near to medium term. With structural tailwinds in place, Solium has all the makings of a growth story with ample room to surprise to the upside," Euro Pacific Canada said in a note.
It reiterated a "buy" rating and $9.60 (Canadian) price target.
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