Motley Fool Top PicksWe asked our Foolish writers for their top ideas for 2021 – here are their choices: Robin Brown: Calian Group
Most Canadians have probably never heard of Calian Group (TSX:CGY). Yet, that is why it is a great buy for 2021. It has a diversified set of operations focused primarily on government and institutionalized industries (military, healthcare, IT, and education). In 2020, the company had a phenomenal year growing revenues and adjusted EBITDA respectively by 26% and 36%.
In each of its segments, the company has a minimum 10% organic growth target. Growth should also be supplemented by an aggressive M&A strategy (it completed six acquisitions in 2020). Right now, the company has net cash of around $20 million. The stock remains cheap to peers, but unreasonably so. Its value/growth proposition makes it a perfect stock to buy in 2021 and hold for a very long time.
Fool contributor Robin Brown owns shares of Calian Group Ltd. The Motley Fool recommends Calian Group Ltd.