GREY:GLNIF - Post by User
Post by
PRObonoon Aug 02, 2012 3:40pm
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Post# 20178608
TOP 3 PICK-GLN
TOP 3 PICK-GLN
3 Top picks from Morgan Meighen’s Michael Smedley (RTGAM)
Michael Smedley is the executive vice-president of Morgan Meighen & Associates. His focus is on Canadian equities.
Top Picks
Alimentation Couche-Tard Inc.
In these troubled markets, Canada has quite a few consumer-related stocks which have simple themes and are powerfully positioned. Couche- Tard has an excellent track record in North America with its major networks of convenience stores. I have confidence in the proprietors being able to build on its major acquisition in Europe from Statoil, the Norwegian state company.
Glentel Inc.
Glentel should be coming out of the pressure period in the handset business in North America and supporting its long term growth rate again in unison with its new expansions in both Canada and the U.S.
AutoCanada
Owner operator auto dealerships across Canada. AutoCanada is in a breakthrough phase in the acquisition of auto dealerships with the support of auto manufacturers who maintain a tight control of what is a highly profitable business.