GREY:CXSNF - Post by User
Post by
sculpin2on Jan 09, 2014 10:32am
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Post# 22073713
Top Pick for 2014 at M Partners
Top Pick for 2014 at M Partners INTRODUCING OUR TOP PICKS
We introduce our Top Picks by outlining the investment thesis for each of the names below:
Counsel Corp. (CSX-TSX, Buy - $3.25 Target Price) – CXS has an exceptional growth profile, driven by solid production from its residential mortgage business. We expect renewals to support our growth forecasts, driving MUA higher while boosting margins. While CXS was our top performer for 2013 and returned 164%, we continue to believe there remains more upside for the stock. Our one year price target implies a return of 31%. We like CXS on valuation, its steep growth profile and ability to grow earnings through renewals.