RE:Another top picksHere's a better link and an additional set of comments. GLTA
https://www.bnn.ca/Video/player.aspx?vid=590852
Top Picks:
Sirius XM Canada
Last purchase price in last week at approximately $5.85 a share
- Sole provider of satellite radio in Canada with approximately 2.6 million subscribers (7 percent penetration across Canadian population)
- 64 percent of all new cars sold in Canada have Sirius XM’s technology pre-installed
- Attractive business model – stable subscription based recurring revenue, attractive growth, minimal capex needs, strong FCF generation
- Trades at sizeable discount to US sister company (Sirius XM – SIRI) – 10.8x EV/EBITDA vs. 16x EV/EBITDA
- High dividend yield – 7 percent plus