Acumen Capital - 2019 Top PicksJanuary 15, 2019 Equity analysts at Acumen Capital introduced their 2019 "dark horse" picks for 2019 on Tuesday.
The list is comprised of four stocks from the firm’s special situations coverage list.
"The collection of names have either lost a surprising amount of investor conviction or remain under the radar," said analysts Brian Pow, Trevor Reynolds, Nick Corcoran and Jim Byrne.
Sylogist Ltd. (SYZ-X) with a “buy” rating and $17 target. Average: $17.50.
Mr. Pow: "SYZ is a name that remains under the radar. An investment in SYZ provides exposure to a solid underlying business with good organic growth. 2019 is setting up to be a transformative year for the Company given a number of catalysts. A positive decision on the K12 opportunity in North Carolina will provide significant runway for growth in the future. Our current estimates are not factoring in a win as the risk remains elevated as to how and when the revenue will flow to the SYZ. We expect the stock to get a re-rating upwards once more information becomes available."