Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
The research team at RBC updated their list of top picks in Canadian small caps and provided performance details,
“The Q4/21 Canadian Small Cap Conviction List has seen a total return of 7.2% quarter-to-date, with the non-resource portion +5.5% QTD and the resource portion +9.8% QTD. This compares to the S&P TSX Small Cap Index total return of +11.5% QTD and the S&P TSX Composite Index total return of +8.3%.”
The analyst-driven stock selections are divided into resource and non-resource companies. Non-resource picks are Alaris Equity Partner Income Trust, BSR REIT, Cargojet Inc., Chemtrade Logistics Income Fund, ECN Capital Corp., European Residential REIT, Home Capital Group Inc., Jamieson Wellness Inc., Lifespeak Inc., Minto Apartment REIT, Park Lawn Corp., Points International Ltd., Transcontinental Inc. , and Westshore Terminals Investment Corp..
The resource picks are Argonaut Gold, Interfor Corp., Major Drilling Group International Inc., Osisko Mining Inc., Precision Drilling Corp., Storm Resources Ltd., Tamarack Valley Energy Ltd., Tidewater Midstream and Infrastructure Ltd. and Western Forest Products.