Globe & Mail this morning... Equity analysts at Acumen Capital revealed their 2022 “Dark Horse Picks” on Monday.
The list of five stocks was built from a “collection of names have either lost a surprising amount of investor conviction or remain under the radar” and is intended to provide investors with “some perspectives on the potential catalysts that could surprise to the upside in 2022.”
This year’s selections are:
* Black Diamond Group Ltd. with a “buy” rating and $6.75 target. The average on the Street is $6.79.
Firm: “BDI was up over 60 per cent in 2021 and a top performer in our universe as the business normalized from the initial shock of COVID-19 along with the positive impact from acquisitions and organic growth. We believe BDI is well positioned for continued outperformance in 2022 driven by stable and predictable high margin rental revenue (MSS), steadily improving WFS utilization, and a continued rapid scaling of the LodgeLink digital platform.”