Bruce Murray - BNN - TOP PICK Evertz Technologies (ET TSX)
An interesting small company with about $500 Million of revenue about $8 growing at about 5 per cent p.a. The company is a leader in the niche market of broadcasting and Video distribution. Its highly profitable with net margins o f 15 per cent. The company pays an $0.80 dividend 6.4 per but still piles up cash. While they hope to make acquisitions, they have failed to complete any recently. ET has paid extra’s when cash exceeds $100 million and I expect an extra of $1.00 share could be expected if acquisitions opportunities do not arise.
Owned