The Investment Reporter, in its Jan. 16, 2015, issue, says buy ATS Automation Tooling Systems Inc., recently $15.38. The Reporter said buy four times from April 17, 2009, to Nov. 15, 2013, at prices ranging from $4.11 to $14.49. Assuming an investment of $1,000 for each of the four buys, the $4,000 position would now be worth a pleasing $8,658. ATS provides custom factory manufacturing programs for companies around the world. In the year to March 31, 2015, the company is expected to earn 70 cents a share; this gives a high price-to-earnings ratio of 22. Based on the fiscal 2016 earnings estimate of 88 cents a share, the stock trades at a better P/E ratio of 17.5. ATS's earnings are expected to increase following its $365-million acquisition of German firm M+W Process Automation and ProFocus LLC on Sept. 1, 2014. M+W provides automation services and software across six industries and 16 countries. This diversification reduces its dependence on any one industry or economy. ATS does not pay any dividends. The stock is a buy for long-term gains, provided you need no dividend income.