12:04:19 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Rona Inc
Symbol RON
Shares Issued 107,958,260
Close 2015-04-10 C$ 16.84
Market Cap C$ 1,818,017,098
Recent Sedar Documents

Globe says Aecon Group, others are solid performers

2015-04-13 08:44 ET - In the News

See In the News (C-ARE) Aecon Group Inc

The Globe and Mail reports in its Saturday, April 11, edition that skilled investors can make money from small-cap or large-cap stocks, value or growth, low quality or high quality. The Globe's Scott Barlow writes in the Inside the Market column that the only real question that matters is a deceptively simple one: are things getting better or worse for the company? Mr. Barlow says he scoured the benchmark for companies with improving growth forecasts. Mr. Barlow only considered S&P/TSX stocks. He eliminated all companies where 2015 earnings per share estimates were less than a 15-per-cent improvement over actual 2014 profits. The 15-per-cent level was chosen because it offers a margin of safety if business conditions change. Exactly 50 stocks passed this test out of the index's 245 members. As well, he eliminated all companies where earnings expectations have not been revised higher in the past three months. Mr. Barlow says it is not a good investment practice to buy stocks with negative earnings momentum. Stocks with the best growth prospects are Aecon Group, Agrium, Dollarama, Rona, Constellation Software, Avigilon and FirstService.

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