The Investment Reporter, in its April 3, 2015, issue, says buy Rona Inc., recently $15.90. The Reporter said buy four times from July 3, 2009, to Feb. 14, 2014, at prices ranging from $10.86 to $13.84. A $1,000 investment for each of the four buys would now be worth $5,119. The home improvement retailer operates a network of over 500 corporate, franchise and affiliate stores. It earned an adjusted $83.4-million or 70 cents a share in 2014, up from an adjusted $49.9-million or 41 cents a share in 2013. CEO Robert Sawyer credits the improvement to "organic" expansion, and lower selling, general and administrative costs. Rona's sales fell by 2.3 per cent to $4.09-billion, reflecting the closure of its lagging stores. Same-stores sales, on the other hand, rose by 1.1 per cent. Its higher cash flow of $186.7-million exceeded its needs and helped keep its balance sheet healthy. Rona expects to earn 90 cents a share in 2015, which gives it a P/E ratio of 17.7 times. It will likely earn $1.02 a share in 2016, which works out to a forward P/E ratio of 15.6 times. Rona is back as a buy for further gains and 14-cent dividends with a yield of 1.8 per cent.