The Investment Reporter, in its Nov. 15, 2013, issue, says buy ATS Automation Tooling Systems Inc., recently $14.49. The Reporter said buy three times from April 17, 2009, to May 25, 2012, at prices ranging from $4.11 to $9.25. Assuming an investment of $1,000 for each of the three buys, the $3,000 position would now be worth $7,158. ATS provides manufacturing products to companies around the world. In fiscal 2014 (ending March 31, 2014), ATS's earnings are expected to reach 62 cents a share. In fiscal 2015, the company will probably earn an even higher 84 cents a share. Based on the fiscal 2015 earnings estimate, the company's price-to-earnings ratio is a reasonable 17.3. ATS has kept its risk down by remaining debt free. It is also safer thanks to its diversification. The company's geographical diversification across the world reduces its exposure to troubled economies in any one region. ATS also serves customers in a wide variety of sectors; this reduces its exposure to a downturn in any one industry. The company's management owns 38.5 per cent of the shares, so it is in their interests that the company does well. The stock is a buy for long-term gains if you need no dividends.