The Investment Reporter, in its July 4, 2014, issue, says buy Sandvine Corp., recently $3.42. The Reporter said buy on Feb. 21, 2014, at $3.17. A $1,000 investment at $3.17 would now be worth $1,077. Systems software provider Sandvine expects to earn 23 cents a share in fiscal 2014. Based on this estimate, the shares trade at a forward price-to-earnings ratio of 14.9 times. Earnings are set to climb to 29 cents a share in fiscal 2015, which should give the company a better price-to-earnings ratio of 11.8 times. Buy Sandvine of you need no dividends and can accept risk.
© 2016 Canjex Publishing Ltd. All rights reserved.