The Globe and Mail reports in its Saturday, May 2, edition that Mawer Investment Management money manager Jeff Mo recommends buying Enerflex. The Globe's regular guest columnist Brenda Bouw writes that Enerflex is one of the world's largest manufacturers of natural gas compression equipment. It is a stock Mr. Mo says he bought between December last year and February this year. Mr. Mo says the company's base market is improving as demand for natural gas across North America and globally is increasing. A small part of its business is also providing reliable backup power for data centres, which could become more material. The company has a new chief executive officer, Paul Mahoney, who started in September. He has taken an engineering/operational lens to the business. Historically, the company has had uneven execution and Mr. Mahoney has strengthened it by improving margins and streamlining its strategy. Mr. Mo notes that the stock has more than doubled since Mr. Mahoney took over. While some might say the juice has been squeezed out, Mr. Mo thinks the valuation is still quite reasonable -- trading at about 17 times 2027 earnings -- given the company's growth prospects.