The Globe and Mail reports in its Monday, Aug. 3, edition that CIBC Asset Management portfolio manager Craig Jerusalim likes Mount Pearl, N.L.-based marine technology company Kraken Robotics. The Globe's regular columnist Brenda Bouw writes that Kraken is a stock Mr. Jerusalim started buying a few months ago. He concedes that it has always been an expensive stock. He says, however, that its shares "pulled back after its transformational acquisition of its European peer, Covelya Group Ltd., which gave us an opportunity to buy this high-quality, growing company at a more reasonable price." He notes positive catalysts: Orders for underwater robotics and batteries exceed expectations, driven by increasing military and commercial demand in the current geopolitical climate. Mr. Jerusalim notes that less profitable peers are trading at higher multiples than Kraken, and both the chief executive officer and chief financial officer have recently bought more shares on the open market. Mr. Jerusalim says: "Consistently strong quarterly results, likely index inclusion either later this year or early next year, as well as additional U.S. Navy orders should help rerate the stock. We've been adding to our position in recent weeks."