While up almost 2% on the day, Toronto’s main index has gotten off to a rocky start in 2015, down 2.2% year-to-date.
Bucking the trend – we are happy to report that the recommendations from KeyStone’s Annual Cash Rich, Profitable Small-Cap Report are off to a great start. In fact, one of our 3 Top BUYs jumped over 40% this week alone!
Starting with over 3,500 Canadian stocks, our Cash Rich, Small-Cap research uncovered over 60 Small to-Micro Cap stocks – all profitable, cash rich (no debt) companies, many with between 10-100% of their market caps in cash. The report drills down on each providing fundamental statistics and research notes from our management interviews and provides a select number of NEW BUY Reports. Flash Updates with current BUYS|SELL|HOLD ratings on all Cash Rich Stocks currently in coverage.
New buy recommendations included 2 high growth software Small-Caps, one low-priced Micro-Cap and bonus notes on our recent Specialty Pharmaceutical selection which trades at a significant discount to its peers. The report has become an annual must read for growth and value investors and with 16 stocks receiving premium takeover bids it serves as an excellent source of potential takeover targets. We believe this year’s edition will once again include several takeovers.
The report offers unique research you cannot find anywhere else. Last year’s Top Cash Rich recommendation, a Specialty Pharmaceutical Small-Cap, has gained over 145% – do not miss out on this year’s recommendations. If you are not a client to our Small-Cap research you can purchase the report individually today for $599: click here to purchase.
Today’s gain on the Toronto stock market’s benchmark TSX index came after declines in each of the previous five sessions. It still recorded a drop on the week, a period in which market volatility surged due to choppy oil prices and Switzerland’s move to abandon its more than three-year-old ceiling on the Franc’s value against the Euro.
Oil prices, under pressure since June due to concerns about oversupply (and many other factors), strengthened after the International Energy Agency said that it expects “the tide will turn.” Additionally, survey showing that U.S. consumer sentiment rose in January to its highest in more than a decade provided further support for oil.
Whether oils move was a dead-cat bounce or the potential of a bottom forming, we do not see the necessity of jumping on oil related names near term. We hold a couple select names in this segment at present with excellent balance sheets and strong current and future business prospect and we will stick to them, clipping their dividends while we wait.
We continue to focus more on Knowledge Based Businesses in technology as well as healthcare for growth near and long term. Additionally, we selectively continue to like basic meat and potatoes businesses that survive and thrive in most any market conditions – our long-term clients are very aware of these select Canadian Small-Caps.
