Toromont graduates

Sometimes growth stocks mature to the point where we feel they’re too conservative for Stock Pickers Digest.
It’s why we will now shifted our coverage of TOROMONT INDUSTRIES LTD. $57.83 (Toronto symbol TIH; TSINetwork Rating: Extra Risk) (416-667-5511; www.toromont.com; Shares outstanding: 78.3 million; Market cap: $4.7 billion; Dividend yield: 1.6%) to The… Read More

We did it again!

MITEL NETWORKS $14.09 (Toronto symbol MNW; TSINetwork Rating: Extra Risk) (613-592-2122; www.mitel.ca; Shares outstanding: 121.2 million; Market cap: $1.7 billion; No dividends paid) has attracted a friendly $11.15 U.S.-a-share ($14.35 Cdn.) takeover bid from an investor group led by private-equity firm Searchlight Capital Partners. The offer is for an… Read More

Toromont moves up to TSI!

TOROMONT INDUSTRIES LTD. $57 (Toronto symbol TIH; Aggressive Growth Portfolio; Manufacturing & Industry sector; Shares o/s: 81.0 million; Market cap: $4.6 billion; Price-to-sales ratio: 2.0; Dividend yield: 1.6%; TSINetwork Rating: Extra Risk; www.toromont.com) distributes a broad range of industrial equipment, including machinery made by Caterpillar. It also… Read More