Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, August 3, 2012

Article Excerpt

ALARMFORCE INDUSTRIES, $10.91, symbol AF on Toronto, jumped over 21% this week after it announced that it is launching a strategic review of business opportunities, including a possible sale of the company. We moved AlarmForce to a buy in our July 2012 issue of Stock Pickers Digest, when we made it our Pick of the Month at $9.19. Meanwhile, AlarmForce’s sales rose 10.2% in the three months ended April 30, 2012, to a record $11.1 million from $10.1 million a year earlier. Even so, the company lost $238,021, or $0.02 a share, compared to a profit of $948,921, or $0.07 a share. AlarmForce’s earnings fell because it increased its advertising spending as it expanded into Florida. It also invested more in its VideoRelay system, which it launched in October 2011. VideoRelay lets subscribers watch their homes through their computers and smartphones. VideoRelay has a lot of potential for keeping an eye on kids and aging parents, in addition to deterring burglars. What’s more, we…