Review of FirstService Corp
MAR 17, 2022 - FirstService commands a leading position in a large and highly fragmented North American market for outsourced property services. With strong momentum across service lines and speedy integration efforts, we think FSV will likely continue being one of our favorites. Rating maintained at 'B+'.
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Q: I have been following this stock for several years and admit the chart looks nice , but find it extremely difficult to buy, especially with a
P/ E ratio of 50 in these difficult times.
Is this stock “ cheap “ on a historical basis ? Why is it so strong and what would make its strengths
weaken ? Is PE x50 justified ? Thanks. Derek
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Q: Hi - for the above companies, how would you expect them to perform in a recession? Do you expect them to have positive alpha? If not these, could you list a few companies that you would be inclined to buy heading into a recession? (ignoring factors like diversification, personal risk etc etc.).
Read Answer Asked by Douglas on March 17, 2023-
FirstService Corporation (FSV)
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Q: What small to mid cap companies can you recommend that have been beaten up due to market conditions but have a high chance of success long term? Looking at a potential entry point this year with the prospect of beating out the returns of larger cap names that may be in a similar situation. Could you also give a brief thought on the risk/reward of this approach as well. Thanks very much.
Read Answer Asked by Dustin on March 14, 2023