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Intact Financial Corporation (IFC $271.58)
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iA Financial Corporation Inc. (IAG $156.36)
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Celestica Inc. (CLS $349.84)
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Kraken Robotics Inc. (PNG $4.57)
Q: I am looking for companies generating >20% over 1, 3, 6 month and 1, 3, 5 and10 years with steady growth and reasonable volatility. IAG meets my criteria and has eaten IFC's lunch over the above noted reporting periods. Would you endorse IAG and can you suggest other Canadian stocks meeting the same criteria. Thank you
5i Research Answer:
We had to run a data screen for this so keep in mind the limitations of such exercises. We actually didn't expect many stocks but got more than 75 that had 20+% gains across every period noted. Of course, they were nearly all gold stocks. We added a $2B market cap restriction and this dropped this list to 19 stocks. PNG was on the list before this market cap restriction. Every stock was a commodity stock, except for CLS. IAG/IFC did not show on the screen so each may have slightly missed one of the criteria. We think IFC is fine but IAG is cheaper and as noted performing better. We would prefer IAG today.