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Black Diamond Group Limited (BDI $18.00)
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Kits Eyecare Ltd. (KITS $14.77)
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Stingray Group Inc. Subordinate Voting and Variable Subordinate Voting Shares (RAY $15.65)
Q: Looking to add to my tfsa with one of these companies for a 2 to 3 year hold. Would you please compare their outlook and which mighty you prefer? Also,a recommended entry price for each . Thanx.
5i Research Answer:
All have their merits for owning. BDI has done well but may consolidate a bit. Its revenues can be lumpy year to year. Something in the $16 range might be more enticing. We like the growth at KITS and with the recent decline it looks interesting here in the $14 range but do think the business model can be a tough one. But management has done it all before, very successfully. We would lean toward RAY. The valuation is interesting and the share momentum looks good alongside some acquisition driven growth.