Today we have shortlisted 8 Canadian stocks across sectors that are expected to report high net income growth for fiscal year 2014, greater than their 5-year compound growth rate. Additionally, these stocks also offer high ROE estimates (>7%) for fiscal year 2014. During the past one month, some of the stocks have registered price gains with daily average trading volumes in excess of 100,000.
| Company Name |
Ticker |
Exchange |
Sector |
Market Cap |
Last Price |
Average Volume |
Price Change (1-Month) |
Net Income 5-year Compound Growth |
Net Income Growth 2014(E) |
ROE 2014(E) |
|
Canadian Energy Services & Technology Corp |
CEU |
TSX |
Energy |
1,411.5 |
6.59 |
860,434 |
-23.5% |
19.7% |
98.9% |
13.8% |
|
Birchcliff Energy Ltd |
BIR |
TSX |
Energy |
1,474.4 |
9.69 |
802,019 |
6.4% |
17.0% |
91.6% |
12.8% |
|
WSP Global Inc |
WSP |
TSX |
Industrial |
3,056.3 |
34.50 |
248,789 |
0.3% |
22.7% |
47.7% |
7.1% |
|
Linamar Corp |
LNR |
TSX |
Consumer Discretionary |
4,325.6 |
66.75 |
178,560 |
16.0% |
26.7% |
46.1% |
21.1% |
|
Bonterra Energy Corp |
BNE |
TSX |
Energy |
1,285.5 |
39.96 |
101,006 |
-20.0% |
2.5% |
44.0% |
13.4% |
|
Badger Daylighting Ltd |
BAD |
TSX |
Industrial |
1,088.1 |
29.38 |
153,083 |
5.9% |
16.3% |
32.4% |
27.5% |
|
Canadian Western Bank |
CWB |
TSX |
Financial |
2,739.0 |
34.08 |
203,171 |
-9.6% |
14.7% |
15.6% |
14.5% |
|
Canadian Real Estate Investment Trust |
REF-U |
TSX |
Financial |
3,498.2 |
48.61 |
117,248 |
-2.2% |
4.3% |
4.5% |
14.0% |
Source: Bloomberg
Company Description
Canadian Energy Services & Technology Corp (TSX: CEU)
Canadian Energy Services & Technology Corporation, through subsidiaries, designs and delivers drilling fluid systems used to drill oil and natural gas wells.
Birchcliff Energy Ltd (TSX: BIR)
Birchcliff Energy Ltd. evaluates acquisition opportunities for light oil and natural gas with a view to purchasing assets. The company is seeking to explore and develop oil and gas in Western Canada.
WSP Global Inc (TSX: WSP)
WSP Global Inc. offers engineering services. The company offers professional services in the areas of construction, energy, the environment, mining, municipal infrastructure, project management, telecommunications, and transportation.
Linamar Corp (TSX: LNR)
Linamar Corporation manufactures precision machine components, assemblies, and castings primarily for the automotive industry. The company also sells to the defense and aerospace industries. Linamar manufactures engines, transmissions, drivelines, steering, suspension components, and brake components.
Bonterra Energy Corp (TSX: BNE)
Bonterra Energy Corp. is an oil and gas exploration company operating in the Western Canadian Sedimentary Basin. The company’s core areas of operations are in Alberta, Saskatchewan and British Columbia.
Badger Daylighting Ltd (TSX: BAD)
Badger Daylighting Ltd. provides non-destructive excavating services. The company works for contractors and facility owners in the utility, transportation, industrial, engineering, construction and petroleum industries.
Canadian Western Bank (TSX: CWB)
Canadian Western Bank is a Schedule I chartered bank which operates in western Canada. The Bank provides commercial loans, energy loans, construction and real estate project financing, and industrial equipment financing. Canadian Western’s retail services include a variety of mortgages, consumer loans, and deposit products.
Canadian Real Estate Investment Trust (TSX: REF-U)
Canadian Real Estate Investment Trust is a real estate investment trust which owns and operates a diversified portfolio of properties in Canada. The company’s income producing properties consist of retail, industrial, and office properties.
