“What we are looking for as value investors is quality franchises with solid management teams, strong balance sheets, high returns on capital, growing free cash flow, and we want that entire package at an attractive valuation,” says Anish Chopra, Managing Director and Portfolio Manager at TD Asset Management, in an interview with SmallCapPower.com. He sees opportunities in Canadian bank and insurance companies, explains why investors shouldn’t ignore the large-cap energy space in Canada, and mentions one company in particular that he expects will grow its production and increase its dividend.
