Despite the fact that Canada’s economy shed 35,700 jobs in November, pushing unemployment to 7.1%, construction and manufacturing continue to thrive. Manufacturing is being helped by a falling Canadian dollar, and the stocks on our list today should continue to get a boost into 2016.
AirBoss of America Corp. (TSX: BOS) – $18.25
Tire & Tube Manufacturers
AirBoss of America Corp. is a Canada-based company engaged in the manufacture of rubber-based products to resource, military, automotive and industrial markets. The Company operates in three segments: Rubber Compounding, Engineered Products and Automotive.
- Market Cap: $407,308,040
- Total Revenue (LTM): $387,490,917
- Operating Income (LTM): $24,150,742
- YTD Price Change: 45%
Related: 5 Stocks That Should Get a Lift From Sliding Oil Prices >>
COM DEV International Ltd. (TSX: CDV) – $6.02
Satellite Design & Manufacture
COM DEV International Ltd. is a Canada-based technology company engaged in designing, manufacturing and distributing of space communications and space science products and systems. The Company operates in two segments; the Space segment and the Data Services segment.
- Market Cap: $460,917,924
- Total Revenue (LTM): $219,631,000
- Operating Income (LTM): -$57,000
- YTD Price Change: 51%
AgJunction Inc. (TSX: AJX) – $0.64
Satellite Design & Manufacture
AgJunction Inc. is a China-based company that provides hardware and software applications for precision agriculture across the world. The Company is engaged in the design, marketing and sale of precision Global Positioning System (GPS) products and technologies. The Company’s divisions include Outback, Satloc and original equipment manufacturer (OEM) Solutions.
- Market Cap: $77,832,377
- Total Revenue (LTM): $46,664,748
- Operating Income (LTM): -$20,161,798
- YTD Price Change: 3%
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The Ubika Mining 20 (UM20) index slipped 3.4% during the past month yet handily beat the 13.1% slump by the TSX Mining Index, UM20’s closest benchmark. The TSX Venture index, meanwhile, eased 1.3%. Lucara Diamond Corp. (TSX: LUC) was the top-performing component company this month, powering 27% higher after announcing the recovery of the second largest gem-quality diamond ever mined. Get your copy of the Ubika Mining 20 report here >>
Heroux-Devtek Inc. (TSX: HRX) – $12.46
Aircraft Parts Manufacturing
Heroux-Devtek Inc. (Heroux-Devtek) is a Canada-based company that manufactures aerospace products. The Company designs, develops, manufactures, repairs and overhauls landing gear systems and components used in the aerospace market. It supplies the commercial and military sectors of the aerospace market with landing gear systems and components, as well as aftermarket products and services, including spare parts and repair and overhaul services.
- Market Cap: $444,121,274
- Total Revenue (LTM): $387,200,000
- Operating Income (LTM): $10,400,000
- YTD Price Change: 9%
Velan Inc. (TSX: VLN) – $15.36
Industrial Valve Manufacturing
Velan Inc. is a manufacturer of steel industrial valves. The Company designs, manufactures and markets a range of industrial valves for use in various industries, including power generation, oil and gas, refining and petrochemicals, chemicals, pulp and paper, liquefied natural gas and cryogenics, mining and shipbuilding. Its product lines are grouped into the broad categories of gate, globe, check and quarter-turn valves.
- Market Cap: $97,187,731
- Total Revenue (LTM): $563,416,230
- Operating Income (LTM): $33,908,136
- YTD Price Change: -29%
