18:33:06 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Colliers International Group Inc
Symbol CIGI
Shares Issued 41,951,236
Close 2022-05-26 C$ 146.44
Market Cap C$ 6,143,339,000
Recent Sedar Documents

Globe says Colliers, others look like good buys

2022-05-26 07:54 ET - In the News

Also In the News (C-CTC) Canadian Tire Corp Ltd
Also In the News (C-JWEL) Jamieson Wellness Inc
Also Use of Proceeds (C-TFII) TFI International Inc
Also In the News (C-ZZZ) Sleep Country Canada Holdings Inc

The Globe and Mail attempts to identify beaten-down stocks showing signs of longer-term profitability in its Thursday edition. The Globe's guest columnist Ian Tam writes that as rocky equity markets continue to worry those who look at their portfolios all too often, the S&P/TSX Composite Total Return Index has posted year-to-date losses totalling 4.5 per cent. For the optimistic investor, the recent negative market action might present some buying opportunities. To borrow from Warren Buffett, "be fearful when others are greedy, and greedy when others are fearful." With that in mind, Mr. Tam looked for companies where the share price has declined significantly on a year-to-date basis, but show signs of longer-term profitability and positive analyst sentiment. He says experienced investors will quickly realize this is not really a Buffett-like approach, but rather one that focuses on fundamental growth, as opposed to deep value, which Mr. Buffett is known for. To qualify, stocks needed to have a market capitalization greater than $140-million. Stocks that meet Mr. Tam's requirements are Colliers International Group, Jamieson Wellness, Canadian Tire, Sleep Country Canada Holdings and TFI International.

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