Once again, Paul Harris made DH a top pick yesterday. GLTA

 

  • Davis & Henderson (DH TSX)
    Company provides technology for the financial services industry. The company is expanding out of the traditional cheque producing business through bolt on acquisitions. The stock trades at 10 times earnings and has a 6.2 percent dividend yield.

 

2012-12-27 TOP PICK Paul Harris, CFA

Their business is cheques but they’ve also done some add-on acquisitions that allow them to be in the mortgage business. Moving into the US. Really great organic growth opportunities in the US. Trades at a reasonable multiple and pays a great dividend. Great balance sheet. Will continue to do well.


Price:
$21.300
Subject:
GLOBAL
Bias:
OPTIMISTIC
Owned:
Yes