Bruce Campbell is president and portfolio manager of StoneCastle Investment Management. His focus is Canadian equities.
Concordia Healthcare (CXR-TSX)
Concordia is a growth-by-acquisition story – they recently announced their largest to-date and last acquisition a few weeks back. With all the activity in the pharma sector, they have many, many more opportunities for acquisitions. They have a run rate of $70-$75 million in EDITDA, pay a nice dividend and have a favourable tax structure.
Redwood Equity Growth Class portfolio manager Bruce Campbell determines whether he should be on offence or defence before looking for individual stocks, and things are looking fairly good right now.
“We started to see relative strength in a number of Canadian sectors about a year ago, as well as how domestic stocks compared to their U.S. peers,” the founder of Kelowna, B.C.-based StoneCastle Investment Management said.
If you’re searching for a stock to add to your RRSP portfolio—the deadline is only a month away—consider Easyhome Ltd. (TSX: EH), a small-cap financial company- based in Mississauga. It’s a little riskier than holding a big bank in your retirement account, but if you don’t mind owning a $205 million market-cap business then there could be some good upside ahead, says Bruce Campbell, president and portfolio manager at Kelowna-based StoneCastle Investment Management.
Investing whiz Bruce Campbell of Kelowna has done it again. Campbell’s StoneCastle Investment Management has another fund it manages as a top performer in the country. The Redwood Equity Growth Fund Campbell manages for the Toronto-based mutual fund com- pany, grew 11.9 per cent in the three months ending Sept. 30. The next closest on the list of the 15 top performers was iShares S&P at 9.4 per cent. “This year investors diversified and were willing to put their money into some growth,” said Campbell from his office in one of the Landmark towers.