2016’s forecast produces all winners, averaging 53% in gains year-over-year. Investorfile’s 2017 predictions focus on Caldwell Partners International (TSX: CWL), Questor Technology (TSXV: QST) and a repeat forecast for Intrinsyc Technologies (TSX: ITC).
The Investorfile blog has made it an annual tradition in the month of December to identify a few investment thoughts for the following year that could have a positive impact on the current stock price for a select group of our Top Ideas. Over the years, our annual predictions may not have been perfect, but our record shows we tend to be more right than wrong for generating investment gains and no more so than in this past year, a perfect three for three.
Yes, 2016 was an exceptional year for Investorfile's predictions. All three of our focused stock picks are up considerably in value from our blog post a year ago (See: Investorfile forecast for some of our Top Ideas). Therefore, we hope to continue last year’s success with our new set of predictions for 2017.
A recap of Investofile’s predictions for 2016:
1. Our Top Ideas stock which could have significant organic revenue growth in 2016.
Prediction was: Intrinsyc Technologies Corp. (TSX: ITC) Then: C$0.91 Today: C$1.87 up 105%2. Our Top Ideas stock, which could have a multiple of shareholder value-enhancing events occurring in 2016. Prediction was: RDM Corporation (TSX: RC) Then: C$3.90 Today: C$4.80 up 23% RDM Corporation is a payment processing services company. To date we are half-right on our prediction. The Company did increase its dividend rate in 2016, which has enhanced the value of this stock for its shareholders. Another shareholder-enhancing event like an acquisition was also part of our prediction and we think it is still come (in 2017). Also, shareholders can expect another dividend rate increase in 2017. Last blog post (See: RDM Corporation keeps delivering returns for small cap investors.)3. Our Top Ideas stock that could get discovered by the broader investment community in 2016. Prediction was: Quorum Information Technologies Inc. (TSXV: QIS) Then: C$0.42 Today: C$0.55 up 31% Quorum Information Technologies is a Software-as-a-Service (SaaS) company serving the auto dealership market in North America. This Company is profitable with a growing recurring revenue base. In 2016 more investors toke notice of this stock as both trading volumes and the stock price are on the rise.Last blog post (See: Quorum Information Technologies is equipped to grow fast.) Investorfile predictions for 2017: 1. Our Top Ideas stock which could see profits rebounding in 2017. Prediction is: Caldwell Partners International (TSX: CWL - C$0.96) Caldwell Partners International is a premier executive search firm whose focus is on the high end of the employment search market. While revenues were up marginally in fiscal 2016, Caldwell Partners profits were down as the Company weathered several challenges. That said, Caldwell Partners implemented cost reductions initiatives and the Company’s profits could rebound significantly in 2017. Of note, the Company’s insiders, CEO, CFO and Directors have reported buying the stock (on the open market) over the last several weeks. Caldwell Partners will report fiscal 2017 Q1 results next month. The Company pays a quarterly dividend with current yield of about 8.25%. Last blog post (See: Caldwell Partners’ rapid growth will not go unnoticed much longer.)2. Our Top Ideas stock which could benefit from a bounce back in the oil industry. Prediction is:Questor Technology (TSXV: QST - C$0.66) Many investment pundits are forecasting that companies who service oil industry as a group will perform well in 2017. This is due to an expected gradual increase in oil prices. Questor Technology is a leading provider of high-efficiency waste gas combustion systems used primarily by Oil & Gas companies to meet clean air emission requirements. We expect sales and, more so, rentals of Questor’s combustion systems to grow in 2017 from increased spending by its customers. Also, the Company expects the first sales of its new product technology in the waste-to-heat power market to occur in 2017. Last blog post (See: Questor Technology is not a one trick pony in clean-tech.)
3. Our Top Ideas stock which could have significant organic revenue growth in 2017. Prediction is:Intrinsyc Technologies (TSX: ITC - C$1.87) We said that Intrinsyc Technologies will have significant organic revenue growth in 2016, and it did. however, we think the growth will continue in 2017. Intrinsyc shares in the commercial success of its customers by earning recurring revenues from computer modules sales and/or design royalties in correlation with the production ramp-up of new high-tech products. We expect several of Intrinsyc’s customers will be launching commercial production in 2017. Intrinsyc Technologies is a product development company in the high technology space. Last blog post: (See: Intrinsyc Technologies is only at the beginning of its bull run.) Author’s ownership disclosure: TSX: ITC - Yes TSX: RC - Yes TSX: CWL - Yes TSXV: QIS - Yes TSXV: QST - Yes
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This article is for informational purposes only. This article is based on the author's independent analysis and judgment and does not guarantee the information's accuracy or completeness. The information contained in this article is subject to change without notice, and the author assumes no responsibility to update the information contained in this article. The information contained within this article should not be construed as offering of investment advice. Those seeking direct investment advice, should consult a qualified, registered, investment professional. This is not a direct or implied solicitation to buy or sell securities. Readers are advised to conduct their own due diligence prior to considering buying or selling any stock.
Investorfile.com is not engaged in an investor relations agreement with Intrinsyc Technologies Corp., RDM Corporation., Quorum Information Technologies Inc., Questor Technology Inc., and Caldwell Partners International Inc. nor has it received any compensation from Intrinsyc Technologies Corp., RDM Corporation, Quorum Information Technologies Inc., Questor Technology Inc., and Caldwell Partners International Inc. for the preparation or distribution of this article.
The author of this article has acquired and may trade shares of Intrinsyc Technologies Corp., RDM Corporation., Quorum Information Technologies Inc., Questor Technology Inc., and Caldwell Partners International Inc. through open market transactions and for investment purposes only. |