Raymond James Announces Canadian Equity Analysts' Best Picks for 2012
TORONTO, Jan. 10, 2012 /CNW/ - Investment Dealer Raymond James Ltd. today announced its Canadian Equity Analysts' Best Picks list for 2012.
The list highlights 10 individual stocks of Canadian companies that Raymond James analysts expect will produce superior results during the upcoming year. The 10-analyst-selected stocks are:
STOCK NAME AND SYMBOL | ||
Alamos Gold Inc. (AGI-TSX) | Fortress Paper (FTP-TSX) | Methanex (MEOH-NASDAQ | MX-TSX) |
Bird Construction Inc. (BDT-TSX) | Legacy Oil & Gas Inc. (LEG-TSX) | Secure Energy Services Inc. (SES-TSX) |
Domtar (UFS-NYSE | UFS-TSX) | Lumina Copper Corp. (LCC-TSXV) | Shoppers Drug Mart (SC-TSX) |
Eldorado Gold Corp. (EGO-NYSE | ELD-TSX) | ||
"The Raymond James Canadian research team is proud of our long-term stock picking record, with the annual best picks list delivering a simple average holding period return of 18.5% over the past 9 years, outpacing the S&P/TSX small cap index by 7.5% on the same basis," says Daryl Swetlishoff, Head of Research at Raymond James Ltd. "With the pronounced market volatility amid macro uncertainty, the results for 2011 were, however, less encouraging with a holding period return of -34.1% compared to -11.8% for the S&P/TSX Small Cap Index."
Swetlishoff reminds investors that individual results will vary and transaction costs related to investing in these stocks will affect overall performance. "There is no assurance that the Best Picks will achieve the results expected and like any investment, investors could incur profits or losses," he says. "These stocks represent a current snapshot of our analysts' best ideas; however, we continue to encourage investors to focus on risk adjusted returns and appropriate asset allocation while investing over the long term."
Raymond James is a leading North American independent full service investment dealer offering a full range of professional investment services and products including: private client services, financial and estate planning, portfolio management, insurance, equity research, investment banking and institutional sales and trading. Through its network of approximately 5,400 Financial Advisors across North America and in key international centers, Raymond James serves more than 2 million individual clients and manages more than $268 billion in client assets under administration. For more information about Raymond James, please visit our web site at: www.raymondjames.ca.
The 2012 Canadian Best Picks Research document contains specific disclosures.
Peter Kahnert, Corporate Communications and Marketing: (416) 777-7052
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