FRED LUM/The Globe and Mail
Validea's pick of the week provides a detailed report on a company that scores well in the stock-screening service's model portfolios. On Validea.ca, investors can analyze 1,000 Canadian stocks through 12 different guru-based models and get individual reports on each company. Globe Investor has a distribution agreement with Validea.ca. Try it. Globe readers can get a limited-time 25-per-cent discount.
It's a rare thing when three of Validea's model portfolios point to the same stock. But Metro Inc. and its network of more than 600 food stores in Quebec and Ontario did just that, scoring well on both value and growth criteria.
Validea's model portfolios are based on the investing approaches of some of history's most successful stock pickers. The stock screens highlight value, dividend and growth stocks based on interpretations of the published writings of well-known stock market gurus, including Warren Buffett, Peter Lynch, Benjamin Graham, Kenneth Fisher, Martin Zweig, David Dreman, Joseph Piotroski and Joel Greenblatt.
Metro Inc. scored well on Validea's Peter Lynch model portfolio (which focuses on price-to-earnings-to-growth valuation), James O'Shaughnessy's growth- and value-based portfolio, and Zweig's growth-oriented portfolio. Click here to read the full report for a detailed breakdown.