Skip to main content

The Globe and Mail

3 stock picks from Contra The Heard's Benj Gallander

Benj Gallander is president of Contra The Heard Investment Letter.

Top Picks:

Bank of America

Story continues below advertisement

BAC continues to deal with many issues that have hammered results over the last few years and caused many to question the company's survival. However, the recent quarterly profit was $2.5-billion and the Tier 1 Common Capital Ratio hit a record. It would not surprise to see the current dividend more than double over the next couple of years.

Torstar Corp.

Management has ably operated this outfit not only through the difficulties of the recession but during a period where newspapers have been having tremendous difficulties with the transition to digital. Over the past few years, the debt has decreased and the dividend grown. Excellent upside potential.

ATS Automation

ATS has turned the page on its turnaround and is now moving into a growth phase. A takeover or two is likely. The quarterly results this week were excellent with revenues up 20 per cent and earnings from continuing operations up 45 per cent. The backlog is at a record level. A triple from this level is not out of the question.

Past Picks:  Aug. 25, 2011

General Electric

Story continues below advertisement

Then: $15.45

Now: $21.09

Total return: +41.56%

Deswell Industries

Then: $

Now: $

Total return: %

Bank of Commerce Holdings

Then: $3.37

Now: $4.15

Total return: +27.21%

Total Return Average: +32.29%


Predicting where markets go in the near term is beyond tricky. The number of wild cards that can create volatility in both positive and negative ways is far greater than normal. The best an investor can do is attempt to ignore the noise that is fervent these days and be extremely disciplined when investing.

Watch Benj Gallander on BNN.

Story continues below advertisement

Report an error
Tickers mentioned in this story
Unchecking box will stop auto data updates
As of December 20, 2017, we have temporarily removed commenting from our articles as we switch to a new provider. We are behind schedule, but we are still working hard to bring you a new commenting system as soon as possible. If you are looking to give feedback on our new site, please send it along to If you want to write a letter to the editor, please forward to