Skip to main content
// //

Jason Donville is president & CEO, Donville Kent Asset Management. His focus is on Canadian small caps and financial stocks.

Top Picks:

High Liner Foods
This company is emerging as one of Canada's better consumer plays. The stock has a good return on capital, strong brands and the fact it is trading on just eight times 2013 cash earnings makes it a bargain.

Story continues below advertisement

Badger Daylighting
This company is a play on north American infrastructure, as well as the oil and gas industry to some extent. A 3.6-per-cent dividend is attractive and the company's 29-per-cent ROE is very powerful.

Enghouse Systems
The company has a focused strategy, lots of cash and should grow by at least 20 per cent in 2013. The dividend is decent at 1.7 per cent but the upside will come from more acquisitions.

Past Picks: Dec. 12, 2011

Constellation Software
It remains our fund's largest holding.
Then: $76.74
Now: $117.75
Total return: +58.30 per cent

Home Capital Group
The best managed financial services company in Canada; our fifth-largest position.
Then: $50.45
Now: $53.07
Total return: +7.13 per cent

Paladin Labs
Our fourth-largest position.
Then: $39.45
Now: $40.55
Total return: +2.79 per cent

Total Return Average: +22.74 per cent

Story continues below advertisement

Market outlook

The recent correction has put value back into the market. We expect equity markets to remain strong until spring, favouring non-cyclical businesses over cyclical ones.

Report an error Editorial code of conduct
Tickers mentioned in this story
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

Comments that violate our community guidelines will be removed.

Read our community guidelines here

Discussion loading ...

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies