Skip to main content

The Globe and Mail

Stocks without borders: Finding tomorrow's world-beaters

Comstock Images/Getty Images/Comstock Images

What are we looking for?

Companies with growing revenues generated from across the globe.

With the help of Jamie Hynes, sales director with S&P Capital IQ, we scoured Canadian and U.S. major exchanges in search of companies with growing revenues over the trailing 12 months.

Story continues below advertisement

To make the cut, at least one third of trailing 12-month revenues had to be generated in Canada and the United States and at least one-third of revenues from outside North America.

How we did it

Mr. Hynes used the S&P Capital IQ Screener to search for stocks with:

A market capitalization greater than $500-million;

Revenue growth in latest 12 months;

More than 33 per cent of revenue in latest 12 months from the U.S. and Canada;

More than than 33 per cent of revenue in latest 12 months from Asia/Pacific, Africa/Middle East, Europe, or Latin America and the Caribbean;

Story continues below advertisement

Mr. Hynes also specified that the average analyst recommendation for a stock must be a "buy" or "hold" – no "sells."

More about S&P Capital IQ

S&P Capital IQ offers a comprehensive set of tools for fundamental analysis of global securities as well as idea generation and work flow management.

Its Web- and Excel-based platform provides access to both real-time and historical information on companies, markets, transactions and people around the world.

What we found

Just 19 stocks met the criteria listed above (sorted by percentage revenue growth in the accompanying table).

Story continues below advertisement

Just one Canadian-based company – Brookfield Asset Management – makes the cut.

Stocks with growing revenues that are generated from across the globe have been rewarded in the year to date.

The average Canadian-dollar return for the stocks on our list is 5.4 per cent compared with 3.4 per cent for the S&P/TSX Composite Total Return Index.

Remember, though, that there is no guarantee that these shares will continue to go up.

As always, you should do your own research before buying any of the stocks listed here.

Report an error Editorial code of conduct Licensing Options
As of December 20, 2017, we have temporarily removed commenting from our articles. We hope to have this resolved by the end of January 2018. 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.