Canadian small caps are under pressure for non-fundamental reasons: Colin Stewart
Colin Stewart, CEO and portfolio manager at JC Clark Ltd., tells BNN Bloomberg there are significant buying opportunities emerging in Canadian small-cap stocks, which are now trading at the largest discount to large cap peers in over 20 years. He believes recent M&A activity in this segment confirms that sophisticated buyers are willing to pay big premiums for these companies. Stewart’s stock pick today is Park Lawn (PLC TSX), a leading provider of funeral and cemetery services in north America.