Savaria Corp (SIS.TO)

Health care equipment. This was a former Top Pick of his and he still likes it. It does all the right things. Recently increased their dividend by 30% and are making good acquisitions. They have strong tailwinds with the baby boomer demographic.

The stock has been really driven as of late as it got added to the small cap index. It may be a little ahead of itself. They just raised the dividend 30% last week. It is very well managed and if you are a long term investor you could hold it for many years to come. Short term investors should take profits now.

In mobility aids and aging demographics, and seems to be executing on all cylinders at this time. They increased the dividend and their earnings continue to go up. Valuation is getting a little expensive for him.

(A Top Pick June 18/15. Up 42.79%.) They have been growing organically and through acquisitions. Their big focus is supplying homes with stair lifts, elevators, and other equipment to help accessibility and mobility. A big part of their business is van conversions. Demographics are really going in their favour. They manufacture in China and assemble in Brampton and Lavalle Québec. Have been growing their dividend. Sees a tremendous future for them to really grow North American wide. More and more of their sales are in the US.

(A Top Pick March 3/16. Up 37.58%.) He still likes this. They are involved in accessibility equipment such as stair lifts, etc. This is a demographic tailwind in that people want to stay in their houses longer. Recently acquired the automotive division of the Shoppers Home Health Care which builds on their van conversion business. They also did a $20 million financing for purposes of future growth. Thinks that they have a few acquisitions in their back pocket they are thinking about. When that happens, they will be back on the growth track. Still a Buy.

Basically in lifts such as elevators, retrofitting vans for wheelchair assess ability. Management owns a very large part. Have continued to show both top line and margin expansion growth. A lot of their competitors have left the elevator space for smaller buildings. This gives them better pricing power. A very supportive and aligned management team.

Manufactures mobility assist devices. Just reported great numbers in the 30% range in terms of growth. Great balance sheet. Insiders own about 45%. Nice margins and nice demographics. 10,000 people turn 65 every day, and they are playing right into that market, so the outlook is pretty good. Dividend yield of 2.5%.

Produces and sells accessibility equipment such as stair lifts, chairlifts, elevators for the home. Riding a great demographic tailwind. You have the baby boomer demographics which is living longer and healthier and wanting to stay in their homes. There is really high insider ownership. Also, pays a nice dividend.

Stair lifts and mobility aids. Huge demographic tail winds. A very well managed company. A good distribution network in Canada. He really likes the company. Great growth ahead and a great segment to be in.

He doesn’t cover this one formally, but did put it in one of his portfolios because he likes it. Thinks there is lots of opportunity here. Management knows what they are doing. The growth rate is there. Valuation is acceptable. He likes the demographic play they have on the healthcare market. Management owns a big chunk.

Health care sector. Most of the rest in the sector is too expensive. They make accessibility equipment for the mobility challenged and do the conversion of minivans. It is a unique company. The family owns 50% of the stock.

Two businesses. One is for in-home lift systems. The second is elevators in your home for cars. The demographics for the medical lifts are obviously quite positive, but the others are negative. He sold because it was getting pricy.