Jeff Mo on why U.S. mid-caps are compelling and why he likes Canadian subprime lender Goeasy
There are a lot of North American small-caps and mid-caps to choose from and Mawer Investment’s Jeff Mo is a whiz at picking themWhen Jeff Mo showed interest in the stock market as a teenager, his parents let him pick some investments for a slice of their retirement savings plan. Unfortunately, those high-flying tech funds plunged into the red when the dot-com bubble burst in 2000.
It also makes oilfield well-head processing equipment, which could be why it’s classified as an energy firm. The key is for management to continue to identify low-priced acquisitions and find significant synergies.It’s a data company operating in the subprime financial market. Goeasy uses data analytics to lend money profitably to people in severe financial straits. It may be someone lacking a good credit rating or who lives paycheque to paycheque.
Appwebview Mawer Goeasy Money Company United States Return People Paycheque Peter Lynch Nvidia Tesla
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