Michael Sprung's Top Picks: May 2, 2023 - BNN Bloomberg

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TopPicks from Michael Sprung, president, Sprung Investment Management

Michael Sprung, president at Sprung Investment Management, discusses his top picks: Alimentation Couche-Tard, Aecon Group, and CVS Health.Couche-Tard is the largest convenience store operator in North America with over 7,500 company-operated stores. ATD operates over 2,000 stores in Europe. In addition, the company is a leader in convenience stores and fuel centres in Scandinavia and the Baltic states with a growing presence in Poland.

5 million and the sale of the Ontario road-building business for $235 million, ARE is in a much stronger financial position. The four remaining problem fixed-price contracts should be substantially completed by next year. Aecon is now in a position to concentrate on more lucrative contracts in a robust bidding environment. At current levels, the stock is yielding near 5.9 per cent.CVS is the largest healthcare company in the U.S. by revenue.

 

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