Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

Quebecor's Efforts To Improve Growth And Margins Not Fully Rewarded

Even though trading Canadian stocks has gotten quite a bit easier in recent years, a lot of Canadian companies don't really get the sort of attention you might expect if they were a U.S. company. Quebecor (OTCPK:QBCRF) (QBR-B.TO) looks like a good case in point, as this large Montreal-based media holding company is all but unknown to many American investors.

With their high debt levels and distant free cash flow streams, media and communications companies can be tricky to value and Quebecor is no exception. I do like the company's efforts to reduce its exposure to the low margin and declining newspaper business, as well as the company's willingness to let BCE's (NYSE:BCE) Bell Canada...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details