April 28, 2016

On Thursday, the S&P 500 was down 0.9% while Toronto was about unchanged.

Most of our stocks were down.

Constellation Software was down 5.1% to $487. This is an extremely well managed company and the price decline provides an opportunity to buy.

AutoCanada was down 6.2% to $20.00. This company continues to expand and appears to offer good potential returns at this price.

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