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SUUIF - Superior Plus: We Still Expect 40% Of Total Return From This 5.8%-Yielding Stock
Superior Plus Corp
Investment Thesis
Superior Plus Corp. (OTCPK:SUUIF) ((TSX:SPB)) delivered solid Q1 2019 with strong top and bottom line growth. The company has revised its synergies guidance in 2019 as management is ahead of its target by one year. Superior Plus has also improved its balance sheet and this will enable it to continue to pursue tuck-in acquisitions to grow its business. Its shares continue to trade at a discount to its peers and it offers an attractive 5.8%-yielding dividend. Despite its shares appreciating about 25% since we published our Top Idea article on Superior