Investment Thesis
Cogeco Communications (CGEAF) (TSX: "CCA") delivered a strong F2019 with high single digit top line and double-digit bottom line growth. Despite a slight decline in its Canadian segment, its U.S. segment should continue to perform well thanks to its competitive advantage over its peers. The company has also significantly reduced its leverage and may be in a position to grow its business by acquisition very soon. Cogeco offers a growing dividend with a yield of 1.8%. Given its surge in share price since the beginning of 2019, its shares are no