The latest junior market offering Main Event Entertainment hits the IC Insider’s TOP 5 list as the top stock. The new entrant pushed Caribbean Flavours just outside the list.
The forecast is for Main Event to get to $6 in 2017 based on its 2016 earnings and higher based on the 2017 earnings. Prices in the junior market, continue to gain with the junior market index gaining almost 7 percent so far and running well ahead of the main market.
Berger Paints remains in the list in spite of a sharp 12.5 percent rise on Friday, following outstanding nine months results to December. IC Insider.com increased the projected earnings from 99 cents to $1.10 with 2018 forecasted at $1.60. The stock seems set to migrate out of the list during this week with limited supply.
In the main market, Caribbean Cement slipped back from $36 to $30.50 during the past week thus enhancing its attractiveness as a buy.
Main Event heads IC TOP 5 list
January 22, 2017 by
