Jordan Zinberg’s Small-Cap Safari: Hunting Growth in May 2025
Zinberg’s Small and Mid-Cap Gems Offer Growth and Value in a Tariff-Tangled Market
Get ready for a wild ride, investors—Jordan Zinberg, the eagle-eyed president and CEO of Bedford Park Capital, is leading a Small-Cap Safari through the Canadian market for May 2025. Armed with a keen eye for growth, Zinberg’s top picks—Propel Holdings, Lumine Group, and NTG Clarity Networks—are prime targets for bagging value and untapped potential in today’s turbulent terrain. Join the hunt to discover why these under-the-radar gems deserve a place in your portfolio, plus Zinberg’s expert map for navigating the market’s twists and turns.
Market Outlook: Tariff Turbulence Meets Opportunity
After a roaring 2024, equity markets hit a speed bump in 2025. U.S. President Donald Trump’s tariffs sent shockwaves through global exchanges, reminding investors that the only thing certain in markets is uncertainty. But Zinberg sees a silver lining. “Markets are stabilizing,” he notes, urging investors to ditch stocks with murky tariff exposure and zero in on high-quality growth names trading at bargain valuations.
In the Canadian small and mid-cap space—Zinberg’s bread and butter—opportunities abound. “We’re seeing single-digit earnings multiples on stocks with strong fundamentals,” he says. First-quarter earnings have been solid, and unless a major stumble hits, the setup for investors is downright tantalizing. Ready to dive in? Let’s unpack Zinberg’s top picks.
Top Picks: Three Stocks to Watch in May 2025
1. Propel Holdings (PRL TSX): The Lending Dynamo
Propel Holdings is rewriting the playbook for online lending, offering fast installment loans and lines of credit across the U.S., Canada, and the U.K. This fintech gem is firing on all cylinders, with rapid growth, a freshly upsized credit facility at a lower interest rate, and a growing dividend to sweeten the deal. Trading at just seven times 2026 earnings, Propel is a rare blend of value and explosive growth.
Why it’s a winner: Propel’s top- and bottom-line momentum makes it a standout for investors hunting for scalable businesses with a shareholder-friendly edge.
2. Lumine Group (LMN TSX): The Software Sleeper
Spun out of Constellation Software in 2023, Lumine Group delivers mission-critical software to the media and communications sectors. While it shares DNA with heavyweights like Constellation and Topicus.com, Lumine’s shares have lagged due to a slowdown in mergers and acquisitions. Zinberg isn’t fazed. “When M&A picks up, this stock is primed to re-rate higher,” he predicts.
Why it’s a winner: Lumine’s proven business model and untapped potential make it a compelling bet for patient investors eyeing a breakout.
3. NTG Clarity Networks (NCI TSX): The Middle East Mover
NTG Clarity Networks might be Canada-based, but its growth story is unfolding in the Middle East, particularly Saudi Arabia. This IT solutions provider is landing bigger contracts, driving over 100% revenue growth last year. Profitable and flying under the radar, NTG serves a diversified client base across multiple sectors, making it a hidden gem with serious upside.
Why it’s a winner: NTG’s rapid expansion and low profile offer a chance to get in early on a high-growth story.
Why These Picks Matter Now
Zinberg’s selections aren’t just stocks—they’re strategic bets on resilience and growth in a tariff-tangled world. Propel’s fintech firepower, Lumine’s software pedigree, and NTG’s Middle East momentum offer a diversified trio that sidesteps tariff pitfalls while capitalizing on undervalued opportunities. With Canadian small and mid-caps trading at attractive valuations, there’s no better time to take a closer look.