Billionaire Prem Watsa’s 10 Stock Picks With Highest Potential

6. Colliers International Group Inc. (NASDAQ:CIGI)

Number of Hedge Fund Holders: 19

Fairfax Financial Holdings’ Stake: $3.29 Million

Analysts’ Upside Potential as of April 21: 44.03%

Colliers International Group Inc. (NASDAQ:CIGI) provides commercial real estate to corporate and institutional clients. It offers capital markets services for property sales, debt finance, mortgage investment banking, and landlord and tenant representation services. On April 10, JPMorgan lowered its stock price target to $142 from $167 but kept its Neutral stance. The price cut comes amid growing concerns of uncertainty in the real estate sector due to tariffs and recession risks.

Colliers International Group Inc. (NASDAQ:CIGI) has moved to strengthen its position as Canada’s largest commercial real estate service sector with the acquisition of Triovest. With the acquisition, it gained access to a leading commercial real estate services platform managing more than 95 million square feet of commercial real estate. In addition, the company oversees more than $15 billion in projects under development.

The acquisition comes from Colliers International Group Inc. (NASDAQ:CIGI) delivering strong Q4 2024 results that underscored underlying growth. Revenue in the quarter was up 22% year-over-year to $1.5 billion as adjusted EBITDA increased 14% to $225 million. The real estate services company is experiencing robust growth across its business segments, with the engineering division seeing a 61% increase driven by acquisitions.