Goldman Sachs places MTU on its 'focus list'

Extract from:
http://www.********.au/2015/09/16/three-new-mid-cap-stocks-on-goldman-sachs-best-buy-list/

But there are three smaller company stocks investors should be putting on their shopping list as well after Goldman Sachs added them to its small & mid cap “focus list”, which showcases the brokers best picks in the sector.
The three new entries are...... and utilities reseller M2 Group Ltd.

M2 Group

Another stock that investors should be buying on weakness is M2 Group, which has shed nearly 20% of its value in the past three months.

But there are a number of reasons to be bullish on the stock. Firstly, M2 is seen as a quality company with a strong track record of delivering earnings growth and has an improving cash return on capital invested (CROCI).
In addition, M2 has secured an internet backhaul agreement with Telstra Corporation Ltd (ASX: TLS) that will sustain solid growth in the fixed-line broadband market.

Goldman Sachs believes the recent pullback in M2’s share price provides an attractive entry point with MTU’s valuation now supportive.  The broker forecasts strong growth for the company with sales and EPS tipped to expand 12% and 15% a year on a compounded basis, respectively.