Investors should buy Wi-LAN Inc. (WIN-T5.50-0.01-0.18%) now given the stock's recent pullback, which has left it trading below net asset value, contends CIBC World Markets Inc. analyst Todd Coupland. "Our view is that present value of WIN's licensing pipeline is at least $6 per share," he said, noting that the high-speed wireless equipment company is shielded from economic swings given that 80 per cent of its contracts are fixed.

Upside: Mr. Coupland reinstated coverage with a "sector outperformer" rating and $10 price target.

All prices Canadian dollars..