Torstar and Transcontinental should continue to benefit from rising advertising revenue as the economy improves. As well, both companies have bought new, efficient presses that have lowered their operating costs. Moreover, both are cheap in relation to their earnings.
TORSTAR CORP. $15 (Toronto symbol TS.B; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 79.1 million; Market cap: $1.2 billion; Price-to-sales ratio: 0.8; …read more »
TOROMONT INDUSTRIES LTD. $30.49 (Toronto symbol TIH; TSINetwork Rating: Extra Risk) (416-667-5511; www.toromont.com; Shares outstanding: 76.9 million; Market cap: $2.3 billion; Dividend yield: 2.1%) has two divisions: the equipment group and the compression group.
In the three months ended December 31, 2010, Toromont’s revenue jumped 56.7%, to $709.7 million from $452.8 million a year earlier. The increase was mostly due to …read more »
Symantec Corp., Nasdaq symbol SYMC, sells Internet security technology, including anti-virus and Internet content and email filtering software, to businesses and consumers.
In the three months ended December 31, 2011, Symantec’s revenue rose 3.6%, to $1.6 billion from $1.5 billion a year earlier. The stock market investment gets 52% of its revenue from overseas sales. If you disregard the negative …read more »
Metro Inc., symbol MRU.A on Toronto, is Canada’s third-largest supermarket, after Loblaw and Sobeys. Metro has about 600 supermarkets and 250 drugstores in Quebec and Ontario under banners including Metro, Metro Plus, GP, Super C and Food Basics. In Quebec, its franchises include Brunet drugstores and Cini-Plus pharmacies.
Metro is one of the bargain stocks we analyze in our Successful …read more »
CGI Group Inc., $19.54, symbol GIB.A on Toronto, is Canada’s largest provider of computer-outsourcing services. The company’s services help its customers automate certain routine functions, such as accounting and buying supplies. That makes its clients more efficient, and lets them focus on their main businesses.
CGI is one of the value stock picks we analyze in our Successful Investor newsletter.
In …read more »
Investors often ask how we have managed to recommend so many value stock picks that get taken over for big profits. In fact, some readers of our newsletters and investment services tell us that they never had a stock taken over at a profit until they began following our advice.
More on the strategy that helps us routinely spot takeover candidates …read more »
BMTC GROUP $23.75 (Toronto symbol GBT.A; SI Rating: Extra Risk) (514-648-5757; No web site; Shares outstanding: 50.9 million; Market cap: $1.2 billion; Dividend yield: 1.0%) is one of Quebec’s largest retailers of furniture, electronics and household appliances. It sells these products through its two affiliates: Brault & Martineau Inc. and Ameublements Tanguay.
The company has 20 large stores in the Montreal, …read more »
For many investors, every investment involves a two-part decision. First they decide what to buy, then they decide what price they’ll pay. Most are looking for bargain stocks, and want to buy, say, 5% to 10% below current prices.
These investors often explain that they are simply looking to buy bargain stocks the way a smart consumer buys a car. But …read more »
Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a new or experienced investor, these weekly updates are designed to give you specific advice on successful investing, including how to spot the best bargain stocks for your portfolio. Each Investor Toolkit update gives you a fundamental tip and shows you how you can put it into …read more »
FAIRFAX FINANCIAL HOLDINGS $405.51 (Toronto symbol FFH: SI Rating: Average) (416-367-2612; www.fairfax.ca; Shares outstanding: 19.9 million; Market cap: $8.1 billion; Dividend yield: 2.5%) sells insurance and reinsurance. It also manages investments. This provides it with erratic earnings, and as a result it trades at a low p/e (ratio of share price to per-share earnings).
In the three months ended June 30, …read more »
One of the sweetest and most profitable pleasures of successful investing is to buy a high-quality “bargain stock” (or a stock that is reasonably priced, if not cheap, in relation to its sales, earnings or assets), then hold on to it as mainstream investors recognize its value and push up its share price. Pat McKeough is an expert at delving into a company’s financial statements and identifying undervalued securities and bargain stocks.
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