Apple
NASDAQ symbol AAPL, makes computers under the Mac name. It also makes consumer electronic devices such as the iPod and iPhone.
INDIGO BOOKS & MUSIC INC. $16 (Toronto symbol IDG; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 24.5 million; Market cap: $392.0 million; Price-to-sales ratio: 0.3; Dividend yield; 2.5%; SI Rating: Average) is Canada’s largest bookseller. The company operates 96 superstores under the Indigo and Chapters banners. It also has 151 mall-based stores under the Coles, Indigo, Indigospirit, SmithBooks and The …read more »
A subscriber to Stock Pickers Digest, our newsletter for aggressive investing, recently asked us how much importance we give to a company’s name when we’re selecting growth stock picks to recommend in our newsletters and investment services. He felt that a poorly thought-out company name may reflect a poorly thought-out business plan and a low chance of success.
He specifically …read more »
VANGUARD GROWTH ETF $51.35 (New York symbol VUG; buy or sell through brokers) aims to track the MSCI U.S. Prime Market Growth Index, a broadly diversified index that mainly consists of stocks of large U.S. companies. The fund has an MER of just 0.15%.
The $15.7-billion fund’s top holdings are Microsoft, IBM, Apple Inc., Cisco Systems, Wal-Mart Stores, Google Inc., Hewlett-Packard, …read more »
Pennsylvania-based Vanguard Group is one of the world’s largest investment-management companies. It manages over $1 trillion U.S. in 150 mutual funds.
Vanguard, which went into business in 1975, offers low-fee index mutual funds. Generally speaking, Canadians can’t buy units of mutual funds that are registered in the U.S. because they aren’t registered with provincial securities commissions. For that matter, some Canadian …read more »
APPLE INC. $208 (Nasdaq symbol AAPL; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 906.3 million; Market cap: $188.5 billion; Price-to-sales ratio: 4.1; No dividends paid; WSSF Rating: Average) has gained 2,089.5% since we first recommended it at $9.50 (adjusted for splits) in our November 2000 issue.
Back then, the iPod was still a year away and Apple was struggling …read more »
TD SCIENCE & TECHNOLOGY FUND $15.13 (CWA Rating: Aggressive) (TD Asset Management, P.O. Box 7500, Station A, Toronto, Ont. M5W1P9. 1-800-386-3757; Web site: www.tdcanadatrust.com. No load — deal directly with the bank) mostly invests in U.S. firms that research, develop and produce products or services related to science and technology.
TD Science & Technology’s top holdings include Microsoft, IBM, Apple, Google, …read more »
ALTAMIRA SCIENCE & TECHNOLOGY FUND $7.59 (CWA Rating: Aggressive) (Altamira Investment Services, The Exchange Tower, 130 King Street West, Suite 900, Toronto, Ont. M5X 1K9. 1-800-263-2824; Web site: www.altamira.com. No load — deal directly with the company) mostly invests in U.S. companies in the telecommunications, biotechnology, environmental-technology, health-care and computer industries.
Altamira Science & Technology’s top holdings include Apple, Microsoft Corp., …read more »
BCE INC. $28.54 (Toronto symbol BCE; Shares outstanding: 767.2 million; Market cap: $21.9 billion; SI Rating: Above Average; Dividend yield: 6.1%) will face pressure from three new wireless providers (Globalive’s WIND Mobile, DAVE Wireless and Public Mobile) that will probably enter the Canadian market this year. But BCE has dealt with strong competition from wireless and cable companies for years.
For …read more »
Many U.S. corporations cut their information-technology spending while they waited for the economy to start growing again. At the same time, U.S. consumers were buying less computer equipment as job losses pushed up the unemployment rate and eroded confidence.
Spending has started to recover. As well, many U.S. technology companies have increased their international sales. At the same time, the high …read more »
TELUS CORP. $32.34 (Toronto symbol T.A; Shares outstanding: 335.6 million; Market cap: $10.9 billion; SI Rating: Above Average; Dividend yield: 5.9%) expects its revenue to rise by 2% to 5% in 2010, to between $9.8 billion and $10.1 billion.
Most of the gain will come from its wireless division, which accounts for half of Telus’s revenue and earnings. This division recently …read more »
