Focusing on natural gas production is riskier than diversifying between gas and oil, because gas can stay depressed for much longer. However, gas has begun rising lately. If that trend continues, it could pay off hugely for gas-focused stocks like these two.
DELPHI ENERGY $1.68 (Toronto symbol DEE; SI Rating: Speculative) (403-265-6171; www.delphienergy.ca; Shares outstanding: 92.3 million; Market cap: $155.1 million) …read more »
The Successful Investor value investing approach follows the basic model set by the old-fashioned Graham/Dodd approach. Basically, it tries to identify well-financed companies that are well-established in their businesses and have a history of earnings and dividends. They are likely to survive any economic setback that comes along, and thrive anew when prosperity returns, as it inevitably does.
When we recommend …read more »
Should you stick with your current stock broker or switch to a discounter? To answer that question, you need to consider your own experience and abilities, and those of your stock broker.
Brokers, good and bad
A good stock broker (one who is experienced, knowledgeable, and oriented toward the long term) is worth the top commissions you are likely to pay. For …read more »
Asset allocation funds are mutual funds that distribute their assets in accordance with all investors’ goals (consistent returns, diversified investments, etc.). Unlike balanced funds, they can shift their portfolio allocations between stocks, bonds and cash in order to capitalize on perceived investment opportunities in any one of those classes.
If a fund’s name includes the term “asset allocation,” it means …read more »
You hear a lot of comparisons these days between the current market downturn and the 1929 stock market crash. That’s mainly due to a lack of comparables. The recent market downturn is the worst since World War II. However, nothing since then has come close to the crash that lasted into the 1930s.
When investors ask how bad it can get, …read more »
Growth stocks are companies that are expected to have earnings growth above the market average. Frequently, growth stocks pay little or no dividends, instead re-investing any extra money to promote further growth.
These are not to be confused with momentum stocks. Momentum stocks are stocks that are moving higher in the market. While individual definitions may differ, the overall goal from …read more »
When stock prices go down as much as they have lately, it generally means the stock market offers some highly attractive buying opportunities. But many investors now wonder if we are headed for a period of years of weak stock markets.
In fact, we’ve already gone through more than a decade of unsettled stock markets. Stock prices have dropped more than …read more »
partly because so many commentators are talking about the risk of a 1930s-style depression.
That kind of talk is common in any deep stock market setback. But this time it’s closer to home, due to plunging house prices and the troubles of the auto industry.
To top it off, President Obama has taken to warning that we risk a new depression if …read more »
DUNDEE REIT $13.88 (Toronto symbol D.UN; SI Rating: Speculative) (416-365-3535; www.dundeereit.com; Shares outstanding: 16.9 million; Market cap: $235.2 million) owns and operates seven million square feet of office, industrial and retail space, including 43 office buildings and 36 industrial properties. GE Real Estate holds a 14.3% voting interest in Dundee, and Dundee Corp. holds 16%.
Revenues were $50.4 million in …read more »
BANK OF NOVA SCOTIA 6.25% SERIES 26 PREFERREDS $24.90 (Toronto symbol BNS.PR.T) pay quarterly dividends at a rate of $1.5625 annually and have a current yield of 6.28%. Dividends are paid in April, July, October and January.
Like most Canadian financial institutions, Bank of Nova Scotia’s preferred dividends are non-cumulative. That’s because it’s more advantageous for banks to classify their preferred …read more »