Two blue-chip grocers with gains ahead

Loblaw is ready to thrive in a post-COVID-19 environment. Many of its customers who opted for home delivery (or in-store pickup) during pandemic lockdowns are sticking with that value-added service. The company’s improvements to its loyalty programs should also drive additional spending per visit, both… Read More

These REITs offer very attractive yields

While rising interest rates have increased the appeal of bonds and hurt REITs in the past year, Choice Properties and H&R remain excellent ways for investors to earn income. We see both as buys.
CHOICE PROPERTIES REIT, $12.88, is a buy. Canada’s biggest REIT (Toronto symbol CHP.UN; Units o/s:… Read More

New properties will boost cash flow

CHOICE PROPERTIES REIT $13 is top pick for 2023. Canada’s biggest REIT (Toronto symbol CHP.UN; Cyclical-Growth Payer Portfolio; Manufacturing & Industry sector; Units outstanding: 723.6 million; Market cap: $9.4 billion; Distribution yield: 5.8%; Dividend Sustainability Rating: Above Average; www.choicereit.ca) owns 702 retail, industrial, office space and residential properties. George… Read More

These REITs focus on the best markets

While rising interest rates have increased the appeal of bonds and hurt REITs in the past year, Choice Properties and H&R remain excellent ways for investors to earn income. We see both as buys.
CHOICE PROPERTIES REIT, $13.29, is a buy. Canada’s biggest REIT (Toronto symbol CHP.UN; Units o/s:… Read More

Lower costs give Loblaw an edge

Loblaw and Canada’s other big supermarket operators have come under pressure for generating strong profits in the wake of the pandemic. The earnings growth in part reflects higher food prices at its stores as the company passes along its own higher costs.
Still, Loblaw’s success at… Read More