IGM expands in the U.S.

POWER CORP., $36.33, is a buy. The conglomerate (Toronto symbol POW; Shares outstanding: 611.2 million; Market cap: $24.2 billion; TSINetwork Rating: Above Average; Dividend yield: 5.8%) owns 61.8% of IGM Financial (symbol IGM on Toronto). is Canada’s largest independent mutual-fund provider.
IGM is now buying 20.5% of Rockefeller Capital… Read More

Great-West’s acquisitions make us wary

Great-West Lifeco has completed several acquisitions in the past two years as part of a plan to diversify beyond insurance. The plan should spur its long-term growth, but constantly integrating new businesses adds risk.
GREAT-WEST LIFECO INC. $37 is a hold. The company (Toronto symbol GWO; Conservative Growth… Read More

Our updates help keep you on track

NEWMONT CORP. $52.07, remains a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Shares o/s: 793.8 million; Market cap: $34.6 billion; TSINetwork Rating: Average; Dividend yield: 3.1%; www.newmont.com) has completed the sale of its common shares of Triple Flag Precious… Read More

Buy quality assets at a discount

POWER CORP. $35 is a buy. The conglomerate’s (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 667.1 million; Market cap: $23.3 billion; Dividend yield: 6.0%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) primary investments are controlling stakes in Great-West Lifeco, IGM Financial and robo-advisor Wealthsimple. It also… Read More

IGM’s outlook outshines its Power family

Investors in Great-West, IGM and their parent company Power Corp. enjoy high, sustainable dividend yields. For new buying, however, we prefer IGM and its parent.
GREAT-WEST LIFECO INC. $35 is a hold. The company (Toronto symbol GWO; Conservative Growth Payer Portfolio, Finance sector; shares outstanding: 931.9 million; Market… Read More

Use our updates to enhance your portfolio

COLLIERS INTERNATIONAL GROUP INC. $157 is a buy for aggressive investors. This company (Toronto symbol CIGI; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 41.8 million; Market cap: $6.6 billion; Price-to-sales ratio: 1.1; Dividend yield: 0.3%; TSINetwork Rating: Extra Risk; www.colliers.com) offers a range of services, including… Read More

Earn a 5.2% yield from IGM Financial

Earn a 5.2% yield from IGM Financial

While assets under management have declined with the recent market downturn, a recent acquisition will help lift IGM Financial’s business in China and add to earnings immediately.

We expect stock market volatility and higher interest rates to create more demand for the firm’s professional advisors.

The stock… Read More

Power makes some moves

POWER CORP., $36.14, is a buy. The conglomerate (Toronto symbol POW; Shares o/s: 612.3 million; Market cap: $24.2 billion; TSINetwork Rating: Above Average; Dividend yield: 5.5%) owns controlling stakes in Great-West Lifeco, IGM Financial and robo-advisor Wealthsimple. It also owns 14.9% of Belgian holding company Groupe Bruxelles Lambert.
Power… Read More