These two leading banks have recovered strongly from the 2008/2009 financial crisis. Their healthier balance sheets and tighter lending policies have also lowered the risk of future writedowns. We feel J.P. Morgan is the better choice right now.
WELLS FARGO & CO. $34 (New York symbol WFC; Conservative Growth Portfolio, Finance sector; Shares outstanding: 5.3 billion; Market cap: $180.2 billion; …read more »
PHILIPS ELECTRONICS N.V. ADRs $25 (New York symbol PHG; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 1.0 billion; Market cap: $25.0 billion; Priceto- sales ratio: 0.8; Dividend yield: 3.7%; TSINetwork Rating: Average; www.philips.com) continues to make progress with a major restructuring plan that includes cutting 4% of its workforce. This should save it 1.1 billion euros annually by …read more »
FEDEX CORP. $91 (New York symbol FDX; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 314.1 million; Market cap: $28.6 billion; Price-to-sales ratio: 0.7; Dividend yield: 0.6%; TSI Network Rating: Average; www.fedex.com) is seeing lower demand for its overnight international air delivery services. That’s because the uncertain economy is prompting shippers to use lower but cheaper forms of transportation, such …read more »
NVIDIA CORP. $12 (Nasdaq symbol NVDA; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 619.5 million; Market cap: $7.4 billion; Price-to-sales ratio: 1.9; No dividends paid; TSINetwork Rating: Average; www.nvidia.com) is down 5% in the past three months, mainly due to concerns that slowing sales of new computers will hurt demand for its graphic chips.
However, the company continues to …read more »
MCGRAW-HILL COMPANIES INC. $55 (New York symbol MHP; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 280.2 million; Market cap: $15.4 billion; Price-to-sales ratio: 2.4; Dividend yield: 1.9%; TSINetwork Rating: Average; www.mcgraw-hill.com) will soon split into two separate, publicly traded companies.
One of these new firms, McGraw-Hill Financial, will sell financial-information products. This business will include Standard & Poor’s, which provides …read more »
“Theme investing” can pay off from time to time. Recent investment themes have included renewable energy and emerging markets such as China and India. Today’s most popular investment themes include social media.
However, theme investing can turn out badly for investors, especially those who get in late or forget about investment quality.
The reason why is straightforward. When you indulge in …read more »
CALIAN TECHNOLOGIES (Toronto symbol CTY; www.calian.com) operates in two areas: the business and technology services division (which supplies 70% of Calian’s revenue) provides engineers, health care workers and other skilled professionals to clients on a contract basis. The systems engineering division (30% of revenue) sells hardware and software for testing, operating and managing satellite and other communication systems.
In the three …read more »
This is the time of year when many Canadians prepare to spend part or all of the coming winter in warmer weather down south. For some, this could raise the question of time-shares as an option for cheaper vacations.
If you visit a resort this winter, you may receive an invitation to a party or other event whose object is to …read more »
Pat McKeough responds to many personal questions about buying stocks and other investment topics from the members of his Inner Circle. Every week, his comments and recommendations on the most intriguing questions of the past week go out to all Inner Circle members. And each week, we offer you one of the highlights from these Q&A sessions. While we reserve …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 stock market advice and other investment tips that will help you develop a successful approach to investing. Each Investor Toolkit update gives you a fundamental tip and shows you how you can put …read more »