Even when stock markets are in an upward trend, they are still subject to sharp setbacks, such as the one triggered by the re-election of Barack Obama as president last week. Many investors seek to protect their profits against such reverses though the use of stop-loss orders.
Before you try this approach, you should keep in mind that stop-loss …read more »
Encana, a long-time favourite of ours, was a pioneer in the development of unconventional gas reserves (also called “tight gas”). This is natural gas that is trapped in rock formations. However, as the technology to extract tight gas improved, gas production ballooned. This rise in gas production, along with warmer-than-normal winter weather, pushed down gas prices. This in turn depressed …read more »
RIOCAN REAL ESTATE INVESTMENT TRUST $27 (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 298.6 million; Market cap: $8.1 billion; Price-to-sales ratio: 5.0; Dividend yield: 5.1%; TSINetwork Rating: Average; www.riocan.com) has completed its deal to buy full control of 21 shopping malls in the U.S. from Cedar Shopping Centers, Inc. (New York symbol CDR).Previously, RioCan had …read more »
TRANSCANADA CORP. $45 (Toronto symbol TRP; Conservative Growth Portfolio, Utilities sector; Shares outstanding: 705.0 million; Market cap: $31.7 billion; Price-to-sales ratio: 3.6; Dividend yield: 3.9%; TSINetwork Rating: Above Average; www.transcanada.com) has won contracts to build and operate two pipelines that will supply natural gas to government-owned power plants in Mexico.
These lines will cost $1.4 billion U.S., and should begin operating …read more »
PENGROWTH ENERGY CORP. $5.59 (Toronto symbol PGF; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 507.1 million; Market cap: $2.8 billion; Price-to-sales ratio: 1.8; Dividend yield: 8.6%; TSINetwork Rating: Average; www.pengrowth.com) has suffered from low natural gas prices, same as Encana. That’s why in May 2012 it bought NAL Energy Corp., which gets roughly half of its production from higher-priced oil. …read more »
BELL ALIANT INC. $27 (Toronto symbol BA, Conservative Growth Portfolio, Utilities sector; Shares outstanding: 227.8 million; Market cap: $6.2 billion; Price-to-sales ratio: 2.2; Dividend yield: 7.0%; TSINetwork Rating: Average; www.bellaliant.ca) ells telephone and Internet services to 2.5 million customers in Atlantic Canada, as well as rural parts of Ontario and Quebec. It also sells wireless services through an alliance …read more »
ATCO LTD. $75 (www.atco.com) has won a contract to design and build a noise-control barrier around a natural-gas-fired power plant in Texas. This barrier will shield nearby residential neighbourhoods from low-frequency sounds that rattle doors and windows. The company did not say how much the contract is worth or when it will complete the project. However, demand for these types …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 investment advice on stocks and other topics 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 it …read more »
We think conservative investors could hold up to 10% of their portfolios in foreign stocks. One way to do that is to buy carefully chosen exchange traded funds (ETFs) that have an overseas focus. The best ETFs offer very low management fees and well-diversified, tax-efficient portfolios of high quality stocks.
ISHARES MSCI JAPAN INDEX FUND (American Exchange symbol EWJ; us.ishares.com) is …read more »
As they come closer to retirement, some investors decide that they are too old to assume any investment risk. That attitude is often abetted by advisors who recommend that they move a larger part of their investments from stocks to bonds and other fixed-return investments.
To some extent, this is an understandable strategy, since bonds provide steady income and a …read more »