Activists see value in these two

We continue to keep an eye on activist investors. Like us, they search for undervalued firms that can boost shareholder value by selling or spinning off assets, or putting themselves up for sale. Here are three recent examples.
CLOUDERA INC. $16 is a hold. The company… Read More

Sustainable funds keep expanding

Both mutual funds and ETFs that employ ESG criteria in the selection of their holdings have garnered significant interest over the past years. Their global pool of mutual fund and ETF assets is now estimated at just under $2 trillion.
Europe is host to most… Read More

Get a 6.6% yield from IGM Financial Inc.

Get a 6.6% yield from IGM Financial Inc.

Improving stock markets helped this mutual fund provider boost its assets under management by 7.1% in the most recent quarter.  

The company’s investors are also seeing its 36% stake in a fintech company grow in value. 

IGM FINANCIAL INC. (Toronto symbol IGM; www.igmfinancial.com) lets you tap Canada’s… Read More

Here are key updates on your holdings

ENBRIDGE INC. $40 is a buy. The company (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 2.0 billion; Market cap: $80.0 billion; Price-to-sales ratio: 2.0; Dividend yield: 8.1%; TSINetwork Rating: Above Average; www.enbridge.com) operates pipelines that pump oil and natural gas… Read More