Good time to buy Royal Bank

The shares of Royal Bank and other big Canadian banks have suffered in the past year as rising interest rates increase the appeal of bonds. Higher interest rates also increase the likelihood of greater loan defaults.
We see Royal as a particularly attractive buy right now… Read More

Earnings should rebound in 2024

TRANSCONTINENTAL INC. $14 is still a buy. Canada’s largest commercial printing company (Toronto symbol TCL.A; Cyclical-Growth Portfolio, Consumer sector; Shares outstanding: 86.6 million; Market cap: $1.2 billion; Dividend yield: 6.4%; Dividend Sustainability Rating: Above Average; www.tctranscontinental.com) last raised your dividend with the April 2020 payment. Investors now receive $0.225… Read More

Scotiabank’s future looks bright

Bank of Nova Scotia has shifted its international focus in the past few years to four countries in Latin America—Mexico, Peru, Colombia and Chile. Those four markets now account for 25% of the bank’s earnings. Given the region’s favourable long-term demographics and growth prospects, we… Read More

Broadridge gains from key market trends

Broadridge has a winning business model in expanding markets. We believe that will lead to strong growth in future years. The stock is a Power Buy.
BROADRIDGE FINANCIAL SOLUTIONS, $152.74, is a buy. The company (New York symbol BR; TSINetwork Rating: Average) (www.broadridge.com; Shares outstanding: 118.0 million; Market cap:… Read More

These spinoffs continue to impress

In April 2020, Raytheon Technologies Corp. (New York symbol RTX) spun off Carrier and Otis as separate companies. For each share they held, investors received 0.5 of a share in Otis and 1 share in Carrier.
So far, Carrier has soared over 190%, while Otis has… Read More