SNC-Lavalin Group
Toronto symbol SNC, is a leading engineering and construction company.
This is another in a series of video interviews in which Pat McKeough will give his advice on a variety of topics. Some will deal with his overall investment philosophy, others on specific investment strategies and still others will be comments on events that are affecting the markets and the economy. Today he has stock trading advice relating to the …read more »
TELUS CORP. (Toronto symbols T $57 and T.A $54; Conservative Growth Portfolio, Utilities sector; Shares outstanding: 324.5 million; Market cap: $18.5 billion; Price-to-sales ratio: 1.8; Dividend yield: 4.1%; TSINetwork Rating: Above Average; www.telus.com) has paid an undisclosed sum for Wolf Medical Systems, which makes software that helps hospitals and clinics convert patient records to electronic form.
Doctors can also use Wolf’s …read more »
AGRIUM INC. $76 (www.agrium.com) has raised its dividend for the first time since 1996. The new semi-annual payout of $0.225 U.S. a share, up 309.1% from $0.055 U.S., has an annualized yield of 0.6%. The company should also continue to benefit from rising crop and livestock prices, which give farmers more money to spend on seeds, fertilizers and other products …read more »
sensitive to swings in the economy than, say, utilities. The best manufacturing stocks (including the four we analyze below) are well-established market leaders that can take advantage of downturns to expand. Their unique products and services are also helping them hang on to customers.
SNC-LAVALIN GROUP INC. $50 (Toronto symbol SNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: …read more »
PRECISION DRILLING CORP. $11 (www.precisiondrilling.com) has paid an undisclosed sum for Axis Energy Services Holding Inc. Based in Calgary, privately held Axis specializes in directional drilling services that help energy exploration companies extract more oil and natural gas from hard-to-reach reservoirs. This purchase will add to Precision’s drilling expertise and help it win more contracts. Buy.
SNC-LAVALIN GROUP INC. $46 (www.snclavalin.com) …read more »
EMERA INC. $32 (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 121.9 million; Market cap: $3.9 billion; Price-to-sales ratio: 1.3; Dividend yield: 4.2%; TSINetwork Rating: Average; www.emera.com) gets 60% of its revenue and 50% of its earnings from Nova Scotia Power Inc., which is Nova Scotia’s main electricity supplier. It gets the rest of its revenue and earnings from …read more »
SNC-LAVALIN GROUP INC. $57 (Toronto symbol SNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 150.8 million; Market cap: $8.6 billion; Price-to-sales ratio: 1.3; Dividend yield: 1.5%; TSINetwork Rating: Average; www.snclavalin.com) is buying the money-losing Candu nuclearreactor business of Atomic Energy of Canada Ltd. from the federal government.
Reactor demand has suffered in the wake of the Japanese earthquake …read more »
These three leading industrial companies all face rising costs for labour and raw materials. However, all three continue to win new contracts that will help them offset these expenses. Moreover, all three continue to trade at attractive multiples to earnings.
SNC-LAVALIN GROUP INC. $55 (Toronto symbol SNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 150.8 million; Market cap: $8.3 …read more »
BOMBARDIER INC. (Toronto symbols BBD.A $6.70 and BBD.B $6.69; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.7 billion; Market cap: $11.4 billion; Price-to-sales ratio: 0.6; Dividend yield: 1.5%; TSINetwork Rating: Average; www.bombardier.com) continues to win new railcar contracts.
The company recently won a nine-year deal to build 200 diesel locomotives for DB Regio AG, which operates public-transit systems …read more »
These three companies all have large overseas operations. That exposes them to a wide variety of risks, including volatile currency-exchange rates and political unrest. However, all three are focusing on fast-growing markets. That enhances their long-term prospects.
THOMSON REUTERS CORP. $38 (Toronto symbol TRI; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 833.7 million; Market cap: $31.7 billion; Price-to-sales ratio: 2.4; Dividend …read more »
