Jim Bates

Jim is an associate editor at TSI Network. He is the lead reporter and analyst for The Successful Investor and Wall Street Stock Forecaster and a member of the Investment Planning Committee. Jim has held the Chartered Financial Analyst designation since 1992. Jim worked at the Financial Post DataGroup from 1988 to 2000 before joining TSI Network. He has a Bachelor of Commerce degree from the University of Toronto.

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Earnings are up 218.8% at Leon’s Furniture

Earnings are up 218.8% at Leon’s Furniture

One of Canada’s oldest retailers continued to thrive early this year even as many of its stores remained closed due to COVID-19 lockdowns. Its success reflects strong online sales, which will likely remain strong even after bricks-and-mortar stores fully re-open. 

Sales rose 14.8% in the first… Read More

Get a 4.3% yield from RioCan REIT

Get a 4.3% yield from RioCan REIT

This firm cut its distributions as retail lockdowns in its key Ontario market hurt rental revenue. However, new developments will cut its exposure to retailers, which should push the units higher in the next few years. 

The REIT still collected 93.9% of its rents in the… Read More

Enjoy 5.6% yield from TC Energy

Enjoy 5.6% yield from TC Energy

New U.S. president Joe Biden recently cancelled this company’s controversial Keystone XL pipeline project but the firm’s future remains bright.

The expected cash flow from other new operations should deliver 5% to 7% annual dividend increases.

Meanwhile the stock trades at just 15.1 times forecast earnings.

TC ENERGY… Read More