Pat McKeough

A professional investment analyst for more than 30 years, Pat has developed a stock-selection technique that has proven reliable in both bull and bear markets. His proprietary ValuVesting System™ focuses on stocks that provide exceptional quality at relatively low prices. Many savvy investors and industry leaders consider it the most powerful stock-picking method ever created.

As early as 1980, Pat was recognized as #1 in the world of published investment advice by the Washington, DC–based Newsletter Publishers Association, and he was the first multi-year winner of The Globe and Mail’s stock picking contest.

Both CBS MarketWatch and The Hulbert Financial Digest recognized Pat as one of North America’s top stock analysts. The Wall Street Journal called him “one of only four investment newsletter advisors who have managed to serve their readers well over the long haul.”

A best-selling Canadian author, he wrote Riding the Bull, his 1993 book that predicted the stock-market boom of the last half of that decade. Through his many television appearances, he is well-known to investors for his insightful analysis and his candid, unpretentious style.

Bottom line: Pat’s conservative, reduced-risk strategy is a proven approach to safe investing.

MANITOBA TELECOM SERVICES INC. $30.95 (Toronto symbol MBT; Shares outstanding: 79.3 million; Market cap: $2.4 billion; TSINetwork Rating: Average; Dividend yield: 4.2%; www.mts.ca) has completed the sale of its Allstream division to U.S.-based Zayo Group (New York symbol ZAYO). The company received $420.0 million, net of transaction costs. It will probably put the proceeds toward its long-term debt, which was $677.1 million as of September 30, 2015. That’s equal to 29% of its $2.4-billion market cap. Manitoba Telecom is still a hold.
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IBM $124.72 (New York symbol IBM; Shares outstanding: 970.1 million; Market cap: $137.4 billion; TSINetwork Rating: Above Average; Dividend yield: 4.2%; www.ibm.com) reported better-than-expected results in its latest quarter. In the quarter ended December 31, 2015, revenue fell 8.5%, to $22.06 billion from $24.11 billion a year earlier. However, that beat the consensus of $22.04 billion. IBM gets 60% of its revenue from outside the U.S., and the higher U.S. dollar hurts the value of these sales. The company continues to expand in fastergrowing areas like cloud computing and analytics software. In the latest quarter, IBM’s cloud and analytics businesses increased their revenue by 16%. That revenue now accounts for 35% of the company’s total. It also helps offset weaker demand for IBM’s consulting services and mainframe computers....
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PFIZER INC. $31 (New York symbol PFE; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 6.2 billion; Market cap: $192.2 billion; Price-to-sales ratio: 4.0; Dividend yield: 3.9%; TSINetwork Rating: Above Average; www.pfizer.com) is one of the world’s leading prescription drug makers. Top-selling brands include Lyrica (epilepsy), Celebrex (arthritis pain), Prevnar (pneumonia) and Enbrel (rheumatoid arthritis). Many of Pfizer’s drugs will lose their patent protection in the next few years. To fuel its future growth, the company paid $17 billion for Hospira in 2015. Hospira makes biosimilars, which are close copies of biologic drugs (or those made from living organisms, like bacteria and yeast). Biologics differ from regular drugs, which are typically made from chemical compounds....