Nortel Networks Corp. $6.43 - Toronto Symbol NT

Nortel Networks Corp. $6.43 (Toronto Symbol NT Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 496.5 million; Market cap: $3.2 billion; SI Rating: Speculative) lost $113 million in the three months ended June 30, 2008 compared to a loss of $37 million a year earlier (all amount except share price and market cap in U.S. dollars). Per-share losses grew to $0.23 from $0.07. Most of the drop in the latest quarter is due to $88 million in restructuring costs and other charges. Revenue rose 2.3%, to $2.62 billion from $2.56 billion. However, the slowing U.S. economy will probably limit Nortel’s revenue growth in the second half of 2008. Nortel is a hold.

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Pat McKeough

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Blue chip stocks are big, well-established, dividend-paying corporations with strong business prospects. These are companies that also have sound management that should be able to make the right moves to keep competing successfully in a changing marketplace.

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Dividend stocks make cash payouts that serve as a way for companies to share the wealth they’ve accumulated. These payouts are drawn from earnings and cash flow and paid to the shareholders of the company. Typically, these dividends are paid quarterly, although they may be paid annually or even monthly as well.

Value Stocks

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One of the sweetest and most profitable pleasures of successful investing is to buy high-quality “value stocks” (or stocks that are reasonably priced, if not cheap, in relation to its sales, earnings or assets), then hold on to them as mainstream investors recognize the value and push up the share price.

Growth Stocks

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ETFs

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Penny Stocks

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Mining Stocks

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Energy Stocks

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