SHAWCOR LTD. $59 - Toronto symbol SCL

SHAWCOR LTD. $59 (Toronto symbol SCL; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 60.2 million; Market cap: $3.6 billion; Price-to-sales ratio: 1.9; Dividend yield: 1.0%; TSINetwork Rating: Average; www.shawcor.com) recently completed a big pipeline-coating job at a liquefied natural gas project in Australia. As a result, its revenue fell 3.5% in the second quarter of 2014, to $441.4 million from $457.3 million a year earlier. Earnings per share declined 12.2%, to $0.79 from $0.90. However, new contracts have increased ShawCor’s order backlog. On June 30, 2014, it stood at $684 million, up 10.9% from the start of the year. ShawCor is also bidding on over $1 billion worth of new contracts and should win many of them. ShawCor is a buy.

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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.

Dividend Stocks

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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A penny stock in general trades for under five dollars a share, and as the name implies, sometimes for pennies. Most of the time they’re young companies, or start-ups in speculative markets like mining or technology.

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