Latest Stock Advice
Aggressive investors looking at high-risk stocks to invest in should only allocate a small part of their portfolios to those investments
Long-term favourite Suncor Energy Inc. has now earmarked a lot of its growing cash flow for shareholders
ResMed Inc. is a leader in the global sleep apnea device market with a near-monopoly in its niche as its total addressable market keeps expanding.
Extendicare Inc. is pivoting toward the high-demand, high-margin service sector as aging demographics continue to work strongly in its favour.
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Here are some of the main types of top Canadian growth stocks—and how to assess which ones offer you the best prospects
Build a retirement investment plan more successfully when you focus on tried and true ways of saving, like using an RRSP and a RRIF, among other strategies
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HEWLETT-PACKARD ENTERPRISE CO., $18.25, New York symbol HPE, sells computing services and products, such as servers and analytics software, to businesses and governments. The stock jumped over 15% this week after the company announced that it would spin off its Enterprise Services business and merge it with Computer Sciences Corp. (New York symbol CSC). The Enterprise Services operations, which supply 36% of HP Enterprise’s total revenue, help corporate clients manage their data centres and computer networks....
BANK OF MONTREAL, $83.44, Toronto symbol BMO, gained 1% this week after announcing it will raise its dividend. The bank also said it’s setting aside more funds to cover potential bad loans to Canadian oil and gas firms; and with more of its customers banking online, it will cut 4% of its workforce. In its fiscal 2016 second quarter, which ended April 30, 2016, Bank of Montreal earned $1.152 billion. That’s a gain of 0.5% over $1.146 billion a year earlier. Due to fewer shares outstanding, earnings per share rose 1.2%, to $1.73 from $1.71. These figures exclude severance payments and other unusual items. On that basis, the latest earnings missed the consensus estimate of $1.75 a share....
The fast-food industry faces several long-term challenges. These include the consumer shift to more nutritious foods and new laws to increase minimum wage rates. McDonald’s has a history of adapting to changing trends. The new plan is to increase sales through better food and customer service. It’s already paying off. The company is also cutting its costs by transferring more of its outlets to franchisees. McDonald’s will use most of the savings for share buybacks and dividends. That should continue to push the stock higher....