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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BUCKEYE PARTNERS L.P. $73 (New York symbol BPL; Income Portfolio, Utilities sector; Units outstanding: 130.3 million; Market cap: $9.5 billion; Price-to-sales ratio: 3.0; Dividend yield: 6.6%; TSINetwork Rating: Average; www.buckeye.com) operates 9,700 kilometres of pipelines in the northeastern and Midwestern U.S. Its network pumps gasoline, jet fuel and other petroleum products. In the past few years, Buckeye has steadily expanded its oil storage operations. It now has 117 terminals in the U.S. with a total capacity of 55.6 million barrels. The company also owns seven marine storage terminals that serve ocean-going oil tankers in New York City, Corpus Christi, Texas, Puerto Rico, St. Lucia and The Bahamas. These facilities have a combined capacity of 62.3 million barrels....
These three companies are a great way to widen your Finance sector exposure beyond banks. They are all leaders in their markets, and trade at reasonable multiples to earnings. Moreover, new investments in their businesses are setting them up for future growth. VISA INC. $79 (New York symbol V; Conservative Growth Portfolio, Finance sector; Shares outstanding: 2.4 billion; Market cap: $189.6 billion; Price-to-sales ratio: 13.3; Dividend yield: 0.7%; TSINetwork Rating: Above Average; www.visa.com) operates the world’s largest electronic payments network. It can process over 65,000 credit, debit, prepaid and commercial transactions per second....
DIEBOLD INC. $25 (New York symbol DBD; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 65.2 million; Market cap: $1.6 billion; Price-to-sales ratio: 0.7; Dividend yield: 4.6%; TSINetwork Rating: Average; www.diebold.com) is a leading maker of automated teller machines. It also makes safes and vaults. Diebold is buying German ATM maker, Wincor Nixdorf AG, for $1.8 billion in cash and shares. The purchase will make Diebold the world’s largest maker of ATMs, with roughly 35% of the global market. It should complete the purchase in the second half of 2016. Meantime, Diebold’s revenue in the three months ended March 31, 2016, fell 11.3%, to $509.6 million from $574.8 million a year earlier. Overseas markets supply 60% of its revenue, so the high U.S. dollar hurts the contribution of its foreign operations. Excluding exchange rates, revenue fell 6.1%....
APPLE INC. $100 (Nasdaq symbol AAPL; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 5.5 billion; Market cap: $550.0 billion; Price-to-sales ratio: 2.4; Dividend yield: 2.3%; TSINetwork Rating: Average; www.apple.com) makes a variety of electronic devices, including iPhone smartphones, Mac computers, iPad tablets, iPod music players and Apple watches. It also sells software, movies and music through its iTunes online store. The company recently invested $1 billion for an undisclosed minority stake in Didi Chuxing. Similar to Uber, this private firm operates the largest ride-sharing service in China. The purchase should help Apple gain more insight into China’s fast-growing Internet economy. That’s important because it wants to expand Apple Pay— its mobile payment system— in that country. This investment could also help Apple improve its in-car entertainment and information products....