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
Kinross Gold Corp. reportssoaring results thanks to higher gold prices and cost controls.
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.
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There is a randomness to stock market growth that can lead investors to make poor decisions if they don’t keep diversification and long-term goals in mind
To determine when to buy an ETF, some investors use technical analysis and other tools. But you need to dig deeper.
EMERA INC. $47 (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 148.2 million; Market cap: $6.8 billion; Price-to-sales ratio: 2.5; Dividend yield: 4.0%; TSINetwork Rating: Average; www.emera .com) owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns power utilities in the U.S. and the Caribbean. In September 2015, the company agreed to buy Teco Energy (New York symbol TE). This firm supplies electricity and natural gas to 1.05 million customers in Tampa Bay, Florida. A separate subsidiary distributes gas to 510,000 customers in New Mexico. Emera will pay $10.4 billion U.S., including Teco’s debt. It expects to complete the purchase in mid-2016....
MAPLE LEAF FOODS INC. $30 (Toronto symbol MFI; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 134.6 million; Market cap: $4.0 billion; Price-to-sales ratio: 1.3; Dividend yield: 1.2%; TSINetwork Rating: Average; www.mapleleaffoods.com) is Canada’s largest food processor. It mainly sells its products, including fresh and prepared meats and poultry, under the Maple Leaf and Schneider brands. The company recently completed a multi-year restructuring plan that involved closing older meat processing plants and shifting their operations to newer, more efficient ones. Thanks to the success of this plan, Maple Leaf earned $42.3 million, or $0.31 a share, in the three months ended March 31, 2016. The results are a big improvement over the $2.9 million, or $0.02, it lost a year earlier. If you factor out unusual items, earnings per share jumped to $0.28 from $0.05....
IMPERIAL OIL LTD. $41 (Toronto symbol IMO; Conservative Growth and Income Portfolios, Shares outstanding: 847.6 million; Market cap: $34.8 billion; Price-to-sales ratio: 1.4; Dividend yield: 1.5%; TSINetwork Rating: Average; www.imperialoil.ca) is Canada’s second-largest integrated oil producer after Suncor. The company’s Alberta oil sands operations, including its 25% stake in the Syncrude project, supply 90% of its crude. Imperial also has conventional oil and gas operations in Western Canada, and invests in offshore projects in Atlantic Canada. In addition, it owns three refineries and makes petrochemicals. In March 2016, Imperial agreed to sell its 497 company-owned Esso gas stations to independent operators for $2.8 billion....
THOMSON REUTERS CORP. $53 (Toronto symbol TRI; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 752.4 million; Market cap: $39.9 billion; Price-to-sales ratio: 3.4; Dividend yield: 3.3%; TSINetwork Rating: Above Average; www.thomsonreuters.com) mainly sells information products to financial clients, such as banks and brokerages. In 2015, this business supplied 52% of Thomson’s revenue. The company also sells specialized information to professionals in the legal (27%); tax and accounting (11%); and intellectual property and science (8%) fields. Its Reuters news division supplies the remaining 2%. Thomson now plans to sell its intellectual property business. It will probably use the expected proceeds of $3 billion to buy back its own shares (all amounts except share price and market cap in U.S. dollars). The sale should close later this year....