Latest Stock Advice
Toromont Industries Ltd. should see continued earnings growth thanks to its leading market share and Canada’s plan to increase spending on infrastructure projects.
ARC Resources keeps returning its cash flow to shareholders through a growing dividend and substantial share buybacks.
These aren’t space startups: discover 7 dividend-paying aerospace and defense contractors tied to NASA’s Artemis mission (from TSI’s latest Globe and Mail column).
Top pick Linamar Corp. is trading cheaply despite delivering higher sales and profits.
Become a Successful Investor
What are the most profitable stocks to buy? Blue chip stocks are included in that group—and here are the key characteristics you need to target for maximum success
Learn how to invest in DRIP stocks more effectively by considering these qualities of the top dividend-paying shares—and how they fit into your long-term portfolio
Leaving children and loved ones inheritance money is a wonderful gesture. But proper planning needs to be in place for your wealth to transfer smoothly.
Resist the urge to go overboard in Canadian oil stocks—but especially in junior oils, futures or options.
Let me start with a quote I read this week that struck me as worth repeating: “My 2016 New Year’s resolution was to write down three moments of joy before going to bed each night. This simple practice has changed my life. Because no matter what happens each day, I go to bed thinking of something cheerful. Try it.” —Sheryl Sandberg, Facebook Inc.’s chief operating officer, speaking at a University of California at Berkeley 2016 commencement speech, on her personal struggles since the death of her husband in 2015....
A: CarMax, $50.97, symbol KMX on New York (Shares outstanding: 193.8 million; Market cap: $9.8 billion, www.carmax.com), operates 158 auto dealerships in 78 cities and is the largest used car retailer in the U.S. Last year it sold 619,936 vehicles. The company also has one of the largest wholesale vehicle auction businesses in the U.S. In the past year, it sold 394,437 cars and trucks through those on-site events. In the three months ended February 29, 2016, CarMax earned $0.75 a share. Excluding one-time items, that’s up 13.6% from $0.66 a year earlier. Revenue rose 5.5%, to $3.7 billion from $3.5 billion. Last year, the company opened 14 new dealerships and relocated another. In just the latest quarter, it opened five stores—three of them in new markets such as Boston and Peoria/Bloomington, Illinois....