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.
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Bird Construction Inc., $12.21, symbol BDT on Toronto (Shares outstanding: 42.5 million; Market cap: $515.3 million; www.bird.ca), focuses on projects in a number of markets, including industrial, commercial, institutional, civil construction and mining. The company began operating 96 years ago in Medicine Hat, Alberta. Today, it has offices in St. John’s, Halifax, Saint John, Montreal, Toronto, Winnipeg, Calgary, Edmonton and Vancouver. Bird’s industrial projects supplied 51% of its 2015 revenue, and include work in the petrochemical, oil sands, and wastewater-treatment sectors....
Canfor Corp., $14.50, symbol CFP on Toronto (Shares outstanding: 132.8 million; Market cap: $1.9 billion; www.canfor.com), is a leading North American producer of softwood lumber. It has 5.8 billion board feet of annual capacity located across Western Canada and the Southeastern U.S. Lumber accounts for 70% of Canfor’s total sales. The remaining 30% comes from its 51.9% stake in Canfor Pulp Products Inc., symbol CFX on Toronto. This business makes pulp and paper products. The U.S. is the company’s largest market (53% of its 2015 revenue), followed by Asia (31%), Canada (12%), Europe (2%) and other countries (2%)....
Exchange Income Corp., $29.88, symbol EIF on Toronto (Shares outstanding: 27.6 million; Market cap: $820.1 million; www.exchangeincomecorp.ca), operates in two main areas: aviation and manufacturing. The aviation business (76% of its 2015 revenue) serves communities in Manitoba, Ontario and Nunavut through regional airlines. They include Perimeter Aviation, Keewatin Air, Calm Air International, Bearskin Lake Air Service, Custom Helicopters and Regional One. The manufacturing business (24% of revenue) includes WesTower Communications Canada (a maker and installer of wireless communication towers), Jasper Tank, Overlanders Manufacturing, Water Blast Manufacturing and Stainless Fabrication....
Exchange-traded funds (ETFs) give you a low-cost, flexible alternative to mutual funds. Here are five ETFs we recommend and one to sell.