Latest Stock Advice
Teck Resources Ltd. is a solid bet on higher copper prices with its big merger winning approvals
Warner Music Group Corp. is well-positioned for higher-margin catalog revenues, added streaming adoption, and new AI monetization opportunities.
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).
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SPDR S&P 500 ETF $205.01 (New York symbol SPY; buy or sell through brokers; www.spdrs.com) holds the stocks in the S&P 500 Index, which consists of 500 major U.S. companies chosen based on their market cap, liquidity and industry group. The index’s highest-weighted stocks are Apple, ExxonMobil, Microsoft, Facebook, Johnson & Johnson, JPMorgan Chase, AT&T, General Electric, Berkshire Hathaway and Wells Fargo. The fund’s MER is just 0.11%, and it yields 2.1%. SPDR S&P 500 ETF is a top ETF pick for 2016.
Loblaw continues to report rising sales and earnings—and it now plans to use that strength to spend $1 billion to open new stores and upgrade existing locations. The stock is trading close to all-time highs for us, but we still see it as a safety-conscious buy. LOBLAW COMPANIES $70.28 (Toronto symbol L; Shares outstanding: 410.2 million; Market cap: $28.3 billion; TSINetwork Rating: Above Average; Dividend yield: 1.5%; www.loblaw.ca) currently operates over 1,100 supermarkets and 1,300 Shopper Drug Mart pharmacies across Canada. In the three months ended March 26, 2016, Loblaw earned $338 million, or $0.82 a share. That’s up 12.3% from $301 million, or $0.72, a year earlier. Sales rose 4.8%, to $13.9 billion from $13.6 billion. Excluding gas station revenue, same-store sales rose 2.6% at Loblaw. They rose 6.3% at Shoppers Drug Mart....
SPDR DOW JONES INDUSTRIAL AVERAGE ETF $176.32 (New York symbol DIA; buy or sell through brokers; www.spdrs.com) holds the 30 stocks that make up the Dow Jones Industrial Average. This ETF’s top holdings are Goldman Sachs, IBM, Home Depot, Travelers Cos., Johnson & Johnson, UnitedHealth, United Technologies, McDonald’s, 3M and Boeing. The fund’s expenses are about 0.17% of its assets, and it yields 2.4%. SPDR Dow Jones ETF is a buy.
MANITOBA TELECOM SERVICES $37.43 (Toronto symbol MBT; Shares outstanding: 78.3 million; Market cap: $2.9 billion; TSINetwork Rating: Average; Dividend yield: 3.5%; www.mts.ca) has attracted a $3.1 billion takeover offer from BCE Inc. (see page 38). Under the deal, Manitoba Tel shareholders can choose either $40 in cash or 0.6756 shares of BCE for every MBT share they hold. However, BCE plans to limit its overall cash spending, so most Manitoba Tel investors will likely receive 55% of their payout in stock and the remainder in cash....