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Telus Corp. offers an exceptional 9.0% yield as it seeks to pay down debt while pursuing attractive value-unlock ventures including AI datacentres.
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Long-term favourite Suncor Energy Inc. has now earmarked a lot of its growing cash flow for shareholders
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ADRs (American Depository Receipts) provide exposure to European and Japanese stocks, but what are the fees charged to investors?
TOYOTA MOTOR CO. ADRs $106 (New York symbol TM; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 1.5 billion; Market cap: $159.0 billion; Price-to-sales ratio: 0.6; Dividend yield: 3.4%; TSINetwork Rating: Above Average; www.toyota.com) is the world’s largest carmaker. In its fiscal 2016 third quarter, which ended December 31, 2015, Toyota sold 2.22 million vehicles worldwide, down 2.1% from a year earlier. North American sales rose 2.2%. However, sales fell 4.5% in Europe, 1.0% in Japan and 3.2% in other parts of Asia. Revenue gained 1.9%, to $61.0 billion from $59.9 billion. Revenue in Japanese yen rose 2.4%. Cost cuts and favourable exchange rates boosted earnings per ADR by 4.7%, to $3.32 from $3.17 (each American depositary receipt equals two Toyota common shares)....
Increasingly health-conscious consumers are switching away from processed foods. In response, these top food producers are developing healthier products. But they are also restructuring to cut their costs. That should continue to expand their earnings. KRAFT HEINZ CO. $79 (Nasdaq symbol KHC; Conservative Growth and Income Portfolio, Consumer sector; Shares outstanding: 1.2 billion; Market cap: $94.8 billion; Price-to-sales ratio: 5.2; Dividend yield: 2.9%; TSINetwork Rating: Above Average; www.kraftheinzcompany.com) makes condiments and sauces (such as Heinz Ketchup) as well as other packaged foods. These include Velveeta and Philadelphia Cream Cheese, processed meats (such as Oscar Meyer hot dogs) and beverages (such as Maxwell House coffee). Kraft Heinz took its current form on July 2, 2015, through the merger of Kraft Foods Group and H.J. Heinz. The combined firm is the fifth-largest food and beverage producer globally....
HONDA MOTOR CO. LTD. ADRs $28(New York symbol HMC; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 1.8 billion; Market cap: $50.4 billion; Price-to-sales ratio: 1.1; Dividend yield: 2.6%; TSINetwork Rating: Above Average; www.honda.com) is Japan’s second largest carmaker and the world’s biggest motorcycle manufacturer. In its fiscal 2016 third quarter, which ended December 31, 2015, Honda sold 1.23 million vehicles, up 4.6% from a year earlier. The launch of new models in China increased Asian sales by 16.7%. Sales in Europe also jumped 19.4%. However, sales fell 1.7% in North America and 6.8% in Japan. Motorcycle sales declined 3.9% due to weaker demand in Japan and other parts of Asia. For the quarter, revenue rose 4.4%, to $30.1 billion from $28.9 billion. Due to costs related to fixing faulty airbags and unfavorable exchange rates, earnings per ADR declined 6.6%, to $0.61 from $0.57 (each ADR equals one common share)....
SNAP-ON INC. $163 (New York symbol SNA; Conservative Growth and Income Portfolios, Manufacturing & Industry sector; Shares outstanding: 58.2 million; Market cap: $9.5 billion; Price-to-sales ratio: 2.6; Dividend yield: 1.5%; TSINetwork Rating: Average; www.snapon.com) makes tools for auto mechanics and sells them through a fleet of franchised vans that visit garages. It also makes specialized tools for industrial customers. In the three months ended April 2, 2016, the company’s revenue gained 0.8%, to $834.2 million from $827.8 million a year earlier. But excluding exchange rates and acquisitions, sales gained 2.5%. Thanks to an ongoing efficiency plan, earnings per share rose 15.5%, to $2.16 from $1.87. The stock trades at 18.3 times the $8.93 a share that Snap-On will likely earn this year. That’s a somewhat high multiple for a company that relies on the cyclical automotive industry for 60% of its earnings....