Latest Stock Advice
Top pick Walmart Inc.’s earnings are projected to grow by double digits in 2027 while the stock boasts a “quality premium” to reflect its successful tech pivot.
Aggressive investors looking at high-risk stocks to invest in should only allocate a small part of their portfolios to those investments
iShares MSCI Germany Fund & Australia ETF offer concentrated entries into both an industrial backbone and exposure to the global resource sector.
Discover 7 Canadian stocks delivering a double gift: meaningful share buybacks plus durable, sustainable dividends—as featured in TSI’s latest Globe and Mail column.
Become a Successful Investor
The best mineral stocks to buy will have a broad base of steady operations and will be situated in politically stable jurisdictions among possessing other key factors
The pendulum theory grew out of Sir Isaac Newton’s 17th-century studies of gravity and physics, particularly his second law of motion. Yet the theory turns up in discussions of all sorts of non-mechanical topics. This includes investors’ efforts at understanding the stock market.
Bombardier and BlackBerry (see box) continue to struggle with strong competition and shrinking sales. However, both are developing new products that should spur growth. As well, their sizable cash holdings help cut their short-term risk. BOMBARDIER INC. (Toronto symbols BBD.A $1.52 and BBD.B $1.43; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.7 billion; Market cap: $2.3 billion; Priceto- sales ratio: 0.2; Dividend suspended in February 2015; TSINetwork Rating: Speculative; www.bombardier.com) is the world’s third-largest maker of commercial aircraft, after Boeing and Airbus. It’s also a leading maker of passenger railcars. The company recently formed a joint venture with the government of Quebec to build its new CSeries passenger jets....
GREAT-WEST LIFECO INC. $35 (Toronto symbol GWO; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 993.2 million; Market cap: $34.8 billion; Priceto- sales ratio: 1.0; Dividend Yield: 3.9%; TSINetwork Rating: Above Average; www.greatwestlifeco.com) is Canada’s second-largest insurance company, after Manulife Financial (Toronto symbol MFC). In the past few years, the company has expanded its presence in Ireland. In July 2013, it paid $1.75 billion for Irish Life, Ireland’s largest pension manager and life insurance provider. Irish Life recently announced two small acquisitions: it is buying Aviva Health, and increasing its stake in GloHealth from 49% to 100%. The company did not say how much it will pay, but these purchases will let it sell health insurance products to its Irish clients....
BLACKBERRY LTD. $9.21 (Toronto symbol BB; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 521.2 million; Market cap: $4.8 billion; Price-to-sales ratio: 2.0; No dividends paid; TSINetwork Rating: Speculative; www.blackberry.com) provides secure wireless communication services, mainly to businesses and government agencies. In the fiscal year ended February 29, 2016, BlackBerry’s revenue fell 35.2%, to $2.2 billion from $3.3 billion a year earlier (all amounts except share price and market cap in U.S. dollars). Smartphones supplied 40% of total revenue, followed by the fees it charges wireless carriers to access its networks (37%). The software it installs on its clients’ email servers contributed 23% of revenue. Without unusual items, the company lost $0.19 a share, compared to a profit of $0.08 in 2014. BlackBerry holds cash of $2.6 billion, or $5.03 a share. Its longterm debt of $1.3 billion is a manageable 27% of its market cap....
TORONTO-DOMINION BANK $55 (Toronto symbol TD; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.9 billion; Market cap: $104.5 billion; Price-to-sales ratio: 3.3; Dividend yield: 4.0%; TSINetwork Rating: Above Average; www.td.com) is the first Canadian bank to use Visa’s new tokenization technology in its mobile banking app. This system uses encrypted “tokens” instead of credit card numbers and other account information. This helps protect clients’ sensitive information from online intruders. It also speeds up mobile payments and other transactions. Better security should encourage more of TD’s customers to do their banking online. That would cut its costs, as electronic transactions are cheaper to process than those in physical branches....