Latest Stock Advice
Nutrien Ltd. offers exposure to potash and nitrogen prices, a stable retail base and strong profitability.
Toromont Industries Ltd. should see continued earnings growth thanks to its leading market share and Canada’s plan to increase spending on infrastructure projects.
Top pick Barrick Mining just raised its dividend a whopping 140% as it generates record earnings and continues its strategic asset reorganization.
Warner Music Group Corp. is well-positioned for higher-margin catalog revenues, added streaming adoption, and new AI monetization opportunities.
Become a Successful Investor
Learn how a market linked GIC works, what returns to expect, and how Canadian investors can judge the trade-off between safety and upside.
Investing in high-risk investment opportunities may look like a quick way to supercharge your portfolio gains—but it’s more likely to kill those gains
High Liner Foods Inc., $15.27, symbol HLF on Toronto (Shares outstanding: 30.9 million; Market cap: $483.8 million, www.highliner.com), processes and markets frozen seafood. The company was called National Sea Products before it changed its name in 1998. High Liner sells its products in grocery stores throughout the U.S., Canada and Mexico under the High Liner, Royal Sea, Fisher Boy, Mirabel and Sea Cuisine labels. It also sells food to restaurants and institutions under its High Liner, FPI and Icelandic Seafood brands. In addition, High Liner is a major supplier of private-label seafood to North American distributors and grocery stores. In the past few years, High Liner has steadily expanded its operations with acquisitions....
Goldcorp, $21.13, symbol G on Toronto (Shares outstanding: 830.3 million; Market cap: $18.0 billion; www.goldcorp.com), is a Canadian-based gold miner. The company produces gold, silver and base metals. Its mines include Red Lake and three others in Canada (Porcupine, Musselwhite and Eleonore); Penasquito and Los Filos in Mexico; Marlin in Guatemala; the Cerro Negro and Alumbrera (37.5% interest) in Argentina; and Pueblo Viejo (40%) in the Dominican Republic. As well, Goldcorp has five projects in the development stage. In 2015, the company produced 3.5 million ounces of gold, up 20.6% from 2.9 million ounces in 2014. The increase mostly came from the start up of the Cerro Negro gold/silver mine in January 2015 and the Eleonore gold mine in April 2015. In the three months ended December 31, 2015, Goldcorp’s revenue rose 28.4%. That’s a jump from to $1.07 billion from $835.0 million, a year earlier. Cash flow rose 30.5%, to $338.0 million, or $0.41 a share, from $259.0 million, or $0.32 a share....
Ruckus Wireless Inc., $9.52, symbol RKUS on New York (Shares outstanding: 89.7 million; Market cap: $881.1 million; www.ruckuswireless.com), makes equipment that helps wireless carriers, high-speed Internet providers, individual businesses and schools improve the performance of their Wi-Fi networks. The company’s proprietary Smart Wi-Fi technology automatically adjusts wireless signal strength, frequencies and coverage area depending on the distance between the user and any physical obstacles such as walls. Over 260 wireless carriers and 65,000 businesses have now installed Ruckus’s equipment. The company first sold shares to the public on November 16, 2012, for $15.00 each....
Chicago Bridge & Iron Company NV, $34.97, symbol CBI on New York (Shares outstanding: 104.6 million; Market cap: $3.8 billion; www.cbi.com), is one of the world’s leading engineering and construction companies. It specializes in projects for the energy, petrochemical and natural resource industries. Netherlands-based Chicago Bridge was founded in 1889. The company’s projects include oil and gas processing plants, liquefied natural gas (LNG) terminals, offshore structures, bulk liquid terminals, and water storage and treatment facilities. Chicago Bridge also provides a range of maintenance and repair services. Customers include Shell, ExxonMobil, Chevron, Occidental Petroleum, ConocoPhillips, Saudi Aramco, Alcoa and BHP Billiton. Warren Buffett’s Berkshire Hathaway is Chicago Bridge’s biggest shareholder, with a 9.9% interest....