Latest Stock Advice
It is important to note that some types of investments provide more security than others. Investors seeking safe investment options should look for well-established companies with hidden assets among other key characteristics.
Top pick Yum Brands Inc. gives you sales growth, steady EPS growth, and a solid dividend
Nutrien Ltd. offers exposure to potash and nitrogen prices, a stable retail base and strong profitability.
Groupe Dynamite Inc. is a high‑quality specialty retailer with gains ahead.
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Investing in agriculture ETFs could be a smart move if you choose the right investments for the right reasons
When investing in rare earth metals, you need to look at the unique geographical and political environment the mining company produces in.
BANK OF NOVA SCOTIA $55.78 (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $67.8 billion; TSINetwork Rating: Above Average; Dividend yield: 5.0%, www.scotiabank.com) is considering selling all or part of its 49% stake in Thailand’s Thanachart Bank, which has a book value of $2.4 billion. Like many Asian nations, Thailand prohibits foreign firms from controlling domestic banks. Economic weakness and political uncertainty have also hurt loan demand in the country. Bank of Nova Scotia would probably use the proceeds from any sale to expand in Latin America. The bank gets around 30% of its earnings from its international operations....
ENERPLUS CORP. $4.34 (Toronto symbol ERF; Shares outstanding: 206.5 million; Market cap: $813.8 million; TSINetwork Rating: Extra Risk; Dividend yield: 8.3%) produces oil and gas from properties mainly in Alberta, Saskatchewan, B.C., North Dakota and Montana, as well as in the Marcellus Shale, which passes through Pennsylvania, New York, Ohio and West Virginia. Enerplus increased its output by 6.5% in the three months ended September 30, 2015, to an average of 110,794 barrels of oil equivalent per day (55% gas and 45% oil), from 104,035 a year earlier. However, that wasn’t enough to offset sharply lower oil and gas prices; cash flow per share fell 44.2%, to $0.58 from $1.04. Like Bonavista, Enerplus will cut exploration spending this year. Its outlays will now total $350.0 million, down 31.4% from $510.0 million in 2015. It spent $811.0 million in 2014....
BONAVISTA ENERGY $1.83 (Toronto symbol BNP; Shares outstanding: 211.7 million; Market cap: $367.5 million; TSINetwork Rating: Extra Risk; Dividend yield: 6.6%; www.bonavistaenergy.com) explores for oil and gas in Alberta, Saskatchewan and B.C. Its output is 75% gas and 25% oil. In the quarter ended September 30, 2015, Bonavista’s cash flow per share fell 26.7%, to $0.44 from $0.60 a year earlier. Most of that drop came from lower oil and gas prices; output rose 5.2%, to 78,599 barrels of oil equivalent a day from 74,720 barrels. Like many producers, the company is cutting back on exploration and development spending. In 2016, it will devote $210 million to this purpose. That’s down from the $283.4 million it spent in 2015, and down sharply from its $639.6 million in 2014....
BONAVISTA ENERGY $1.83 (Toronto symbol BNP; Shares outstanding: 211.7 million; Market cap: $367.5 million; TSINetwork Rating: Extra Risk; Dividend yield: 6.6%; www.bonavistaenergy.com) explores for oil and gas in Alberta, Saskatchewan and B.C. Its output is 75% gas and 25% oil. In the quarter ended September 30, 2015, Bonavista’s cash flow per share fell 26.7%, to $0.44 from $0.60 a year earlier. Most of that drop came from lower oil and gas prices; output rose 5.2%, to 78,599 barrels of oil equivalent a day from 74,720 barrels. Like many producers, the company is cutting back on exploration and development spending. In 2016, it will devote $210 million to this purpose. That’s down from the $283.4 million it spent in 2015, and down sharply from its $639.6 million in 2014....