Latest Stock Advice
Long-time favourite TC Energy Inc. yields 3.9% and generates stable cash flows from almost 94,000 kilometres of natural gas pipelines plus large-scale gas storage and power generation assets.
Stantec Inc. boosts its growth prospects with savvy acquisitions
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.
Signet Jewelers Ltd. is still subject to changes in consumer confidence, but it’s making smart moves to spur growth
Become a Successful Investor
Here’s How Dividend Capture Strategy Returns Work—and Whether You Can Realistically Profit from Them
Aiming for dividend capture strategy returns may look like a simple way to make money. But there are risks you need to watch out for
Some investors think that short-term stock trading will lead them to quick profits, but the opposite is more often true.
Aecon Group Inc., $13.50, symbol ARE on Toronto (Shares outstanding: 56.5 million; Market cap: $769.1 million; www.aecon.com), is one of Canada’s largest infrastructure developers. The company and its predecessors built Canadian landmarks like the CN Tower, the St. Lawrence Seaway, the Calgary Olympic Oval and the Halifax Shipyards. Aecon has three main divisions: •The energy group, which accounted for 39% of the company’s revenue in the latest quarter, builds facilities and components for clients in the power industry, including nuclear reactors....
Orbite Technologies Inc., $0.44, symbol ORT on Toronto (Shares outstanding: 380.5 million; Market cap: $165.5 million; www.orbitetech.com), is the new name of Orbite Aluminae. The company has developed a way to extract alumina (which is used in the production of aluminum) and other metals—including rare ones like scandium and gallium—from mud, clay, mine tailings, bauxite and other materials. Unlike other methods, including the industry-standard Bayer process, Orbite’s approach doesn’t produce toxic waste. The company considered its pilot project a success, and it hopes to have its long-delayed three-tonne-per-day, high-purity alumina plant in operation by the end of this year. However, it’s far from certain whether Orbite’s process will be a commercial success, and it’s also unclear whether commodity producers will switch from the proven—and familiar—Bayer process unless environmental legislation forces them to. That adds a lot of risk....
Surge Energy, $2.01, symbol SGY on Toronto (Shares outstanding: 220.9 million; Market cap: $446.4 million; www.surgeenergy.ca), produces oil and gas in central and northwestern Alberta and southwestern Saskatchewan. Its output is 83% oil and 17% gas. In response to lower oil prices, and to pay down its debt, the company sold 5,300 barrels of oil equivalent of daily production in two transactions for $465 million earlier this year. It also unwound its crude oil hedging contracts for 2015 and realized a gain of over $35 million. Surge’s long-term debt now stands at $131.0 million, or a reasonable 24% of its market cap, down from $564.3 million at the end of 2014....
Marine Harvest ASA (ADR), $13.25, symbol MHG on New York (ADRs outstanding: 450.1 million; Market cap: $6.1 billion; www.marineharvest.com), produces and sells farmed salmon and other fish products worldwide. The Norway-based company was founded in 1965. Marine Harvest’s largest market is Europe, which supplies 71% of its sales. North and South America account for 18% of sales, while 9% come from Asia. The company is one of the world’s largest fish suppliers and the No. 1 farmed salmon producer. It also sells trout and whitefish, but salmon is its most important product: in 2014, it produced 414,000 tons, giving it 27% of the global farmed-salmon market....