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Twilio Inc. adds AI capabilities to stay ahead of rivals and win more strategic multi-year partnerships.
FedEx Corp. looks set to sustain its growth, and the spinoff of its Freight division will unlock shareholder value
Thomson Reuters Corp. offers a strong value proposition via continued price increases and recurring revenue growth across legal, tax, and corporate compliance customers.
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Many investors like to use analogies from sports or the military to describe their investment approach, so they’ll often use the phrase playing the stock market.
Your search for top Canadian stocks should focus on blue-chip stocks that pay sustainable dividends and meet our Successful Investor criteria
EMERA INC. $47 (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 148.2 million; Market cap: $6.8 billion; Price-to-sales ratio: 2.5; Dividend yield: 4.0%; TSINetwork Rating: Average; www.emera .com) owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns power utilities in the U.S. and the Caribbean. In September 2015, the company agreed to buy Teco Energy (New York symbol TE). This firm supplies electricity and natural gas to 1.05 million customers in Tampa Bay, Florida. A separate subsidiary distributes gas to 510,000 customers in New Mexico. Emera will pay $10.4 billion U.S., including Teco’s debt. It expects to complete the purchase in mid-2016....
IMPERIAL OIL LTD. $41 (Toronto symbol IMO; Conservative Growth and Income Portfolios, Shares outstanding: 847.6 million; Market cap: $34.8 billion; Price-to-sales ratio: 1.4; Dividend yield: 1.5%; TSINetwork Rating: Average; www.imperialoil.ca) is Canada’s second-largest integrated oil producer after Suncor. The company’s Alberta oil sands operations, including its 25% stake in the Syncrude project, supply 90% of its crude. Imperial also has conventional oil and gas operations in Western Canada, and invests in offshore projects in Atlantic Canada. In addition, it owns three refineries and makes petrochemicals. In March 2016, Imperial agreed to sell its 497 company-owned Esso gas stations to independent operators for $2.8 billion....
CENOVUS ENERGY INC. $19 (Toronto symbol CVE; Conservative Growth Portfolio, Resources sector; Shares outstanding: 833.3 million; Market cap: $15.8 billion; Price-to-sales ratio: 1,2; Dividend yield: 1.1%; TSINetwork Rating: Average; www.cenovus.com) gets 30% of its revenue from its Western Canadian oil sands properties and conventional oil and gas wells. Its biggest properties are its 50%-owned Christina Lake and Foster Creek oil sands projects; ConocoPhilips (New York symbol COP) owns the remaining 50%. Refining supplies 70% of Cenovus’s revenue. The company ships its oil to its 50%-owned refineries in Illinois and Texas. Phillips 66 (New York symbol PSX) owns the other 50%....
ENCANA CORP. $8.97 (Toronto symbol ECA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 849.9 million; Market cap: $7.6 billion; Price-to-sales ratio: 1.5; Dividend yield: 0.9%; TSINetwork Rating: Average; www.encana.com) owns four key properties: Montney (B.C.), Duvernay (Alberta), and Eagle Ford and Permian (both in Texas). In addition to natural gas, these fields produce large amounts of oil and natural gas liquids, such as propane and butane. That cuts the company’s reliance on gas. In the three months ended March 31, 2016, Encana produced an average of 383,400 barrels a day (66% gas, 34% oil and liquids). Due to recent asset sales, that’s down 10.9% from 430,100 barrels a year earlier. The company’s four main properties now supply 70% of its overall production. Low oil prices have forced Encana to write down the value of its properties by $607 million (all amounts except share price and market cap in U.S. dollars)....