Latest Stock Advice
ARC Resources keeps returning its cash flow to shareholders through a growing dividend and substantial share buybacks.
Gen Digital Inc. is trading quite cheaply for a firm that just grew revenue nearly 26% while providing plenty of cash flow for innovation, dividends and buybacks.
AT&T Inc. offers a 4.2% yield at an attractive valuation as it’s tapped to generate over $18 billion in free cash flow while continuing to build ultrafast wireless and fibre-optic networks.
What is the best way to save for retirement? The answer depends on individual investors and the goals they have for retirement. However, starting your retirement investing early and utilizing proven strategies and investment types will help you save the most.
Become a Successful Investor
Staying away from the most volatile penny stocks will help you build a more stable and diversified portfolio of higher-quality stocks
Helium stocks, often associated with balloons and airships, is not just about a light-hearted gas; helium is a vital element.
The U.S. election year stock market rule can be profitable for investors in any political climate
AMERICAN EXPRESS CO., $59.44, New York symbol AXP, rose 2% this week on speculation that WELLS FARGO &CO., $50.05, New York symbol WFC, will soon launch a takeover offer. Berkshire Hathaway (New York symbol BKB.B), the holding company controlled by billionaire investors Warren Buffett, owns 15.6% of American Express and 9.8% of Wells Fargo. An acquisition would enhance Wells Fargo’s credit card business and give it access to Amex’s high-quality clientele. In addition, the bank’s large depositor base provides a lower-cost way of funding credit card loans. Combining the two businesses would also allow Wells Fargo to eliminate overlapping operations....
IMPERIAL OIL LTD., $44.40, Toronto symbol IMO, is selling its 497 company-owned Esso gas stations to independent operators for $2.8 billion. Following the sale, franchisees will operate all of its 1,700 Esso stations across Canada. The buyers include Alimentation Couche-Tard (Toronto symbol ATD.B). It is purchasing 279 stations in Ontario and Quebec. (Alimentation Couche-Tard is a recommendation of Stock Pickers Digest, our newsletter that focuses on aggressive investments.) In addition, 7-Eleven Canada is getting 148 stations in Alberta and British Columbia. Parkland Fuel (Toronto symbol PKI), will buy 17 stations in Saskatchewan and Manitoba....
TECK RESOURCES LTD. $10 (Toronto symbol TCK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 576.3 million; Market cap: $5.8 billion; Price-to sales ratio: 0.7; Dividend yield: 1.0%; TSINetwork Rating: Extra Risk; www.teck.com) is a leading producer of metallurgical coal, a key ingredient in steel making. Its six coal mines (five in B.C. and one in Alberta) account for 11% of global demand. Asian customers buy 75% of the company’s coal. In 2015, coal accounted for 37% of its revenue and 34% of its earnings. Teck also produces zinc (34%, 31%), which prevents rusting when added to steel. The company is a major supplier of copper (29%, 35%), and produces other metals, including gold, lead and molybdenum (which is used in steelmaking)....