Latest Stock Advice
Top pick Barrick Mining just raised its dividend a whopping 140% as it generates record earnings and continues its strategic asset reorganization.
These aren’t space startups: discover 7 dividend-paying aerospace and defense contractors tied to NASA’s Artemis mission (from TSI’s latest Globe and Mail column).
Top pick Linamar Corp. is trading cheaply despite delivering higher sales and profits.
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.
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The most aggressive investors often target the newest and fastest-growing stocks—but most of them won’t pan out
COLLIERS INTERNATIONAL GROUP $44.51 (Toronto symbol CIG ; TSINetwork Rating: Extra Risk) (1-202-695-4200; www.colliers.com; Shares outstanding: 37.2 million; Market cap: $1.7 billion; Dividend yield: 0.2%) is one of the world’s top three commercial real estate firms, offering a range of services in the U.S., Canada, Europe, Australia, New Zealand, Asia and Latin America. Colliers continues to fuel its growth through acquisitions. Its latest is WPM Group NV, the leading property management firm in the Netherlands. The purchase price was not disclosed. Founded in 1987, WPM employs 180 people from five offices. Colliers will combine WPM with its existing operations in the Netherlands. The new unit will have 4.5 million square feet of real estate under management....
MITEL NETWORKS $9.69 (Toronto symbol MNW; TSINetwork Rating: Extra Risk) (613-592-2122; www.mitel.ca; Shares outstanding: 120.8 million; Market cap: $1.2 billion; No dividends paid) moved up recently after it announced that it now expects to report earnings per share of $0.27 to $0.28 in the fourth quarter of 2015, on revenue of $330 million to $335 million. The company previously forecast fourth-quarter earnings to a range of $0.22 to $0.27 per share on revenue of $315 million to $340 million. Mitel is increasingly moving from selling programs that are installed at its customers’ offices to a cloud model, where it keeps its software on its own servers and sells it by subscription. That provides steadier recurring revenue. The company added 152,000 cloud subscriptions in the 2015 third quarter and now has 1.76 million cloud users, up 69.7% from 1.04 million a year earlier....
NISSAN MOTOR (ADR) $17.41 (Nasdaq symbol NSANY; TSINetwork Rating: Above Average) (310- 771-3111; www.nissan-global.com; ADRs outstanding 2.3 billion; Market cap: $38.8 billion; Yield: 3.4%) is Japan’s secondlargest automaker, after Toyota and ahead of Honda. For 2016, Nissan extended the range of its Leaf electric car to 172 kilometres from 135 kilometres. The 25% increase comes from a more powerful 30-kilowatt battery, up from 24 kilowatts. Despite the increased range, battery recharging times and a shortage of refuelling stations may limit sales for all electric car makers—not just Nissan. Low gas prices also make gas-powered vehicles more competitive....
STANTEC INC. $32.04 (Toronto symbol STN; TSINetwork Rating: Extra Risk) (780-917-7288; www.stantec.com; Shares outstanding: 94.4 million; Market cap: $3.0 billion; Dividend yield: 1.3%) continues to grow by acquisition. Its latest is VOA Associates, a 280-person architecture and planning firm based in Chicago. VOA’s recent Chicago projects include the 32-story Wabash “vertical campus” Building at Roosevelt University and waterfront reconstruction of the landmark Navy Pier. Stantec cuts its costs by sharing administrative expenses, financing and employee benefits among its divisions. But continually buying new firms adds risk, including the risk of writedowns....