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
Energy Fuels Inc., $3.26, symbol EFR on Toronto (Shares outstanding: 45.3 million; Market cap: $147.6 million; www.energyfuels.com), operates two uranium processing facilities—the White Mesa Mill in Utah and the Nichols Ranch Processing Facility in Wyoming. Both supply uranium oxide (U3O8) in concentrates to major nuclear utilities. The White Mesa Mill has a capacity of over 8 million pounds of uranium oxide per year. The Nichols Ranch Processing Facility, acquired in the company’s purchase of Uranerz Energy Corporation in June 2015, has capacity of 2 million pounds of U3O8 per year. Energy Fuels also has uranium mining projects located in a number of western U.S. states, including small producing mines, mines on standby, and mineral properties in various stages of permitting and development....
Blackstone Group LP, $26.06, symbol BX on New York (Shares outstanding: 558.4 million; Market cap: $16.0 billion; www.blackstone.com), is a global alternative asset manager and provider of financial advisory services. The company’s alternative asset management businesses include managing corporate private equity funds, real estate opportunity funds, hedge funds, mezzanine funds, senior debt funds and closed-end mutual funds. Mezzanine financing is a mixture of debt and equity financing that private companies use to fund expansion. Mezzanine debt gives the lender the right to convert the debt to equity if the borrower defaults. It typically entails less due diligence by the lender, and the borrower puts up little or no collateral....
Global X Social Media ETF, $16.63, symbol SOCL on Nasdaq (Units outstanding: 4.1 million; Market cap: $68.2 million; www.globalxfunds.com), invests in companies that provide social networking, file sharing and other web-based media applications. This exchange traded fund holds 36 social media stocks. U.S. social media stocks make up 49% of assets. China is next with 28%; Japan, 12%; Russia, 7%; Ireland, 2%; Taiwan, 2%; and Germany, 1%. The fund’s MER is 0.65%. It began trading as a new issue on November 14, 2011....
BMO Europe High Dividend Covered Call Hedged to CAD ETF, $18.34, symbol ZWE on Toronto (Units outstanding: 2.5 million; Market cap: $45.9 million; www.etfs.bmo.com), holds mostly high-quality European stocks. These include BP plc, Swiss Re AG, HSBC Holdings plc, Total SA, Teliasonera AG, Allianz SE and Nordea Bank AB. The ETF is reasonably well balanced across the five economic sectors. It’s also focused on the more stable European countries, with 23.1% of its assets in Switzerland, 18.4% in France, 15.8% in Germany, 15.0% in Sweden, 12.3% in the Netherlands and 10.1% in the U.K. In general, a substantial portion of the ETF’s portfolio hedges the movement of the Canadian dollar against the euro, Swiss franc, British pound and so on. That guards against the upward movement of the Canadian dollar compared to those foreign currencies. But if they rise while your investment is hedged, any gain you’d otherwise enjoy will be reduced....