Latest Stock Advice
Toromont Industries Ltd. should see continued earnings growth thanks to its leading market share and Canada’s plan to increase spending on infrastructure projects.
ARC Resources keeps returning its cash flow to shareholders through a growing dividend and substantial share buybacks.
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.
Become a Successful Investor
What are the most profitable stocks to buy? Blue chip stocks are included in that group—and here are the key characteristics you need to target for maximum success
Learn how to invest in DRIP stocks more effectively by considering these qualities of the top dividend-paying shares—and how they fit into your long-term portfolio
CANADIAN PACIFIC RAILWAY $159.03 (Toronto symbol CP; Shares outstanding: 153.8 million; Market cap: $25.5 billion; TSINetwork Rating: Above Average; Yield: 0.9%; www.cpr.ca) reported 5.9% lower freight volumes in the latest quarter, mainly because of falling prices for oil, minerals and other commodities. In the three months ended December 31, 2015, CP earned $419 million, down 8.9% from $460 million a year earlier. However, per-share earnings gained 1.5%, to $2.72 from $2.68, on fewer shares outstanding. Revenue fell 4.1%, to $1.69 billion from $1.76 billion. Still, revenue from forest products jumped 20.4%, and fertilizer shipments rose 18.0%....
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $32.83 (Toronto symbol AP.UN; Units outstanding: 78.3 million; Market cap: $2.6 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.6%; www.alliedreit.com) owns 147 office buildings, mostly in major Canadian cities. These mainly Class I properties contain over 10.5 million square feet of leasable area. Class I refers to 19th- and early-20th-century industrial buildings that have been converted to retail space. They usually feature exposed beams, interior brick and hardwood floors....
RIOCAN REAL ESTATE INVESTMENT TRUST $25.02 (Toronto symbol REI.UN; Units outstanding: 320.4 million; Market cap: $7.9 billion; TSINetwork Rating: Average; Dividend yield: 5.6%; www.riocan.com) is Canada’s largest real estate investment trust. In the three months ended September 30, 2015, RioCan’s cash flow rose 5.0%, to $140.2 million from $133.6 million a year earlier. Per-unit cash flow gained 2.3%, to $0.44 from $0.43, on more units outstanding. The trust has now agreed to sell its 49 U.S. malls for $1.2 billion (Canadian). It expects to complete the sale in April 2016....
RIOCAN REAL ESTATE INVESTMENT TRUST $25.02 (Toronto symbol REI.UN; Units outstanding: 320.4 million; Market cap: $7.9 billion; TSINetwork Rating: Average; Dividend yield: 5.6%; www.riocan.com) is Canada’s largest real estate investment trust. In the three months ended September 30, 2015, RioCan’s cash flow rose 5.0%, to $140.2 million from $133.6 million a year earlier. Per-unit cash flow gained 2.3%, to $0.44 from $0.43, on more units outstanding. The trust has now agreed to sell its 49 U.S. malls for $1.2 billion (Canadian). It expects to complete the sale in April 2016....