Top pick Barrick Mining just raised its dividend a whopping 140% as it generates record earnings and continues its strategic asset reorganization.
Warner Music Group Corp. is well-positioned for higher-margin catalog revenues, added streaming adoption, and new AI monetization opportunities.
ARC Resources keeps returning its cash flow to shareholders through a growing dividend and substantial share buybacks.
Become a Successful Investor
Think mining stocks are always safe in inflationary times? Here are 9 common myths Canadian investors should stop believing before buying.
Learn the biggest investing for retirement mistakes Canadians over 45 make, plus safer ways to build steady income with stocks, ETFs, and REITs.
We’re still positive on the long-term outlook for stocks. But in a time of rising market volatility, plunging commodity prices and international tension, it’s more important than ever to diversify, rather than focus on a single stock of the year. Moreover, we find lots of attractive long-term buys among stocks we cover. With that in mind, we’ve chosen to highlight one pick from each of our portfolios (Conservative, Aggressive and Income) for 2016. All three of these high-quality stocks offer strong growth prospects and trade at reasonable multiples to earnings. CAE INC. $15 (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 269.2 million; Market cap: $4.0 billion; Price-to-sales ratio: 1.8; Dividend yield: 2.0%; TSINetwork Rating: Average; www.cae.com) is the world’s leading maker of flight simulators, which help teach airline and military pilots how to take off, land and handle a variety of emergency situations....
SUNCOR ENERGY INC. $31 (Toronto symbol SU; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.4 billion; Market cap: $43.4 billion; Price-to-sales ratio: 1.5; Dividend yield: 3.7%; TSINetwork Rating: Average; www.suncor.com) has extended its hostile all-stock takeover offer for Canadian Oil Sands (Toronto symbol COS) to January 27, 2016. Under the proposal, Canadian Oil Sands investors would still receive 0.25 of a Suncor share for each share they own. Based on Suncor’s current share price, the offer is worth $3.8 billion. Suncor hoped to wrap up the deal on January 8. However, it seems less than 50% of Canadian Oil Sands’ shareholders supported the offer, which was short of the two-thirds Suncor needs to complete the purchase....
We recommend that you limit aggressive holdings to 30% of your overall portfolio (10% for more conservative investors). That’s especially true in light of the recent stock market volatility. We like the long-term outlook for these five aggressive stocks. However, only four are buys right now. RIOCAN REAL ESTATE INVESTMENT TRUST $23 (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 320.4 million; Market cap: $7.4 billion; Price-to-sales ratio: 5.7; Dividend yield: 6.1%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 305 shopping centres in Canada, including 16 under development....
SAPUTO INC. $32 (Toronto symbol SAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 392.9 million; Market cap: $12.6 billion; Price-to-sales ratio: 1.2; Dividend yield: 1.7%; TSINetwork Rating: Average; www.saputo.com) reported that its sales rose 3.4% in its fiscal 2016 second quarter, which ended September 30, 2015, to $2.8 billion from $2.7 billion a year earlier....