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Nutrien Ltd. offers exposure to potash and nitrogen prices, a stable retail base and strong profitability.
Toromont Industries Ltd. should see continued earnings growth thanks to its leading market share and Canada’s plan to increase spending on infrastructure projects.
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.
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Learn how a market linked GIC works, what returns to expect, and how Canadian investors can judge the trade-off between safety and upside.
Investing in high-risk investment opportunities may look like a quick way to supercharge your portfolio gains—but it’s more likely to kill those gains
Genworth MI Canada, $29.92, symbol MIC on Toronto (Shares outstanding: 91.8 million; Market cap: $2.7 billion; www.genworth.ca), is a leading Canadian residential mortgage insurer. It provides this service through its subsidiary, Genworth Financial Mortgage Insurance Company of Canada. Right now, it has $390 billion of insurance policies written. In the three months ended September 30, 2015, Genworth’s revenue rose 19.9%, to $260.1 million from $217.0 million a year earlier. Earnings per share gained 3.1%, to $1.00 from $0.97. Genworth continues to gain market share, and it aims to manage both its credit risk and its investment portfolio conservatively. Still, it needs Canadian housing markets to remain stable, or at least suffer just a modest decline in activity, to keep reporting improved results....
Medical Facilities Corp., $15.65, symbol DR on Toronto (Shares outstanding: 31.3 million; Market cap: $487.8 million, www.medicalfacilitiescorp.ca), owns majority interests in four specialty surgical hospitals in South Dakota, Oklahoma and Arkansas, as well as an ambulatory surgery centre in California. The specialty hospitals perform scheduled surgical, imaging and diagnostic procedures. Their revenue comes from fees they charge for the use of their facilities. The ambulatory surgery centre specializes in outpatient surgical procedures. Patients typically stay in this facility for less than 24 hours. On June 4, 2015, the company sold its 65%-owned Dakota Plains Surgical Center in South Dakota for $33.8 million. Medical Facilities’ share of the gain on the deal was $9.3 million after tax....
Visa, a global leader in credit and debit payments, expands into the fast-growing area of online and mobile payment transactions.
One of the great investing rules to live by comes from poker: if you can’t spot the sucker, it’s probably you