Latest Stock Advice
Top pick Yum Brands Inc. gives you sales growth, steady EPS growth, and a solid dividend
Teck Resources Ltd. is a solid bet on higher copper prices with its big merger winning approvals
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.
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How to identify the top copper mining stocks—and how to best to fit them into your portfolio
A Member of Pat McKeough’s Inner Circle asked for his advice on an ETF that focuses on Canadian finance firm common shares, preferred shares and corporate bonds.
Pat likes the high distribution rate but warns that rate may be unsustainable....
Pat likes the high distribution rate but warns that rate may be unsustainable....
EXTENDICARE INC. $9.36 (Toronto symbol EXE; TSINetwork Rating: Extra Risk)(905-470-5534; www.extendicare.com; Shares outstanding: 87.7 million; Market cap: $833.7 million; Dividend yield: 5.1%) owns 57 longand short-term senior-care facilities that can house 8,118 residents. It also manages a further 95 residences that are home to 6,195 seniors.
Extendicare also operates 47 ParaMed Home Health Care branches in six provinces. ParaMed’s 10,900 staff members provide nursing care and other forms of assistance to clients who live at home.
In late 2014, the company sold its 156 U.S. facilities for after-tax proceeds of around $231.1 million U.S. Extendicare is now reporting improved results and has deployed the cash from the sale.
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Extendicare also operates 47 ParaMed Home Health Care branches in six provinces. ParaMed’s 10,900 staff members provide nursing care and other forms of assistance to clients who live at home.
In late 2014, the company sold its 156 U.S. facilities for after-tax proceeds of around $231.1 million U.S. Extendicare is now reporting improved results and has deployed the cash from the sale.
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Investing guidelines and rules of thumb can help you make better investment decisions. But to profit most from any one guideline, you need to understand why it works. That way, you can determine if the rule makes sense in a particular situation. For example, our rule on new stock issues or IPOs (Initial Public Offerings) is simple. We generally stay out of them. That’s because new stock issues come to market when it’s a good time for the company or its insiders to sell. That may not be a good time for you to buy. In fact, it’s often a bad time for you to buy, judging by academic studies of new-issue performance. In addition, brokers reserve their best new issues for their biggest and most co-operative clients—those who do a lot of trading, or who buy every new issue the broker offers them. If you rarely buy new issues, you will rarely if ever be able to buy a significant portion of the best new issues....
Hydro One Inc. is an electricity transmission and distribution utility owned by the province of Ontario. It owns and operates 96% of Ontario’s electricity-transmission capacity, serving 1.4 million customers through its 29,000 kilometres of power lines. Transmission refers to the delivery of electricity over high-voltage lines, typically over long distances, from generating stations to local areas and industrial customers. Distribution refers to the delivery of electricity over low-voltage lines to users such as homes, businesses and institutions. Hydro One doesn’t generate electricity. Ontario Power Generation, also owned by the province of Ontario, supplies about 50% of the province’s power. Companies like Northland Power, TransAlta and TransCanada Corp., along with small independent producers, supply the rest....
Weight Watchers International, $16.14, symbol WTW on New York (Shares outstanding: 57.2 million; Market cap: $880.1 million; www.weightwatchers.com), offers weight-loss services in 23 countries. The company promotes a program of lifestyle changes through over 36,000 weekly member meetings and online. It gets 80% of its revenue by collecting meeting fees and 20% from product sales. Weight Watchers has been in business for over 54 years. Jean Nidetch, a homemaker living in Queens, New York, founded the company in 1961. Nidetch struggled to lose weight, so she started a support group with friends and neighbours....