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Sun Life Financial Inc. and Manulife Financial Corp. each offers a combination of solid earnings growth, ongoing share repurchases, and impressive dividend yields.
Groupe Dynamite Inc. is a high‑quality specialty retailer with gains ahead.
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.
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When investing in rare earth metals, you need to look at the unique geographical and political environment the mining company produces in.
There will always be stocks you’ll wish you bought, especially after you see their growth. Here’s what to look for so you won’t miss out.
AGRIUM INC. $126 (Toronto symbol AGU; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 142.8 million; Market cap: $18.0 billion; Price-to-sales ratio: 1.1; Dividend yield: 3.6%; TSINetwork Rating: Average; www.agrium.com) has shifted its focus in the past few years from making fertilizers to selling them, along with seeds and other products, to farmers. That has cut its exposure to volatile bulk-fertilizer prices. Agrium now gets 75% of its sales and 60% of its earnings from its retail stores, which consist of 1,500 locations in North America, South America and Australia. The remaining 25% of sales and 40% of earnings comes from making nitrogen-based fertilizers from natural gas. Agrium also operates potash and phosphate fertilizer mines....
POTASH CORP. OF SASKATCHEWAN $29 (www.potash corp.com) has dropped its $8.8-billion U.S. offer to buy German fertilizer producer K+S AG. That price is equal to 48% of Potash Corp.’s $23.8 billion (Canadian) market cap. K+S refused to negotiate a friendly deal, and a hostile offer would have faced strong opposition from German regulators on concerns that the company would close some of K+S’s mines. Hold. RESTAURANT BRANDS INTERNATIONAL INC. $47 (www.rbi.com) plans to open over 150 Tim Hortons coffee-anddonut stores in Cincinnati, Ohio, over the next 10 years. The company currently has 4,776 Tim Hortons outlets in Canada, the U.S. and the Middle East. A franchisee will build and operate these stores, which cut Restaurant Brands’ risk. Hold. METRO INC. $37 (www.metro.ca) spent $355.2 million on share buybacks in the 12 months ended September 9, 2015. That’s equal to 4% of its $8.9-billion market cap. Under its new authorization, the supermarket operator can repurchase up to 7.4% of its outstanding shares by September 9, 2016. Buybacks raise earnings per share and other per-share calculations and give the remaining shareholders a larger stake in the company. Buy.
Junior energy stock Twin Butte energy has kept its cash flow up with hedging strategies, but its high-yielding dividend may be in doubt.
There are two fundamental things you should know about making growth stock picks.