Latest Stock Advice
Activist investors are circling: uncover dividend-paying companies with resilient payouts and strong fundamentals from TSI’s latest Globe and Mail feature.
Nutrien Ltd. offers exposure to potash and nitrogen prices, a stable retail base and strong profitability.
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
Become a Successful Investor
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.
RIOCAN REAL ESTATE INVESTMENT TRUST $25.78 (Toronto symbol REI.UN; Units outstanding: 318.8 million; Market cap: $8.1 billion; TSINetwork Rating: Average; Dividend yield: 5.5%; www.riocan.com) is Canada’s largest real estate investment trust. In the three months ended June 30, 2015, RioCan’s revenue rose 6.3%, to $322.3 million from $303.2 million a year earlier. Cash flow per unit gained 2.4%, to $0.42 from $0.41. The trust has now agreed to unwind its 50/50 joint venture with U.S.-based Kimco Realty. This business manages 35 malls across Canada....
CANADIAN PACIFIC RAILWAY LTD. $199.75 (Toronto symbol CP; Shares outstanding: 161.0 million; Market cap: $31.3 billion; TSINetwork Rating: Above Average; Dividend yield: 0.7%; www.cpr.ca) prefers to use its excess cash to buy back shares instead of raising its $1.40- a-share dividend, which yields 0.7%. That’s because many of its investors live in the U.S. and are subject to withholding taxes on dividends from Canadian firms. The company could repurchase up to 9.1 million shares under its latest authorization, and it’s now closing in on that limit, so CP has raised it to 11.9 million shares, or 7% of the 161.0 million outstanding as of June 30, 2015. The company expects to complete these purchases by March 17, 2016....
CRESCENT POINT ENERGY CORP. $19.86 (Toronto symbol CPG; Shares outstanding: 498.3 million; Market cap: $9.4 billion; TSINetwork Rating: Extra Risk; Dividend yield: 6.0%; www.crescentpointenergy.com) produces oil and natural gas in Western Canada, with a focus on its Bakken light oil development in southeastern Saskatchewan. Its output is 91% oil and 9% gas. In the three months ended June 30, 2015, Crescent Point’s cash flow fell 17.7%, to $524.3 million from $636.7 million a year earlier. The company raised its daily output by 10.4%, but lower oil and gas prices offset that increase. Cash flow per share declined 26.5%, to $1.14 from $1.55, because the company issued shares to pay for acquisitions, including $1.5 billion for Legacy Oil + Gas in June 2015....
ENBRIDGE INC. $55.89 (Toronto symbol ENB; Shares outstanding: 860.1 million; Market cap: $46.6 billion; TSINetwork Rating: Above Average; Divd. yield: 3.3%; www.enbridge.com) has received regulatory approval to reverse the flow of crude oil on its Line 9 pipeline between Sarnia, Ontario, and Montreal. Under the plan, oil will now flow from Sarnia to Montreal. Enbridge will also increase the line’s capacity so it can handle heavy crude from Alberta’s oil sands. It took longer than expected for regulators to sign off, so the project’s cost jumped to $800 million from its original estimate of $100 million. To put that in context, Enbridge earned $505 million in the latest quarter....