Latest Stock Advice
It is important to note that some types of investments provide more security than others. Investors seeking safe investment options should look for well-established companies with hidden assets among other key characteristics.
Sun Life Financial Inc. and Manulife Financial Corp. each offers a combination of solid earnings growth, ongoing share repurchases, and impressive dividend yields.
Top pick Yum Brands Inc. gives you sales growth, steady EPS growth, and a solid dividend
Nutrien Ltd. offers exposure to potash and nitrogen prices, a stable retail base and strong profitability.
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Tax shelters in Canada aim to reduce or eliminate your tax liability, they are great ways for Canadian investors to cut their tax bills.
In some ways, stock buyback benefits are better than dividends. In particular, they give you a tax-deferral option that you don’t get with cash dividends.
Thanks to its big client base and high-quality rigs, we see Precision Drilling as a stock poised for a big rebound when oil prices recover.
What are mining stocks and how can you successfully invest in them?
John Templeton, one of history’s most successful investors, played a big role in my investment education. One of Templeton’s most valuable investing guidelines is, “Invest at the point of maximum pessimism”. It’s also among the easiest Templeton quotes to misunderstand, and one that’s often misapplied. Note that Templeton didn’t say, “Invest only at the point of maximum pessimism”. Yet many investors take this quote to mean that you should hold your funds in T-bills or a bank account until you see “blood running in the streets” (a quote from another famed investor). That would be problematic to say the least. Pessimism is an open-ended condition. Pessimism never gets so bad that it can’t get worse. Maximum pessimism is easiest to spot in retrospect, since you can then measure it against subsequent events. One good example occurred in February 2009. A prominent Toronto investment figure, known for strong long-time views on stocks (bearish) and gold (bullish), convened a meeting in a downtown Toronto theatre. Some of the most prominent economic pessimists on the continent came to deliver bad news on the outlook....
Goldcorp, $16.78, symbol G on Toronto (Shares outstanding: 830.0 million; Market cap: $13.9 billion; www.goldcorp.com), is a senior gold producer that also mines silver and base metals. Goldcorp’s mines (wholly owned and jointly held) include Red Lake and two others in Canada; Penasquito and two more in Mexico; Marlin in Guatemala; Wharf in the U.S.; and Pueblo Viejo in the Dominican Republic. In addition, the company is developing eight other projects in four countries. In 2014, Goldcorp produced 2.78 million ounces of gold and 36.8 million ounces of silver. It expects to produce 3.3 million to 3.6 million ounces of gold this year....