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.
Cyberark Software Ltd., $48.67, symbol CYBR on Nasdaq (Shares outstanding: 31.7 million; Market cap: $1.5 billion; www.cyberark.com), is an Israel-based maker of software for protecting computer networks from online attackers. Unlike other computer security software, which aims to prevent attacks before they occur, Cyberark’s system only activates after it detects a threat inside a network. It then aims to isolate the threat and lock down the servers or individual computers to keep sensitive data from being transferred. The company also makes software that prevents online intruders from accessing accounts that have privileged access to computer networks, such as system administrators. Demand for Cyberark’s products is growing quickly in response to several high-profile online attacks, such as the recent theft of credit card data from Target and Home Depot....
BMO S&P/TSX Laddered Preferred Share Index ETF, $10.93, symbol ZPR on Toronto (Units outstanding: 90.6 million; Market cap: $990.3 million; www.etfs.bmo.com), holds Canadian floating-rate preferred shares. Issuers include Bank of Montreal, Enbridge, BCE, TransCanada and Canadian Utilities. The fund’s MER is 0.45%, and it currently yields 4.9%. Note that the dividends you receive from this fund benefit from the Canadian dividend tax credit. Floating-rate preferred shares pay dividends that fluctuate with changes in interest rates. The dividend rate may range from 50% to 100% of (usually) the prime bank rate. As interest rates rise, so do floating-preferred dividend yields....
MacDonald, Dettwiler and Associates, $77.09, symbol MDA on Toronto (Shares outstanding: 36.2 million; Market cap: $2.8 billion; www.mdacorporation.com), offers space-based systems for delivering a range of services, including television and radio, broadband Internet and mobile communications. The company is a leading supplier of communication satellites, satellite-antenna subsystems, and associated ground infrastructure and support services. Its main customers in this area are makers and operators of communication satellites and government agencies worldwide. In the three months ended June 30, 2015, MacDonald Dettwiler’s revenue fell 5.2%, to $523.7 million from $552.7 million a year earlier. The decline mainly resulted from lower activity levels on the Radarsat Constellation Mission program. Excluding one-time items, earnings per share rose 4.0%, to $1.56 from $1.50....
Michael Kors Holdings, $44.33, symbol KORS on New York (Shares outstanding: 193.4 million; Market cap: $8.6 billion; www.michaelkors.com), designs, distributes and sells branded men’s and women’s clothing, accessories, footwear and fragrances. Michael Kors operates in three segments: retail (49% of sales), wholesale (47%) and licensing (4%). It markets its products under the Michael Kors brand. The company owns and operates 343 stores in North America and 183 internationally, mostly in Europe and Japan....