Latest Stock Advice
Long-time favourite TC Energy Inc. yields 3.9% and generates stable cash flows from almost 94,000 kilometres of natural gas pipelines plus large-scale gas storage and power generation assets.
Stantec Inc. boosts its growth prospects with savvy acquisitions
Signet Jewelers Ltd. is still subject to changes in consumer confidence, but it’s making smart moves to spur growth
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.
Become a Successful Investor
Are stocks and investing too risky for retired Canadians? Learn the real risks in retirement—market drops, inflation, and income needs—and how a conservative, income-focused approach can lower risk through a TFSA, RRSP, or RRIF.
The best TFSA investments provide you with tax advantages, but you need to pick your investments wisely. Keep reading to learn more.
Crius Energy Trust, $7.81, symbol KWH.UN on Toronto (Shares outstanding: 16.7 million; Market cap: $126.4 million; www.criusenergytrust.ca), owns 26.8% of Connecticut-based Crius Energy LLC. That company was formed when Regional Energy and Public Power merged in late 2012. Both of those firms started up in 2009 as energy retailers. Crius Energy LLC is one of the top energy retailers in the U.S., with about 800,000 customers. The company provides electricity and gas under variable and fixed-price supply contracts through a variety of sales channels. It operates through Viridian Energy, Cincinnati Bell Energy, FairPoint Energy, FTR Energy Services and Public Power....
Clarke Inc., $10.62, symbol CKI on Toronto (Shares outstanding: 15.6 million; Market cap: $164.1 million; www.clarkeinc.com), is a holding company with interests in products and services in the transportation, industrial, energy and consumer areas. It also invests in securities. Clarke continues to evolve from a trucking firm into an investment holding company. However, its strategy mainly involves investing in and turning around small, distressed firms, which adds risk. From time to time, it also buys hard assets: in February 2015 it sold its container vessel, the MV Shamrock for $4.6 million U.S. It made a small profit, but the purchase of the ship at a tax-lien auction in 2004 never paid off as expected....
H&R REIT builds with takeovers, Canadian REIT builds from within, and we like both for their strong dividend yields and sound prospects.
CANADIAN UTILITIES LTD. $36 (www.canadianutilities.com) has spent $617 million in the first half of 2015 to expand its power plants, transmission lines and pipelines in Alberta. However, higher corporate taxes in that province, as well as writedowns, offset the extra revenue from these operations....