Q: Pat, I have followed your recommendations for years and have built a good portfolio on them. I have a question. What do you think of Canadian Apartment Properties REIT’s prospects going forward? Thank you.

A: Canadian Apartment Properties REIT, $45.10, symbol CAR.UN on Toronto (Units outstanding: 167.6 million; Market cap: $7.8 billion; www.capreit.ca) owns multi-unit residential properties, including apartments, townhomes and manufactured home communities (trailer parks). Those rental properties are all located in or near major urban centres in… Read More

Earnings jumped 13.3% at ResMed

Earnings jumped 13.3% at ResMed

Rising demand for sleep and respiratory care devices as well as accompanying software offerings led to a 12.5% revenue boost for ResMed during the most-recent quarter.

The firm recently completed its largest acquisition to date as it bought a maker and seller of out-of-hospital software solutions… Read More