These renewables offer sustainable yields

With their clean, renewable power, these two companies have strong conceptual appeal for investors. But just as important is their diverse mix of hydroelectric, wind and solar power. That diversity, along with their long-term contracts, provide stable cash flows. That lets these utility firms continue… Read More

Our stock updates help protect your gains

RESIDEO TECHNOLOGIES INC. $17 is a spinoff buy. The company (New York symbol REZI; Manufacturing & Industry sector; Shares outstanding: 145.8 million; Market cap: $2.5 billion; No dividend paid; Takeover Target Rating: Medium; www.resideo.com) makes heating, ventilation and air-conditioning equipment. It also distributes fire-protection and building security products. Honeywell… Read More

Two new ETFs for Canadian investors

This month we highlight an ETF from Fidelity that invests in companies involved in the development of the metaverse. That’s in addition to an ETF from Horizons that invests in Canadian utility companies.
FIDELITY TOTAL METAVERSE INDEX ETF $9.42 (Toronto symbol FMTV) invests globally in companies that contribute to… Read More

Tap these renewables for sustainable yields

With their clean, renewable power, these two companies have strong conceptual appeal for investors. But just as important—especially considering the pandemic—is their diverse mix of hydroelectric, wind and solar power. That diversity, along with their long-term contracts, provide stable cash flows. That lets these utility… Read More

Brookfield expands in solar

BROOKFIELD RENEWABLE PARTNERS L.P. $41.90, is a buy. The partnership (Toronto symbol BEP.UN; Units outstanding: 309.1 million; Market cap: $27.3 billion; TSINetwork Rating: Extra Risk; Dividend yield: 2.9%; www.brookfieldrenewable.com) has acquired clean power developer Urban Grid and its pipeline of high-quality, utility-scale solar and energy storage projects. These total… Read More