Canadian stock picks: Toromont grows as new order bookings rise

Toromont Industries Ltd., symbol TIH on Toronto, is a distributor of a broad range of Caterpillar and industrial equipment. As well, its CIMCO division makes refrigeration systems.

Toromont is one of the growth stocks we analyze in Stock Pickers Digest.

In the three months ended June… Read More

Canadian stock picks: Gennum earnings decline in latest quarter

Gennum Corp., Toronto symbol GND, makes equipment for TV broadcasters that stores, manipulates and transfers video signals. It also makes chips that make computer networks work more quickly.

Gennum is one of the Canadian stock picks we analyze in The Successful Investor.

On April 6, 2011, Gennum… Read More

E-book costs weigh on this Canadian stock pick’s earnings

Indigo Books & Music Inc., Toronto symbol IDG, is Canada’s largest bookseller. The company operates 97 superstores under the Chapters and Indigo banners. It also has 149 mall-based stores, and sells books, movies and music through its web site.

Indigo is one of the Canadian stock… Read More

Canadian stock picks: Strong quarter for Toromont

Toromont Industries Ltd., $30.60, symbol TIH on Toronto, operates two divisions: the equipment group distributes a broad range of Caterpillar and industrial equipment; the compression group builds natural-gas compression units.

In the three months ended March 31, 2011, the Canadian stock pick’s revenue jumped 38.3%… Read More

This Canadian stock pick’s sales and earnings declined in 2010

Canada Bread Company Ltd., symbol CBY on Toronto, is Canada’s second-largest producer of baked goods after Weston Bakery. It also makes specialty pastas and sauces. The company’s main brands include Dempster’s, New York Bakery, Tenderflake, and Olivieri.

Earnings fell 21.3% to $61.0 million, or $2.40 a.. Read More

This Canadian stock pick’s earnings have risen sharply

Members of our Inner Circle service often ask for our advice on Canadian stock picks they are thinking of buying that we don’t cover in our newsletters. These companies range from the most speculative penny mines to large multinational corporations.

For example, an Inner Circle member… Read More

3 common mistakes investors make when selecting Canadian stock picks

Here are three common mistakes many investors make when selecting Canadian stock picks. All three can seriously hinder — or eliminate — your portfolio’s long-term profit potential.

1. Buying low-quality investments: Most of the bad deals in Canadian stock picks exhibit the usual tip-offs. For example,… Read More