canadian

TMX GROUP LTD. $139 is a hold. The company (Toronto symbol X; Finance sector; Shares outstanding: 55.6 million; Market cap: $7.7 billion; Dividend yield: 2.4%; Takeover Target Rating: Medium; www.tmx.com) owns Canada’s two primary stock exchanges, the Toronto Stock Exchange and the Montreal Exchange, as well as clearing entities for domestic Canadian markets (CDS and CDCC).


TMX Group is now paying an undisclosed sum for Boston-based Wall Street Horizon Inc....

Activist investors tend to do a good job identifying ways that under-performing companies like Suncor and Alphabet can boost shareholder value. Even though they’re not always successful, those high-profile investors help draw attention to firms with already-good long-term prospects.


SUNCOR ENERGY INC....

Canada legalized cannabis four years ago. While demand has been steady, stiff competition has cut selling prices significantly. Meanwhile, advertising restrictions and plain packaging rules make it hard to build brands that win customer loyalty. Still, we think some companies have a distinct edge—including their prospects for added sales in the U.S....

Long-time readers know that we keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to brighten prospects for investors. Here are two buys that stand out this month:


CALIAN GROUP, $66.52, is a buy. The company (Toronto symbol CGY; TSINetwork Rating: Extra Risk) (calian.com; Shares outstanding: 11.6 million; Market cap: $759.5 million; Dividend yield: 1.7%) lets investors benefit from its four operating segments: Advanced Technologies; Health; Learning; and Information Technology & Cyber Solutions.


Ottawa-based Calian’s focus on secure Canadian government contracts continues to pay off in a big way.


In the three months ended September 30, 2022, revenue rose 25.8%, to a record $160.6 million from $127.6 million a year earlier....

Understanding how to invest in Candian stock market holdings will help you diversify your portfolio, making the best selections possible.

ROYAL BANK OF CANADA, $130.91, Toronto symbol RY, is a buy.

The bank is raising its quarterly dividend by 3.1%. Starting with the February 2023 payment, investors will receive $1.32 a share instead of $1.28. The new annual rate of $5.28 yields a solid 4.0%.

Royal has also agreed to pay $13.5 billion in cash for the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC)....

CANADIAN IMPERIAL BANK OF COMMERCE, $58.52, Toronto symbol CM, remains a buy for long-term gains.

The stock has dropped 10% since the start of December, mainly due to concerns that rising interest rates will slow demand for new residential mortgages and refinancing....

Traditionally, the price of most stocks, and the ETFs that hold them, drop during bear markets like the one we saw in 2022. However, certain segments generally perform better than the overall market during downturns—and bounce back faster, including during the 2000-2002 and 2008-2009 bear markets.


Below, we highlight three ETFs focused on resilient market segments: value stocks, military defence and healthcare....

Retirement investments can easily be made to boost your long-term returns with a focus on registered retirement plans and a long-term approach

Like Imperial Oil (see page 1), these three oil and gas producers are also benefitting from higher energy prices and moderating capital spending plans. That’s freeing up more cash for dividends and debt repayments.


We continue to see all three as high-quality buys for the Resources portion of your portfolio....