canadian

AMAZON.COM INC., $115.54, symbol AMZN on Nasdaq, is a buy. The company is one of the world’s largest online retailers. It’s also the third-largest digital ad provider in the U.S. Its Amazon Web Services (AWS) is also one of the world’s largest cloud infrastructure service providers.

Amazon has now agreed to add Grubhub to its suite of Prime services in the U.S.

For Grubhub’s parent, Netherlands-based Just Eat Takeaway.com, the deal is aimed at letting it expand its food-ordering reach by tapping Amazon’s membership program.

For Amazon, it gets an initial option to take a 2% stake in U.S.-based Grubhub, and U.S....

OVINTIV INC., $55.74, Toronto symbol OVV, is a buy for long-term gains.

In 2020, Ovintiv became a U.S. company and changed its name from Encana Corp. (old symbol ECA). At the same time, investors received one share of Ovintiv for every five Encana shares they held....

COPPERLEAF TECHNOLOGIES INC., $6.71, symbol CPLF on Toronto, develops artificial intelligence-powered optimization software that helps clients who manage critical infrastructure, such as electricity generation or natural gas distribution, make investment decisions. Its software manages more than $2.6 trillion in infrastructure assets worldwide.

Companies use Copperleaf’s software to analyze, plan and budget how to spend capital budgets over multi-year periods in order to minimize business risks.

Vancouver-based Copperleaf’s prominent customers include National Grid plc (symbol NGG on New York), Duke Energy Corp....

CANADIAN TIRE CORP. (class A) is a buy. The retailer (Toronto symbols CTC $320 and CTC.A $164; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 60.8 million; Market cap: $10.3 billion; Price-to-sales ratio: 0.6; Dividend yield: 4.0%; TSINetwork Rating: Above Average; www.canadiantire.ca) plans to launch over 12,000 new private-label products by 2025 as part of its long-term growth strategy....

Airlines are now spending more on simulators and pilot training as travel volumes return to pre-pandemic levels. That’s good news for CAE, which has about 30% of the pilot-training market. The company also continues to expand its military businesses; that cuts its exposure to the cyclical airline industry....

CANADIAN NATIONAL RAILWAY CO. $148 is a buy. The company (Toronto symbol CNR; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 691.2 million; Market cap: $102.3 billion; Price-to-sales ratio: 7.0; Dividend yield: 2.0%; TSINetwork Rating: Above Average; www.cn.ca) operates Canada’s largest railway....

Governments around the world know the benefits that flow from upgrading infrastructure. However, stretched budgets because of the pandemic—as well as a reluctance to raise taxes—have limited the ability of governments to initiate new projects or to even expand existing ones....

CANADIAN NATIONAL RAILWAY CO., $144.79, Toronto symbol CNR, remains a buy.

CN operates Canada’s largest railway. Its 32,200-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.

With the March 2022 payment, CN raised its quarterly dividend by 19.1%....

The major Canadian and U.S. stock markets, while subject to volatility, have moved back up since their initial COVID-19 drop. Nonetheless, we think that if you can afford to stay in the market for several years or longer, now is still a good time for new buying....

Most of Pembina’s pipelines operate under long-term contracts. That helps lower the company’s risk in today’s uncertain economy. Meanwhile, Pembina’s investors tap a high, sustainable yield. That adds to the stock’s appeal and also supports its share price.


PEMBINA PIPELINE, $46.20, is a buy. The company (Toronto symbol PPL; Shares outstanding: 554.3 million; Market cap: $25.1 billion; TSINetwork Rating: Average; Dividend yield: 5.5%; www.pembina.com) operates pipelines that carry half of Alberta’s conventional oil and almost all of B.C.’s oil....