canadian
The current supply shortfall in the global semiconductor industry is creating major problems for many manufacturers of vehicles, computers, and other connected devices. While the imbalance will resolve itself as the supply chains return to normal and demand stabilizes, the longer-term demand trend for computer chips remains strong....
BMO COVERED CALL CANADIAN BANKS ETF $20.73 (Toronto symbol ZWB) holds shares of Canada’s six largest banks (CIBC, TD Bank, Bank of Montreal, Bank of Nova Scotia, Royal Bank and National Bank) either directly or through units of the BMO Equal Weight Banks Index ETF.
The fund started up in January 2011....
The fund started up in January 2011....
The Covid-19 pandemic has pushed shares prices for many healthcare stocks—and the ETFs that hold them—to today’s all-time highs. Despite that, the underlying growth trends remain strong as the global population grows older and emerging economies spend more on healthcare....
CANADIAN IMPERIAL BANK OF COMMERCE $146 is a buy. The bank (Toronto symbol CM; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 450.1 million; Market cap: $65.7 billion; Price-to-sales ratio: 3.4; Dividend yield: 4.0%; TSINetwork Rating: Above Average; www.cibc.com) is paying an undisclosed amount for the credit card business of Costco’s Canadian stores....
Loblaw’s shares have jumped 44% since the start of 2021, and recently hit a new all-time high of $92.00. That’s partly due to a reorganization in 2018 that transferred the company’s real estate business—Choice Properties REIT—to parent George Weston Ltd. The holding company owns 52.6% of Loblaw.
The reorganization let Loblaw better focus on its retail business, including expanding its online operations....
The reorganization let Loblaw better focus on its retail business, including expanding its online operations....
TD BANK $82.13 (Toronto symbol TD; Shares o/s: 1.8 billion; Market cap: $149.0 billion; TSINetwork Rating: Above Average; Yield: 3.9%; www.td.com) is a buy. The bank continues to reverse some of its previous loan-loss provisions as the economy recovers from COVID-19 shutdowns....
LOBLAW COMPANIES, $89.11, is a buy. The company (Toronto symbol L; Shares outstanding: 338.2 million; Market cap: $30.1 billion; TSINetwork Rating: Above Average; Dividend yield: 1.6%; www.loblaw.ca) launched a new mobile phone app called PC Health in 2020....
The Bank of Canada cut its benchmark interest rate to 0.25% in early 2020. That was meant to support economic activity after COVID-19 hit. Whether the bank continues to hold that rate steady, cuts it further or raises it depends on Canada’s economic growth and employment levels....
The market plunge at the start of the COVID-19 crisis lowered prices for most REITs. That’s because the pandemic forced many businesses to temporarily close. However, vaccines should see the economy normalize in the next several months. That will let these two REITs maintain their current distributions, or even raise them.
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $43.30, is a buy....
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $43.30, is a buy....
ISHARES S&P/TSX REIT INDEX ETF, $20.33, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 21 Canadian real estate investment trusts in the S&P/TSX REIT Index.
Investors pay an MER of 0.61%, and the REIT fund gives you a 2.7% yield....
Investors pay an MER of 0.61%, and the REIT fund gives you a 2.7% yield....