canadian
VEONEER INC. $36.57 (New York symbol VNE; TSINetwork Rating: Extra Risk) (www.veoneer.com; Shares outstanding: 112.0 million; Market cap: $4.1 billion; No dividends paid) makes Advanced Driver-Assistance Systems (ADAS).
We said in the July 2021 issue of Power Growth Investor we thought Veoneer could become a takeover target—including from Qualcomm (symbol QCOM on Nasdaq).
On July 22, 2021, Canadian auto-parts maker Magna International (symbol MG on Toronto) offered $31.25 each share of Veoneer....
We said in the July 2021 issue of Power Growth Investor we thought Veoneer could become a takeover target—including from Qualcomm (symbol QCOM on Nasdaq).
On July 22, 2021, Canadian auto-parts maker Magna International (symbol MG on Toronto) offered $31.25 each share of Veoneer....
This month we look at a space exploration ETF from ARK Invest that targets rising investor interest in space and related stocks. We also look at an ETF from Horizons that invests globally in semiconductor (computer chip) companies.
ARK Invest recently launched the ARK Space Exploration and Innovation ETF $20.78 (New York symbol ARKX).
The fund aims to select companies that launch or make satellites and/or launch vehicles, or that stand to benefit from space exploration technologies such as precision agriculture, Internet service providers, drone operators and so on.
The ETF invests globally, but the bulk of the assets are allocated to U.S....
ARK Invest recently launched the ARK Space Exploration and Innovation ETF $20.78 (New York symbol ARKX).
The fund aims to select companies that launch or make satellites and/or launch vehicles, or that stand to benefit from space exploration technologies such as precision agriculture, Internet service providers, drone operators and so on.
The ETF invests globally, but the bulk of the assets are allocated to U.S....
The year 2020 was a strong one for e-commerce as the pandemic forced consumers and businesses to increase their use of online transactions. However, this was an acceleration of a trend that has been developing for the past decade—and while growth may slow down as shoppers return to the malls, e-commerce will very likely continue to grow steadily....
Cybercrime can have major consequences for individuals, corporations, and governments, alike; the recent, highly publicized cyberattacks on Colonial Pipeline and meat producer JBS provide good examples (see box on page 82). Meanwhile, more people working and gaming from home has also spurred a jump in cyberattacks....
MOLSON COORS CANADA INC. $65 (www.molsoncoors.com) is a hold. The stock has gained nearly 50% from its March 2020 low, as the re-opening of bars and restaurants has helped spur demand for its beers. The company has also added fast-selling beverages such as hard seltzers....
Even though oil demand and prices continue to rebound from last year’s COVID-19-induced lows, Suncor’s shares have suffered. That’s partly due to problems that will delay the ramp-up of its Fort Hills oil sands project in northern Alberta. However, cost savings from Suncor’s takeover of the day-to-day operations of the Syncrude project should give it more cash for share buybacks and dividends.
SUNCOR ENERGY INC....
SUNCOR ENERGY INC....
CANADIAN TIRE CORP. (class A) is a buy. The retailer (Toronto symbols CTC $265 and CTC.A $202; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 60.8 million; Market cap: $12.5 billion; Price-to-sales ratio: 0.9; Dividend yield: 2.3%; TSINetwork Rating: Above Average; www.canadiantire.ca) has jumped over 60% in the past year as the pandemic spurred strong demand from locked down consumers for home improvement products....
Although it looks like interest rates will start moving up again in 2022, we continue to prefer high-quality utility stocks over holding bonds.
The four utility stocks below are top alternatives to bonds given their long track records of increasing their dividends even as rising interest rates hurt the value of bonds....
The four utility stocks below are top alternatives to bonds given their long track records of increasing their dividends even as rising interest rates hurt the value of bonds....
A: The PIMCO Global Short Maturity Fund (Canada) ETF, $19.75, symbol PMNT on Toronto (Units outstanding: 2.8 million; Market cap: $55.3 million; www.pimco.ca) began trading on the Toronto exchange on February 1, 2019....