canadian

Below is the most-recent letter I sent to our Portfolio Management clients in February 2025. But first ...

Many thanks to a long-time reader

Back in the 1990s, I wrote an occasional newspaper column entitled “Tip Of The Week.” Recently a long-time reader sent me a sample of one from 1999.

“Thanks for the great advice, Pat,” she wrote....
Telus offers a high 7.3% yield as it diversifies its revenue streams in high-growth technology verticals.
K-BRO LINEN INC., $34.87, symbol KBL on Toronto, is the largest owner and operator of laundry and linen processing facilities in Canada. K-Bro operates across Canada and the U.K. and provides a range of linen services to healthcare institutions, hotels and other commercial accounts that include the processing, management and distribution of general linen and operating room linen.

K-Bro currently operates 11 processing facilities and two distribution centres under two distinctive brands, including K-Bro Linen Systems Inc....
TORONTO-DOMINION BANK, $92.91, Toronto symbol TD, remains a buy for patient, income-seeking investors.

The bank recently settled charges over lapses in the anti-money laundering processes at its U.S. retail banking operations. As a result, it paid a fine of $3.09 billion U.S.

The settlement also imposed an asset cap on TD’s U.S....
A: Fortuna Mining Corp., $8.12, symbol FVI on Toronto (Shares outstanding: 313.3 million; Market cap: $2.4 billion; www.fortunamining.com), is a Canadian precious metals producer, focused on gold, silver and base metals.

Established in 2005, the company has four operating mines, as well as exploration activities in Argentina, Burkina Faso, Cote d’Ivoire, Peru, and Mexico.

In northern Argentina, Fortuna operates the open pit Lindero gold mine, with a remaining life of nine years....
Broadridge profits from its recurring fee-based revenue and its leading position in proxy and other investor communication services. The company’s dominance in providing a wide range of back-office services, plus its high-quality clientele, also helps cut its risk....
BCE INC., $30.11, Toronto symbol BCE, remains a buy for long-term gains and income.

The company is Canada’s largest traditional telephone service provider. It has 1.77 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces....
5 cell-tower stocks for sustainable dividends and growth potential within the evolving telecom landscape.
A few years ago, supermarket operator Loblaw and its parent company George Weston re-organized their various businesses. That left Loblaw to focus on its main retail operations and to better compete with rivals Walmart and Costco.

Investors tend to prefer “pure-play” businesses that operate in a single industry and that can be easily analyzed....
Using a sector rotation strategy will eventually lead to you to lower portfolio returns. Keep reading to learn more about this strategy.