canadian
Both Bombardier and CAE remain vulnerable to changing tariff policies in the U.S. and other countries. Still, we prefer CAE for new buying given its broader geographic operations and higher revenue from services.
BOMBARDIER INC. is a hold. The company (Toronto symbols BBD.A $86 and BBD.B $86; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 98.4 million; Market cap: $8.5 billion; Price-to-sales ratio: 0.6; Dividend suspended in February 2015; TSINetwork Rating: Speculative; www.bombardier.com) now focuses solely on making private luxury and business jet planes following the January 2021 sale of its passenger railcar business to France’s Alstom SA.
The company has five production facilities: two in Canada (Toronto and Montreal); two in the U.S....
ENBRIDGE INC. $59 is a buy. The company (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 2.2 billion; Market cap: $129.8 billion; Price-to-sales ratio: 2.4; Dividend yield: 6.4%; TSINetwork Rating: Above Average; www.enbridge.com) is part of a consortium that plans to build the new Traverse Pipeline.
This 260-kilometre line will connect two natural gas hubs along the Texas Gulf Coast....
This 260-kilometre line will connect two natural gas hubs along the Texas Gulf Coast....
Broadridge Financial Solutions just grew earnings 69.6% with 13.1% higher revenues as internal growth and strategic acquisitions continue to pay off.
AZEK COMPANY INC., $48.35, symbol AZEK on New York, manufactures sustainable building products focused on the outdoor living market. The company was founded in 1983 in Chicago.
Azek operates two divisions: Residential, which includes its TimberTech and Azek Exteriors brands, makes capped polymer and capped composite decking, along with railing, porch, lighting and paver products, and exterior PVC trim and moulding; and Commercial, which manufactures low-maintenance bathroom partitions, shower and dressing stalls, lockers and other storage solutions for schools, arenas, and other commercial facilities.
Azek’s residential segment generates 95% of its sales, with the commercial division accounting for the remaining 5%....
Azek operates two divisions: Residential, which includes its TimberTech and Azek Exteriors brands, makes capped polymer and capped composite decking, along with railing, porch, lighting and paver products, and exterior PVC trim and moulding; and Commercial, which manufactures low-maintenance bathroom partitions, shower and dressing stalls, lockers and other storage solutions for schools, arenas, and other commercial facilities.
Azek’s residential segment generates 95% of its sales, with the commercial division accounting for the remaining 5%....
TELUS CORP., $20.60, Toronto symbol T, is a buy.
The company is Canada’s largest wireless carrier with 13.88 million subscribers (including non-cellphone devices such as tablets). It also sells landline phone, Internet and TV services in B.C., Alberta and eastern Quebec.
Starting in 2011, Telus began rewarding its shareholders with twice yearly dividend increases....
The company is Canada’s largest wireless carrier with 13.88 million subscribers (including non-cellphone devices such as tablets). It also sells landline phone, Internet and TV services in B.C., Alberta and eastern Quebec.
Starting in 2011, Telus began rewarding its shareholders with twice yearly dividend increases....
CANADIAN PACIFIC KANSAS CITY LTD., $99.86, Toronto symbol CP, is still a buy for long-term gains.
The company took its current form in April 2023 when it acquired U.S.-based railway Kansas City Southern (KCS).
CP paid $31 billion U.S. in cash and shares for KCS....
The company took its current form in April 2023 when it acquired U.S.-based railway Kansas City Southern (KCS).
CP paid $31 billion U.S. in cash and shares for KCS....
TD BANK, $85.82, is a buy for patient, income-seeking investors. The lender (Toronto symbol TD; Shares outstanding: 1.8 billion; Market cap: $148.7 billion; TSINetwork Rating: Above Average; Dividend yield: 4.8%; www.td.com) recently settled charges over lapses in the anti-money laundering processes at its U.S....
The major Canadian and U.S. stock markets, while still subject to volatility, continue to offer attractive prospects for investors—especially if you buy the top stocks. All in all, we think that if you can afford to stay in the market for several years or longer, now is a good time for new buying....
Most of Pembina’s and South Bow’s pipelines operate under long-term contracts. That helps lower their risk in today’s uncertain economy. It also results in high, sustainable dividend yields for shareholders. At the same time, that dependable income bolsters their appeal and supports their share prices.
PEMBINA PIPELINE, $58.54, is a buy. The company (Toronto symbol PPL; Shares outstanding: 580.6 million; Market cap: $33.7 billion; TSINetwork Rating: Average; Dividend yield: 4.7%; www.pembina.com) is an energy transportation and midstream service provider that has served North America’s energy industry for 70 years....
PEMBINA PIPELINE, $58.54, is a buy. The company (Toronto symbol PPL; Shares outstanding: 580.6 million; Market cap: $33.7 billion; TSINetwork Rating: Average; Dividend yield: 4.7%; www.pembina.com) is an energy transportation and midstream service provider that has served North America’s energy industry for 70 years....
Both these Canadian insurance stocks provide investors with growth prospects as well as current high dividend yields. We see each as a buy.
MANULIFE FINANCIAL, $46.35, is a buy. This safety-conscious stock (Toronto symbol MFC; Shares outstanding: 1.7 billion; Market cap: $78.3 billion; TSINetwork Rating: Above Average; Dividend yield: 3.8%; www.manulife.ca) represents one of Canada’s largest life insurers....
MANULIFE FINANCIAL, $46.35, is a buy. This safety-conscious stock (Toronto symbol MFC; Shares outstanding: 1.7 billion; Market cap: $78.3 billion; TSINetwork Rating: Above Average; Dividend yield: 3.8%; www.manulife.ca) represents one of Canada’s largest life insurers....