canadian

SUNCOR ENERGY INC., $52.37, Toronto symbol SU, is a buy.

The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. It also operates four refineries (three in Canada and one in Colorado), along with over 1,800 Petro-Canada gas stations.

Suncor now expects to spend between $6.1 billion and $6.3 billion on exploration and upgrades in 2025....

The shares of these two utilities continue to rise, mainly because falling interest rates make their high dividend yields more appealing to income-seeking investors. As well, their new projects will give them even more room for dividend hikes.


CANADIAN UTILITIES LTD....

Finning supplies Caterpillar heavy equipment and support services to resources companies, so its revenues tend to move up and down with commodity prices.


To offset that cyclical risk, the company typically signs long-term support contracts when it sells new equipment, which gives its predictable revenue streams....

On October 1, 2024, TC Energy completed the spinoff of its oil pipeline business as separate company South Bow. Investors received 0.2 of a South Bow share for every TC share they held.


TC recommends that shareholders allocate 91% of their adjusted cost base to their TC Energy shares, and 9% to their South Bow shares....

TSI’s Scott Clayton has unearthed a sextet of dividend-paying gems hiding in plain sight. These companies, spanning industries from railway giants to potato powerhouses, have seen their share prices take a beating in 2024. But don’t be fooled by their temporary fall from grace – our rigorous TSI Dividend Sustainability Rating System suggests these stocks are coiled springs, ready to bounce back with a vengeance.

We’ve identified six companies that not only maintain rock-solid dividend credentials but also possess the financial firepower and market positioning to deliver potentially explosive returns in 2025 and beyond....

A: TransAlta Corp., $18.29, symbol TA on Toronto (Shares outstanding: 298.4 million; Market cap: $5.5 billion; www.transalta.com), is one of Canada’s largest publicly traded power generators.

Established in 1911, the company develops and operates electricity generation facilities....

I’ve been advising Canadian investors to include U.S. stocks in their portfolios for more than 30 years. I continue to recommend them today. The U.S. stock market offers the widest variety and highest investment grade of companies to invest in of any country in the world....

Well Health Technologies reports 23.1% revenue surge as it bridges virtual and physical care across multiple specialties on both sides of the border.

SCHNEIDER NATIONAL INC., $31.47, symbol SNDR on New York, is a Green Bay, Wisconsin-based transportation and logistics company. In business for 89 years, Schneider has three operating segments: Truckload (48% of revenue), Intermodal (24%), and Logistics (28%).

On November 24, 2024, the company announced its acquisition of Cowan Systems LLC for $390 million cash....

WAJAX CORP., $23.78, is a buy. Through their shares, investors benefit from the company’s (symbol WJX on Toronto) sales and servicing of cranes, forklifts and other heavy equipment. Wajax also provides related parts and systems such as ball bearings, hoses, diesel engines and transmissions.

The company’s customers are spread across the resources, construction, manufacturing and transportation industries.

In the quarter ended September 30, 2024, Wajax’s overall revenue fell 5.6%, to $481.0 million from $509.7 million a year earlier....