canadian

ALPHABET INC., Nasdaq symbols GOOG $164.52 [class C: non-voting] and GOOGL $163.24 [class A: one vote per share], is your #1 Aggressive buy for 2024.

The company is the parent of Google, the world’s leading Internet search engine—it handles over 80% of global search requests....

TORONTO-DOMINION BANK, $78.48, Toronto symbol TD, remains a buy for patient, income-seeking investors.

The stock fell 9% this week after the bank agreed to pay a fine of $3.09 billion U.S. due to lapses in its anti-money laundering processes at its U.S....

MOLSON COORS CANADA INC. is a hold. The company (Toronto symbols TPX.A $67 and TPX.B $74; Conservative Growth and Income Portfolios, Consumer sector; Shares outstanding: 215.7 million; Market cap: $15.4 billion; Price-to-sales ratio: 1.0; Dividend yield: 3.0%; TSINetwork Rating: Average; www.molsoncoors.com) is the world’s fifth-largest beer brewer....

These two firms, which provide a variety of specialized real estate services, are hitting new all-time highs. That’s partly due to acquisitions that expand their market share and attract new clients. We feel both can move even higher as falling interest rates spur construction and renovation activity.


FIRSTSERVICE CORP....

TC Energy has now completed the spinoff of its oil pipeline business as South Bow. Investors received 0.2 of a South Bow share for every TC share they held. They will not be liable for capital gains taxes until they sell their new shares.


The split will let TC Energy better focus on its natural gas pipelines and power plants....

Note the following analysis was published just before announcement of TD’s settlement with U.S. banking regulators. Please see here for our update on the stock following that news....

These high-yielding utility stocks continue to move up, as falling interest rates make them more attractive to income-seeking investors. Lower interest rates will also make it easier for them to fund their new projects and acquisitions. That ultimately makes room for more dividend increases.


FORTIS INC....

Collectively, U.S. banks and insurance companies have performed well over the past year, beating the S&P 500 by a comfortable margin. Canadian financials also produced a strong performance. Still, banks generally have high debt, which occasionally can cause significant share price drops....

Prominent investor Warren Buffett once remarked that “Common yardsticks such as dividend yield, the ratio of price to earnings or to book value, and even growth rates have nothing to do with valuation except to the extent they provide clues to the amount and timing of cash flows into and from the business.”


Stock analysis that examines a company’s free cash flow can cut through the unpredictability of how the business chooses to report its earnings....

This month we focus on high-income, leveraged single-stock ETFs; one was launched by Harvest and another, focused on physical gold bullion, was launched by BMO.


HARVEST ELI LILLY ENHANCED HIGH-INCOME SHARES $12.04 (Toronto symbol LLHE) invests in the shares of Eli Lilly & Co....