canadian

TORONTO-DOMINION BANK, $77.28, Toronto symbol TD, is still a buy.

The lender recently set aside $615 million (or $450 million U.S.) for fines it expects to pay due to lapses in its anti-money laundering processes at its U.S. retail banking operations....
Here’s the text of the most-recent letter I sent to our Portfolio Management clients in March:

“Guesswork plays a role in a lot of human decision-making, including decisions on investments.

For a while after the October 7 Hamas attack on Israel last year, the stock market reaction didn’t seem to make sense....
ATS CORP., $47.51, is still a buy. The company (symbol ATS on Toronto) provides some of the world’s top manufacturers with factory automation solutions. Founded in 1978, it has over 65 of its own manufacturing facilities and 85 offices in North America, Europe, and Asia.

On May 15, 2024, ATS announced the acquisition of Paxiom Group, a provider of primary, secondary, and end-of-line packaging machines in the food and beverage, cannabis, and pharmaceutical industries....
Navigating conflicts of interest when you hire a Financial Advisor and the importance of client-centric investment strategies
Exploring the interplay of economic factors, demographic trends, and affordability of the U.S. housing market in the post-pandemic era
Mean reversion strategies anticipate the eventual partial reversal of significant market movements.. Keep reading for more.
A long-time Inner Circle member recently wrote, “Hello, Pat. In one of your Inner Circle letters a while back you stated, ‘We think most investors should hold up to 20% of their stock portfolios in Consumer stocks. Manufacturers of consumer staples such as food and beverages would be a sound addition to the Consumer component.’ This prompts me to ask, why 20%?”

A: Spreading your stock investments across the five main economic sectors is one of the main keys to successful investing.

By doing so, you avoid overloading yourself with stocks that are about to slump simply because of industry conditions or changes in investor fashion....
EQUINOX GOLD CORP., $7.18, symbol EQX on Toronto, is a Vancouver-based gold producer with two mines in California, one in Mexico, and four in Brazil.

The company’s eighth mine will be the Greenstone mine in northern Ontario. The mine began commissioning at year-end 2023 and is on track to pour gold in the first half of 2024....
TWILIO INC., $60.10, symbol TWLO on Nasdaq, is a buy. The company offers a key service to software developers who create mobile apps. Specifically, its own software is used to connect apps to essential functions elsewhere on a device, including dealing with phone calls and messaging.

In the quarter ended March 31, 2024, revenue rose 4.0%, to $1.05 billion from $1.01 billion....
TC ENERGY INC., $52.78, Toronto symbol TRP, is a buy.

TC generates steady cash flow for investors mainly through a 93,600-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. Its other operations include 4,900 kilometres of crude oil pipelines and nine power plants.

With the April 2024 payment, TC raised your quarterly dividend by 3.2%....