canadian

BCE offers a strong 7.9% yield even as it trims capital spending to improve cash flow
CALIAN GROUP LTD., $59.61, is a buy. The stock (symbol CGY on Toronto) lets investors tap the Ottawa-based company’s four main operating segments:

Advanced Technologies offers products and engineering services for the space, communications, nuclear, agriculture, defence and government segments....
BCE INC., $50.83, Toronto symbol BCE, is still a buy.

The company is Canada’s largest traditional telephone service provider. It has 2.02 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. It also has 4.47 million high-speed Internet users and 2.73 million TV subscribers (satellite and fibre-optic)....
CANADIAN TIRE CORP., $140.01, Toronto symbol CTC.A, is a buy.

Investors benefit from the company’s 502 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations....
Top banking pick Royal Bank of Canada offers a solid 4.3% yield and a cheap valuation with shares trading at just 11.3 times forecast earnings.
INDIGO BOOKS & MUSIC INC. $2.06 is a hold. The company (Toronto symbol IDG; Consumer sector; Shares outstanding: 27.8 million; Market cap: $57.3 million; No dividend paid; Takeover Target Rating: Lowest; www.chapters.indigo.ca) operates 172 bookstores, mainly under the Chapters and Indigo banners.


Indigo’s major shareholders, Gerald W....
Avoid investing in a value trap because even though it may seem like a good deal, it’s likely to get much cheaper
A: The BMO Low Volatility Canadian Equity ETF, $41.48, symbol ZLB on Toronto (Units outstanding: 81.2 million; Market cap: $3.4 billion; www.etfs.bmo.com), provides exposure to a portfolio of Canadian stocks with an overall low beta weighting (more on beta below)....
Allied Properties REIT offers a high 6.9% yield from its Canadian office property portfolio as it continues to report higher revenue following recent acquisitions.
LIVERAMP HOLDINGS INC., $38.85, symbol RAMP on New York helps organizations better use customer data across different channels and devices to improve user experience.

As of September 30, 2023, the company had 895 subscription clients, with 99 of them generating more than $1 million in revenue annually....