canadian

TORONTO-DOMINION BANK, $81.01, Toronto symbol TD, is a buy.

The bank is now raising your quarterly dividend by 6.3%. Starting with the January 2024 payment, investors will receive $1.02 a share instead of $0.96. The new annual rate of $4.08 yields a solid 5.0%.

TD continues to benefit from rising interest rates, which is letting it earn higher interest income on its loans....
SYMBOTIC INC., $50.33, symbol SYM on Nasdaq, manufactures AI-powered autonomous robots, which major companies use in their warehouse fulfillment and distribution processes to save time and money. Customers using the Symbotic platform include Walmart, Target, and C&S Grocery Wholesalers.

Symbotic went public in June 2022 through a merger with SVF Investment Corp....
TELUS CORP., $25.06, Toronto symbol T, is your #1 Income Buy for 2023.

The company had 12.87 million wireless subscribers as of September 30, 2023. It also sells landline phone, Internet and TV services in B.C., Alberta and eastern Quebec.

Telus recently acquired additional wireless spectrum (or radio frequencies) from the federal government....
Here’s a look at some of the factors that make the three ETFs we see as buys on pages 3 and 4 attractive—and why we don’t like the fourth.


Healthy profits in healthcare equipment


With the onset of the COVID-19 pandemic, healthcare equipment providers were hurt as hospitals prioritized emergency care over non-critical procedures....
Higher interest rates in Canada, the U.S. and many other parts of the world have made high-yielding securities, including real estate investment trusts (REITs), much less appealing compared to bonds for income-seeking investors. In fact, over the past two years or so, ETFs focused on U.S....

BMO Asset Management recently added seven ETFs to their already extensive lineup. Here’s a look at two of these funds—one takes long and short positions in Canadian equities and a second aims to participate in U.S. stock gains while also providing some downside protection.


BMO LONG SHORT CANADIAN EQUITY ETF $30.86 (Toronto symbol ZLSC) aims to provide income and capital appreciation by taking both long (stocks expected to go up) and short (stocks expected to drop) positions in Canadian companies....
BETAPRO EQUAL WEIGHT CANADIAN REIT 2X DAILY BULL ETF $13.24 (Toronto symbol HREU) aims to use a combination of derivatives and debt to offer daily returns that correspond to twice the daily gains of the Solactive Equal Weight Canada REIT Index....
In early 2022, most real estate stocks and REITs were well on their way to recovering their pre-COVID highs. That was before investor worries about rising interest rates and a potential economic downturn set them back.


Nonetheless, for most real-estate classes (except for offices), occupancies are now mostly in line with pre-pandemic levels, and rents are rising....
ATCO LTD. (class I non-voting) is a buy. The company (Toronto symbols ACO.X [class I non-voting] $38 and ACO.Y [class II voting] $38; Income Portfolio, Utilities sector; Shares outstanding: 113.4 million; Market cap: $4.3 billion; Price-to sales ratio: 0.9; Dividend yield: 5.0%; TSINetwork Rating: Above Average; www.atco.com) gets 80% of its revenue from its stake in Canadian Utilities Ltd....
These four food and beverage makers face several obstacles to earnings growth, including rising costs for ingredients and labour and higher interest expenses. As a result, they have raised their selling prices to offset those higher input costs. They are also adding new products in response to changing consumer tastes.


We like the long-term prospects of all four, but see only Andrew Peller as a buy for right now.


SAPUTO INC....