canadian

Starting 2018, Thomson Reuters has worked to wind down its financial information business and use the proceeds to reward investors. Thanks to that strategy, its stock has soared 200% in the past five years. We feel Thomson can still go higher as it shifts its focus to niche areas where it has a competitive advantage like legal databases.


THOMSON REUTERS CORP....

The Bank of Canada has now increased its benchmark interest rate by another 25 basis points—to 5.0%—in response to still-high inflation.


Generally, higher interest rates diminish the appeal of dividend-paying utility stocks, as investors shift to better-yielding bonds....

Loblaw and Canada’s other big supermarket operators have come under pressure for generating strong profits in the wake of the pandemic. The earnings growth in part reflects higher food prices at its stores as the company passes along its own higher costs.


Still, Loblaw’s success at finding new ways to lower its cost, such as installing more self-serve checkouts, has also fuelled its profit gains....

BMO recently added eight new ETFs to their already extensive Canadian lineup. Here’s a look at two of the new BMO ETFs now available to Canadian investors.


BMO GLOBAL HEALTH CARE ETF $15.58 (NEO Exchange symbol BGHC) invests globally in publicly traded health care businesses....

Commodities can help diversify portfolios, but are cyclical and come with high levels of price volatility.


However, well-diversified ETFs that offer exposure to commodity producers can help investors overcome the problems associated with direct investments in physical commodities, or funds that track a single commodity.


Below, we look at three ETFs providing exposure to commodity producers....

LUNDIN MINING CORPORATION, $11.63, symbol LUN on Toronto, is a Toronto-based producer of copper, zinc, gold, and nickel. It has operations and projects in Argentina, Brazil, Chile, Portugal, Sweden and the U.S.

On July 13, 2023, Lundin Mining announced it had acquired 51% of SCM Minera Lumina Copper Chile....

ELECTRONIC ARTS INC., $122.59 (symbol EA on Nasdaq), is a buy for aggressive investors. The company is a developer of video games for play on consoles, PCs, and mobile devices. Its hugely popular game franchises include Madden NFL, The Sims, Need for Speed, Battlefield, and Apex Legends.

In the quarter ended June 30, 2023, Electronic Arts’ revenues increased 8.9%, to $1.92 billion from $1.77 billion a year earlier....

BCE INC., $56.28, Toronto symbol BCE, is a buy.

The company is Canada’s largest traditional telephone service provider. It has 2.10 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. It also has 4.34 million high-speed Internet users and 2.72 million TV subscribers (satellite and fibre-optic)....

Loblaw and TC Energy are leading competitors in their respective markets. We see both stocks as buy.


LOBLAW COMPANIES, $116.73, is a buy. The retailer (Toronto symbol L; Shares outstanding: 316.9 million; Market cap: $36.8 billion; TSINetwork Rating: Above Average; Dividend yield: 1.5%; www.loblaw.ca) operates 1,104 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills....

Most precious-metal stocks dropped, along with the market, in March 2020. They then quickly reversed that trend to soar for investors, in part because of gold’s appeal as a “safe harbour” in times of economic uncertainty. In fact, in August 2020, gold jumped to over $2,000 U.S....