canadian

This is the fifth year in a row that we’ve selected CP Rail–now Canadian Pacific Kansas City Ltd.—as your #1 Conservative Buy. In fact, over that time, the stock has gained close to 130% compared to just 28% for the S&P/TSX Composite Index.


CP recently completed its purchase of U.S.-based railway Kansas City Southern....

TORONTO-DOMINION BANK, $83.80, Toronto symbol TD, remains a buy.

Due to delays securing the necessary regulatory approvals, TD has cancelled its deal to acquire First Horizon Corporation (New York symbol FHN) for $13.4 billion U.S. The purchase would have made TD’s banking operations the sixth largest in the U.S.

As a result, the bank will pay $225 million U.S....

CANADIAN PACIFIC KANSAS CITY LTD. $107.44 (Toronto symbol CP; shares o/s: 931.1 million; Market cap: $99.1 billion; Rating: Above Average; Dividend yield: 0.7%) took its current form on April 14, 2023, when Canadian Pacific Railway Ltd....

Both Loblaw and Metro successfully weathered the pandemic. In fact, the shares of both are now trading near all-time highs for our subscribers! Meanwhile, many of their customers who opted for home delivery (or in-store pickup) during pandemic lockdowns are sticking with that value-added service....

A: Kellogg Company, $70.74, symbol K on New York, (Shares outstanding: 341.8 million; Market cap: $24.2 billion; Consumer sector; TSINetwork Rating: Above Average; www.kelloggs.com), is a major maker of food products in North America and the rest of the world.

The company’s principal products are snacks such as crackers, savory snacks, toaster pastries, cereal bars, granola bars and bites; and convenience foods such as ready-to-eat cereals, frozen waffles, veggie foods and noodles.

These products are manufactured in 21 countries and marketed in more than 180 countries....

This week’s Spotlight analysis of Alimentation Couche-Tard shows that the potentially risky tactic of growth-by-acquisition can pay off nicely when a well-managed company applies that strategy conservatively in a fragmented industry with low-risk takeover opportunities.

We first recommended Alimentation Couche-Tard in December 2008, at $15.50 a share....

TECK RESOURCES LTD., $63.11, Toronto symbol TECK.B, remains a buy for investors seeking long-term gains from the Resources sector of their portfolio.

The company has cancelled its plan to spin off its metallurgical coal (a key ingredient in steelmaking) operations as a separate firm.

That’s due to difficulty securing the required two-thirds approval of the class B shareholders (1 vote per share), particularly as Switzerland-based mining firm Glencore plc (Over-the-counter Pink Sheets symbol GLCNF) has offered to acquire the company for about $23 billion U.S....

These two Consumer sector leaders continue to do a good job coping with rising operating costs. However, Loblaw is in a better position than Molson Coors to pass along those higher costs to customers.


LOBLAW COMPANIES LTD. $128 is a buy. The company (Toronto symbol L; Conservative-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 322.8 million; Market cap: $41.3 billion; Dividend yield: 1.3%; Dividend Sustainability Rating: Highest; www.loblaw.ca) operates 1,098 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills....

Canadian Utilities and its parent company ATCO remain great ways for investors to earn reliable dividends. Investors looking for yield should opt for the subsidiary, while value seekers should buy the parent for its holding company discount.


CANADIAN UTILITIES LTD....

These two beverage makers continue to raise their selling prices to offset higher ingredient and other costs. So far, their sales volumes have held up thanks to their strong brands. However, more price hikes could prompt consumers to switch to cheaper products.


PEPSICO INC....