canadian

CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST, $14.22, is a top pick for 2023.

Choice is Canada’s biggest REIT, with 702 retail, industrial and residential properties totalling 63.9 million square feet of gross leasable area. Its occupancy rate is a high 97.8%....
CANADIAN PACIFIC RAILWAY LTD., $106.14, Toronto symbol CP, is your #1 Conservative Buy for 2023.

The company has received approval from the U.S. Surface Transportation Board for its acquisition of U.S.-based railway Kansas City Southern (KCS).

CP originally completed acquisition in December 2021....

Canada legalized cannabis four years ago. While demand has been steady, stiff competition has cut selling prices significantly. Meanwhile, advertising restrictions and plain packaging rules make it hard to build brands that win customer loyalty. Still, we think some companies have a distinct edge—including their prospects for added sales in the U.S....
These two firms recently settled with activist investors. While that lets them avoid a lengthy proxy war, we feel their shares will remain under pressure as the economy stalls.


FIRST CAPITAL REALTY INC. $16 is a hold. This real estate investment trust (Toronto symbol FCR.UN; Manufacturing sector; Units outstanding: 213.5 million; Market cap: $3.4 billion; Dividend yield: 5.4%; Takeover Target Rating: Medium; www.fcr.ca) owns, develops and operates shopping centres throughout Canada....
Mining firm Teck Resources recently announced that it will spin off its metallurgical coal (used for making steel) operations. It also recently sold its stake in an oil sands project.


These moves are part of its plan to focus on “low carbon metals,” particularly copper and zinc....
What does “hold” mean in stocks? The answer varies, depending on who you ask. You can learn what we mean when we call a stock “okay to hold” here
For 2023, we once again chose CGI Inc. as the #1 Aggressive Stock of the Year for our flagship newsletter, The Successful Investor.

This is the seventh year in a row that we’ve picked CGI—Canada’s largest provider of computer outsourcing services.

Investors who were quick to act on our advice have not been disappointed: the stock is now up over 123% since we first highlighted it as a top pick for 2016....
UTZ BRANDS INC., $16.64, symbol UTZ on New York, is a Pennsylvania-based maker of salty snacks. Its brands include Utz Original potato chips, On the Border Chips & Dips, Zapp’s, Good Health, Boulder Canyon, Tortiyahs, and others.

Founded in 1921, Utz began trading on the New York exchange in June 2020.

Rather than list through an IPO, the company undertook a reverse merger with Collier Creek Holdings....
TORONTO-DOMINION BANK, $83.77, Toronto symbol TD, is a buy.

The lender raised your quarterly dividend with the January 2023 payment by 7.9%. Investors now receive $0.96 a share instead of $0.89. The new annual rate of $3.84 yields a high 4.6%.

In March 2022, TD agreed to acquire U.S....
CAMPBELL SOUP CO., $52.51, New York symbol CPB, is a buy for long-term gains.

Under its new strategic plan, which began in 2018, Campbell sold most of its international and refrigerated-foods businesses. That let it focus on canned soups, pasta and V8 vegetable juices....