Buy Carfinco, hold on to Intact Financial

INTACT FINANCIAL CORP. $68.29 (Toronto symbol IFC; TSINetwork Rating: Speculative) (416-341- 1464; www.intactfc.com; Shares outstanding: 131.5 million; Market cap: $9.0 billion; Dividend yield: 2.6%) is Canada’s largest provider of property and casualty insurance, based on premiums. Its brands include Intact Insurance, Canada BrokerLink, belairdirect and… Read More

CARFINCO FINANCIAL GROUP $12.07 – Toronto symbol CFN

CARFINCO FINANCIAL GROUP $12.07 (Toronto symbol CFN; TSINetwork Rating: Speculative) (1-888- 486-4356; www.carfinco.com; Shares outstanding: 26.5 million; Market cap: $321.6 million; Dividend yield: 4.0%) provides car loans to consumers who can’t meet the criteria of traditional lenders, like banks.

In September 2013, Carfinco expanded into the… Read More

Updating CARFINCO FINANCIAL GROUP, GOODYEAR TIRE & RUBBER CO. and TIM HORTONS

CARFINCO FINANCIAL GROUP $10.10 (Toronto symbol CFN; TSINetwork Rating: Speculative) (1-888- 486-4356; www.carfinco.com; Shares outstanding: 26.4 million; Market cap: $266.6 million; Dividend yield: 4.8%) has now expanded into the U.S. through its $9.5-million purchase of Persian Acceptance Corp., an automotive lender that also caters to… Read More

Stock Pickers Digest Hotline – Friday, September 6, 2013

CARFINCO FINANCIAL GROUP INC., $10.20, symbol CFN on Toronto, provides car loans to consumers who don’t meet the criteria of traditional lenders, like banks.

Carfinco has now expanded into the U.S. through its $9.5-million purchase of Persian Acceptance Corp., an automotive lender that also caters to… Read More

CARFINCO FINANCIAL GROUP $10.10 – Toronto symbol CFN

CARFINCO FINANCIAL GROUP $10.10 (Toronto symbol CFN; TSINetwork Rating: Speculative) (1-888- 486-4356; www.carfinco.com; Shares outstanding: 26.4 million; Market cap: $266.6 million; Dividend yield: 4.8%) has now expanded into the U.S. through its $9.5-million purchase of Persian Acceptance Corp., an automotive lender that also caters to… Read More

Carfinco is still a bargain

CARFINCO FINANCIAL GROUP $9.45 (Toronto symbol CFN; TSINetwork Rating: Speculative) (1-888-486-4356; www.carfinco.com; Shares outstanding: 26.4 million; Market cap: $250.2 million; Dividend yield: 5.1%) provides car loans to consumers who don’t meet the criteria of traditional lenders, like banks. In the three months ended June 30,… Read More

Stock Pickers Digest Hotline – Friday, August 9, 2013

BELLATRIX EXPLORATION, $7.16, symbol BXE on Toronto, continues to enter into joint ventures to speed up the development of its Cardium shale oil deposits in west-central Alberta.

Under the latest agreement, Bellatrix will sell a 50% interest in its producing wells in the Ferrier and Willesden… Read More

CARFINCO FINANCIAL GROUP $9.45 – Toronto symbol CFN

CARFINCO FINANCIAL GROUP $9.45 (Toronto symbol CFN; TSINetwork Rating: Speculative) (1-888-486-4356; www.carfinco.com; Shares outstanding: 26.4 million; Market cap: $250.2 million; Dividend yield: 5.1%) provides car loans to consumers who don’t meet the criteria of traditional lenders, like banks.

In the three months ended June 30, 2013,… Read More

Strong quarter for Carfinco

CARFINCO FINANCIAL GROUP $8.42 (Toronto symbol CFN; TSINetwork Rating: Speculative) (1-888-486-4356; www.carfinco.com; Shares outstanding: 26.4 million; Market cap: $226.9 million; Dividend yield: 5.7%) provides car loans to consumers who don’t meet the criteria of traditional lenders, like banks. In the three months ended March 31,… Read More

Stock Pickers Digest Hotline – Friday, May 10, 2013

Please note: The next Stock Pickers Digest newsletter issue will be sent out on Friday, May 24, 2013.

WESTJET AIRLINES LTD., $21.85, symbol WJA on Toronto, fell almost 13% this week, even though it reported record earnings in the latest quarter.

WestJet reports that its earnings jumped… Read More