Carfinco is the better choice right now

INTACT FINANCIAL CORP. $74.47 (Toronto symbol IFC; TSINetwork Rating: Speculative) (416-341-1464; www.intactfc.com; Shares outstanding: 131.5 million; Market cap: $9.7 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 Grey… Read More

CARFINCO FINANCIAL GROUP $8.38 – Toronto symbol CFN

CARFINCO FINANCIAL GROUP $8.38 (Toronto symbol CFN; TSINetwork Rating: Speculative) (1-888-486-4356; www.carfinco.com; Shares outstanding: 26.5 million; Market cap: $224.2 million; Dividend yield: 5.7%) provides car loans to consumers who don’t meet the criteria of banks and other traditional lenders.

In September 2013, Carfinco expanded into the… Read More

Carfinco breaks a record

CARFINCO FINANCIAL GROUP $9.00 (Toronto symbol CFN; TSINetwork Rating: Speculative) (1-888-486-4356; www.carfinco.com; Shares outstanding: 26.5 million; Market cap: $238.8 million; Dividend yield: 5.3%) provides car loans to consumers who can’t meet the criteria of banks and other traditional lenders.

The company reports that its Canadian operations… Read More

Stock Pickers Digest Hotline – Friday, July 4, 2014

DEVON ENERGY CORP., $79.21, symbol DVN on New York, has agreed to sell some of its properties to Linn Energy LLC (Nasdaq symbol LINE) for $2.3 billion.

The sale includes Devon’s holdings in the Rockies, the onshore Gulf Coast and the Mid-Continent region (which includes Oklahoma,… Read More

CARFINCO FINANCIAL GROUP $9.00 – Toronto symbol CFN

CARFINCO FINANCIAL GROUP $9.00 (Toronto symbol CFN; TSINetwork Rating: Speculative) (1-888-486-4356; www.carfinco.com; Shares outstanding: 26.5 million; Market cap: $238.8 million; Dividend yield: 5.3%) provides car loans to consumers who can’t meet the criteria of banks and other traditional lenders.

The company reports that its Canadian… Read More

Stock Pickers Digest Hotline – Friday, June 6, 2014

ENERFLEX LTD., $18.86, symbol EFX on Toronto, rents and sells equipment and services for natural gas production, including compression and processing plants, refrigeration equipment and power generators.

The stock jumped over 12% this week after Enerflex announced that it will acquire two businesses owned by privately… Read More

Buy Carfinco, hold on to Intact

INTACT FINANCIAL CORP. $69.42 (Toronto symbol IFC; TSINetwork Rating: Speculative) (416-341-1464; www.intactfc.com; Shares outstanding: 131.5 million; Market cap: $9.2 billion; Dividend yield: 2.8%) is Canada’s largest provider of property and casualty insurance, based on premiums. Its brands include Intact Insurance, Canada BrokerLink, belairdirect and Grey… Read More

CARFINCO FINANCIAL GROUP $9.46 – Toronto symbol CFN

CARFINCO FINANCIAL GROUP $9.46 (Toronto symbol CFN; TSINetwork Rating: Speculative) (1-888-486-4356; www.carfinco.com; Shares outstanding: 26.5 million; Market cap: $252.3 million; Dividend yield: 5.1%) provides car loans to consumers who can’t meet the criteria of banks and other traditional lenders.

In September 2013, Carfinco expanded into the… Read More

Stock Pickers Digest Hotline – Friday, March 28, 2014

CARFINCO FINANCIAL GROUP INC., $9.71, symbol CFN on Toronto, provides car loans to consumers who don’t meet the criteria of traditional lenders, like banks.

In September 2013, Carfinco expanded into the U.S. through its $9.5-million purchase of Persian Acceptance Corp., an automotive lender that also caters… Read More

Two Canadian financial companies that profit from more cars on the road

INTACT FINANCIAL CORP. (Toronto symbol IFC; www.intactfc.com) is Canada’s largest provider of property and casualty insurance, based on premiums. Its brands include Intact Insurance, Canada BrokerLink, belairdirect and Grey Power.

In the three months ended September 30, 2013, Intact’s revenue rose 5.7%, to $1.9 billion from… Read More