CP
LOBLAW COMPANIES LTD. $65 (www.loblaw.ca) has launched its new “no name” beer in Ontario. The company will sell a six pack for $10.45. However, it plans to cut the price to just $6.60 (including $0.60 bottle deposit) on long weekends....
The best way to cut your risk when investing in oil and gas stocks is to focus on companies with long-lasting reserves. We also look for producers with low operating costs. That helps them stay profitable when oil prices decline.
We analyze three companies below: Encana and Cenovus offer strong long-term prospects; and while Pengrowth’s focus on its new oil sands project is a plus, its high debt load is a major risk factor.
ENCANA CORP....
We analyze three companies below: Encana and Cenovus offer strong long-term prospects; and while Pengrowth’s focus on its new oil sands project is a plus, its high debt load is a major risk factor.
ENCANA CORP....
CP reported record revenues in the latest quarter as it transported record volumes of all commodities. Those gains include a 38.9% jump in the number of carloads of crude oil—to 25,000 from 18,000 a year earlier. Oil volumes could, in fact, rise to over 40,000 carloads per quarter later this year....
Once again, we highlight three #1 stocks for 2019, with one for each of our portfolios—Conservative, Aggressive and Income.
All three offer a strong combination of long-term growth at a reasonable price. That should help them rise above the current stock market uncertainty to thrive this year and beyond.
CANADIAN PACIFIC RAILWAY LTD....
All three offer a strong combination of long-term growth at a reasonable price. That should help them rise above the current stock market uncertainty to thrive this year and beyond.
CANADIAN PACIFIC RAILWAY LTD....
The Bank of Canada increased its benchmark interest rate in October 2018 from 1.50% to 1.75%. That rate could rise further in 2019 depending on economic growth and the level of unemployment.
We continue to caution against investing in bonds. Today’s still-low interest rates make them unattractive, and rising interest rates will push down their future value....
We continue to caution against investing in bonds. Today’s still-low interest rates make them unattractive, and rising interest rates will push down their future value....
CANADIAN NATIONAL RAILWAY CO. $106 (Toronto symbol CNR; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 728.3 million; Market cap: $77.2 billion; Price-to-sales ratio: 5.6; Dividend yield: 1.7%; TSINetwork Rating: Above Average; www.cn.ca) recently signed a three-year contract to ship 50,000 to 60,000 barrels of Cenvous’s crude oil by rail each day.
The company also stands to benefit from the Alberta government’s plan to acquire locomotives and rail cars to transport 120,000 barrels a day....
The company also stands to benefit from the Alberta government’s plan to acquire locomotives and rail cars to transport 120,000 barrels a day....
CP reported record revenue in the latest quarter, with increases across all of its businesses. Despite rising fuel prices, profits also hit a new high, with overall costs dropping to record lows. That performance bodes well for the company as demand for rail shipments moves up in the expanding economy....
LOBLAW COMPANIES $64.70 (Toronto symbol L; Shares outstanding: 374.8 million; Market cap: $24.3 billion; TSINetwork Rating: Above Average; Dividend yield: 1.8%; www.loblaw.ca) operates 1,083 supermarkets across Canada. It also owns the Shoppers Drug Mart chain of 1,335 drugstores.
Health Canada has now awarded Shoppers Drug Mart a licence to produce medical cannabis....
Health Canada has now awarded Shoppers Drug Mart a licence to produce medical cannabis....
CENOVUS ENERGY $13.42 (Toronto symbol CVE; Shares outstanding: 1.2 billion; Market cap: $16.5 billion; TSINetwork Rating: Average; Dividend yield: 1.5%; www.cenovus.com) has signed three-year deals with CN Rail (symbol CNR on Toronto) and CP Rail (symbol CP on Toronto) to transport 100,000 barrels per day of crude from Northern Alberta to the U.S....
The Bank of Canada increased its benchmark interest rate in July 2018 from 1.25% to 1.50%. That rate could rise further later this year on stronger economic growth and low unemployment. Inflation has also moved up steadily, sitting at 3.0% in July 2018.
We continue to caution against investing in bonds....
We continue to caution against investing in bonds....