dividends paid

ACI WORLDWIDE $18.82 (Nasdaq symbol ACIW; TSINetwork Rating: Extra Risk) (402-390-7600; www.aciworldwide.com; Shares outstanding: 117.3 million; Market cap: $2.2 billion; No dividends paid) makes software for processing transactions by credit cards, debit cards, automated teller machines, pointof-sale terminals and interbank systems....

MITEL NETWORKS $9.43 (Toronto symbol MNW; TSINetwork Rating: Extra Risk) (613592-2122; www.mitel.ca; Shares outstanding: 121.9 million; Market cap: $1.2 billion; No dividends paid) will sell its Mitel Mobile to U.S. digital communications company Xura, Inc., for $350 million U.S....

Dear client:


Here are our #1 stocks for 2017 – one from each of our three TSI Portfolios (Conservative, Aggressive and Income).


All three stocks have moved up recently, but still offer a particularly strong combination of long-term growth at a reasonable price....

BLACKBERRY LTD. $9.49 (Toronto symbol BB; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 530.4 million; Market cap: $5.0 billion; Price-to-sales ratio: 3.4; No dividends paid; TSINetwork Rating: Speculative; www.blackberry.com) provides secure wireless communication services and equipment.


The company recently quit developing new smartphones as part of a strategy to focus on its more-promising software operations.


Under that new plan, BlackBerry has opened a facility in Ottawa to develop new technologies for self-driving cars using its QNX software system....

PENGROWTH ENERGY $1.95 (Toronto symbol PGF; Shares outstanding: 547.4 million; Market cap: $1.1 billion; TSINetwork Rating: Speculative; No dividends paid; www.pengrowth.com) produces oil and natural gas, mostly in Western Canada. This includes its Lindbergh oil sands project in the Cold Lake area of Alberta.


In the three months ended September 30, 2016, the company’s average output was 55,137 barrels of oil equivalent per day (61% oil and 39% gas)....

TENNANT CO. $72 (New York symbol TNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 17.6 million; Market cap: $1.3 billion; Priceto-sales ratio: 1.6; Dividend yield: 1.2%; TSINetwork Rating: Average; www.tennantco.com) makes industrial floorcleaning equipment, including scrubbers, sweepers and polishers....

These two tech firms continue to dominate their main markets. However, we feel their shares will make only limited progress over the next few months.


APPLE INC. $117 (Nasdaq symbol AAPL; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 5.3 billion; Market cap: $620.1 billion; Price-to-sales ratio: 2.9; Dividend yield: 1.9%; TSINetwork Rating: Average; www.apple.com) gets about 60% of its revenue from its iPhone smartphone....

CHESAPEAKE ENERGY $7.08 (New York symbol CHK; TSINetwork Rating: Speculative) (405-848-8000; www.chk.com; Shares outstanding: 887.4 million; Market cap: $6.5 billion; No dividends paid) continues sell non-core assets to focus on its low-risk, highreturn properties....

CAMECO CORP. $13.39 (Toronto symbol CCO; TSINetwork Rating: Extra Risk) (306-956-6200; www.cameco. com; Shares outstanding: 395.8 million; Market cap: $5.4 billion; Dividend yield 3.0%) is the world’s biggest uranium producer. It has large, high-grade reserves spread across several mining sites; it also has low-cost operations and significant market share.


Uranium prices are at their lowest levels in over a decade....

SIERRA WIRELESS $21.56 (Toronto symbol SW; TSINetwork Rating: Extra Risk) (604-231-1100; www.sierrawireless.com; Shares outstanding: 32.1 million; Market cap: $689.1 million; No dividends paid) makes digital components that connect products, including smart electricity meters and vehicles, to the Internet....