Power makes some moves

POWER CORP., $36.14, is a buy. The conglomerate (Toronto symbol POW; Shares o/s: 612.3 million; Market cap: $24.2 billion; TSINetwork Rating: Above Average; Dividend yield: 5.5%) owns controlling stakes in Great-West Lifeco, IGM Financial and robo-advisor Wealthsimple. It also owns 14.9% of Belgian holding company Groupe Bruxelles Lambert.
Power… Read More

Three top picks to power your 2023

For 2023, we have singled out three growth stocks that we think offer you exceptional prospects in the year ahead. What’s more, each of the three is a market leader, which cuts your risk if the economic outlook weakens.
INTACT FINANCIAL, $198.96, is a #1 Power Buy for 2023. The… Read More

Buy quality assets at a discount

POWER CORP. $34 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 668.1 million; Market cap: $22.7 billion; Dividend yield: 5.8%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) is a holding company with a diversified list of businesses. Its primary investments are controlling… Read More

Two ways to profit from the same assets

Canadian Utilities and its parent company ATCO hold essentially the same pool of assets. Investors looking for yield should opt for the subsidiary, while value seekers should buy the parent for its holding company discount.
CANADIAN UTILITIES LTD. (class A non-voting) is a buy. The company (Toronto symbols… Read More

Spinoffs & Takeovers Hotline – Friday, October 28, 2022

CUMMINS INC., $244.78, symbol CMI on New York, designs, manufactures, distributes and services diesel, natural gas, electric, hybrid powertrains, and powertrain-related components, including control & fuel systems, automated transmissions, batteries, electrified power systems, hydrogen production, and fuel cell systems.

Cummins serves customers in 190 countries through… Read More

Intact Financial still has room to move higher

When choosing stocks for the Finance sector of their portfolio, most investors gravitate toward banks. However, there are many high quality, non-bank financial stocks that you should also consider. For instance, we think Intact Financial offers investors a particularly unique combination of value and growth.

For… Read More

Massive revenue boost and high demand make Intact Financial Corp. a buy

Massive revenue boost and high demand make Intact Financial Corp. a buy

Improved sales from a recent acquisition fuelled a 41.3% revenue increase for this company during the most-recent quarter.

High demand for insurance also means the company can write more profitable policies despite recent higher catastrophe-related losses.

The stock trades at 16.4 times the company’s 2022 earnings forecast.

True Blue Chips pay off

Learn everything you need to know in 'The Best Blue Chips for Canadian Investors' for FREE from The Successful Investor.

Canadian Blue Chip Stocks: Bank of Nova Scotia Stock, CP Rail Stock, CAE Inc. Stock and more.

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INTACT… Read More