holding company
Canadian Utilities’ high-quality assets provide it with plenty of cash flow for shareholder dividends. That cash flow also helps explain why we have recommended the stock as a top pick for income seekers since 1995.
We also like its parent company, ATCO....
What is Pat’s commentary for the week of August 7, 2019
What is Pat’s commentary for the week of July 30, 2019
POWER CORP. $28.77 (Toronto symbol POW; Shares o/s: 414.4 million; Market cap: $12.3 billion; TSINetwork Rating: Above Average; Dividend yield: 5.6%; www.powercorporation.com) is a holding company with a diversified list of businesses. It holds its financial assets through its 65.6%-owned Power Financial.
Power Financial’s assets include a 67.6% interest in insurer Great-West Lifeco and 61.5% of mutual-fund provider IGM Financial....
Power Financial’s assets include a 67.6% interest in insurer Great-West Lifeco and 61.5% of mutual-fund provider IGM Financial....
The top AI stocks will profitably bring the new technology into the world. But the benefits will mostly accrue to well-established businesses, not start-ups
NASPERS LTD. (ADR) $51 (U.S. over-the-counter bulletin board symbol NPSNY; Shares outstanding: 2.1 billion; Market cap: $107.1 billion; Dividend yield: 0.2%; Takeover Target Rating: Lowest; www.naspers.com) is a South African media and Internet firm....
A: Brookfield Infrastructure Partners LP, $55.27, symbol BIP.UN on Toronto (Units outstanding: 267.6 million; Market cap: $21.8 billion; www.brookfieldinfrastructure.com), owns and operates utilities, transport and energy assets in North and South America, the Asia Pacific region and Europe....
A recent letter from a member asked a question that touched on a number of topics of wide current interest.
Q: Hi, Pat: I enjoy your newsletters and appreciate the research that you do. I use your recommendations when choosing holdings for my portfolio. I’m 74 years old and still farming but cutting back significantly....
Q: Hi, Pat: I enjoy your newsletters and appreciate the research that you do. I use your recommendations when choosing holdings for my portfolio. I’m 74 years old and still farming but cutting back significantly....
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....
If you are looking for good assets to invest in, keep in mind that stocks with holding company discounts and hidden assets in retail brands or real estate can lead to unlocked value