Buy quality assets at a discount: Power Corp

POWER CORP. OF CANADA $37 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 652.2 million; Market cap: $24.1 billion; Dividend yield: 6.1%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) has several primary investments, including controlling stakes in Canadian financial services firms Great-West… Read More

Canadian blue chips dominate these two Canadian ETFs

Canadian blue chips dominate these two Canadian ETFs

These two Canadian ETFs track Canada’s best-established indexes and provide low-fee exposure to widely traded blue chip stocks.
When you invest in ETFs, simpler is generally better. And each of these two Canadian ETFs provides a straightforward approach to investing in a selection of Canada’s top… Read More

IGM is still your better pick

Parent company Power Corp. is now simplifying the operations of its two main subsidiaries—Great-West Lifeco and IGM Financial. The plan will benefit investors in both firms, but we still prefer IGM for your new buying.
GREAT-WEST LIFECO INC. $41 is a hold. The insurer (Toronto symbol GWO; Conservative… Read More

Blue chip ETFs focus on Canada

Blue chip ETFs focus on Canada

These two blue chip ETFs hold mostly large-capitalization, widely traded stocks on the Canadian exchange. Both funds mirror, or track, the performance of major stock market indexes as opposed to narrower ones focused on resources or themes, such as solar power or biotech.
Blue chip ETFs… Read More

Good add for Power Corp.

POWER CORP., $38.91, is a buy. The conglomerate (Toronto symbol POW; Shares o/s: 600.8 million; Market cap: $25.5 billion; TSINetwork Rating: Above Average; Dividend yield: 5.4%) owns 61.8% of IGM Financial (symbol IGM on Toronto).
IGM has two main businesses: Mackenzie Financial sells funds and ETFs through independent brokers; and… Read More