Imperial rides the energy rebound

Oil prices have more than doubled over the last year to today’s price of roughly $83 U.S. a barrel. Natural gas prices are also up. Increased industrial activity is driving those gains as the world recovers from the pandemic. Still, energy prices will likely remain… Read More

Three key updates to spur your 2021 success

TORONTO-DOMINION BANK $86 is a buy. The lender (Toronto symbol TD; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.8 billion; Market cap: $154.8 billion; Price-to-sales ratio: 3.6; Dividend yield: 3.7%; TSINetwork Rating: Above Average; www.td.com) is Canada’s second-largest bank by market cap after Royal Bank (see… Read More

Let our updates keep you on track

CENOVUS ENERGY, $12.85, remains a buy for long-term gains. The company (Toronto symbol CVE; Shares outstanding: 2.0 billion; Market cap: $25.3 billion; TSINetwork Rating: Extra Risk; Dividend yield: 0.5%.; www.cenovus.com) completed its acquisition of rival oil producer Husky Energy in January 2021.
The combined firm is… Read More

Our updates keep you on top of your stocks

LOBLAW COMPANIES, $89.11, is a buy. The company (Toronto symbol L; Shares outstanding: 338.2 million; Market cap: $30.1 billion; TSINetwork Rating: Above Average; Dividend yield: 1.6%; www.loblaw.ca) launched a new mobile phone app called PC Health in 2020. Through the app, users can consult with… Read More

Suncor is poised to reward investors

Even though oil demand and prices continue to rebound from last year’s COVID-19-induced lows, Suncor’s shares have suffered. That’s partly due to problems that will delay the ramp-up of its Fort Hills oil sands project in northern Alberta. However, cost savings from Suncor’s takeover of… Read More

Imperial targets ESG

IMPERIAL OIL LTD., $33.21, is a buy. The company (Toronto symbol IMO; Shares o/s: 711.7 million; Market cap: $24.9 billion; TSINetwork Rating: Average; Dividend yield: 3.0%; www.imperialoil.ca) is teaming up with four other oil sands operators in Alberta (Suncor, Cenovus, Canadian Natural Resources and MEG… Read More