Profit from the fintech revolution

The growing use of technology in financial services has produced a high-growth industry—fintech. The companies involved provide a wide range of services, including digital payment systems, data analytics, process automation and investment management.
Here are two ETFs that aim to benefit from fintech. (See the supplement… Read More

Strong U.S. economy will spur them higher

These three U.S. lenders continue to benefit as the improving American economy lifts demand for new loans at higher interest rates. As well, more borrowers are repaying their loans on time. What’s more, all three continue to trade at low multiples to their projected earnings.
J.P…. Read More

Activist targets: 2 buys & 1 sell

OWENS-ILLINOIS INC. $19 (New York symbol OI; Shares outstanding: 159.3 million; Market cap: $3.0 billion; No dividend paid; Takeover Target Rating: Medium; www.o-i.com) is the world’s largest manufacturer of glass bottles. Based in Ohio, it has 78 plants in 23 countries, including the U.S. and Canada.
New York-based hedge… Read More

Q: Pat, may I have your thoughts on WPT Industrial REIT and Dream Industrial REIT? I was a shareholder of Pure Industrial REIT with great success until it was bought out. These warehouse REITs appear to be a great way to gain exposure to the online shopping phenomenon.

A: WPT Industrial REIT, $12.78, symbol WIR.U on Toronto (Units outstanding: 44.5 million; Market cap: $568.7 million; www.wptreit.com), is a Canadian REIT that owns and manages industrial properties in the U.S.

Right now, WPT has 54 properties in 15 states. In all, they include 18.1 million… Read More