Get a 4.0% yield from Royal Bank of Canada

Get a 4.0% yield from Royal Bank of Canada

Canada’s Big Five banks continue to set aside large amounts for loan losses because of COVID-19’s economic impact. 

However, most borrowers continue to pay their loans on time and this bank’s customers should prove to be no exception. A switch to online banking services should also… Read More

Q: Pat, I’m interested in getting your opinion on Westshore Terminals, trading on the TSX. Is the new deal with Teck a plus? Thank you.

A: Westshore Terminals Investment Corp., $16.60, symbol WTE on Toronto (Shares outstanding: 63.4 million; Market cap: $1.1 billion; www.westshore.com), operates a coal storage and loading terminal on land leased from the Vancouver Port Authority at Roberts Bank, B.C.

Westshore ships both metallurgical and thermal coal. Teck… Read More

Three growth investing strategies: Two we like—one we don’t

Three growth investing strategies: Two we like—one we don’t

Growth investing can be beneficial to your portfolio returns—but not every strategy is money in the bank.
To profit from growth stocks, you need to pick stocks with clear growth prospects and not simply momentum stocks with uncertain futures. Chosen wisely, high-quality, growth-oriented stocks can be… Read More

Chevron Corp. yields 5.5%

Chevron Corp. yields 5.5%

Despite COVID-19 and the global economic slowdown, investors should keep some exposure to the oil industry, especially integrated firms like this one. 

This oil producer now plans to diversify its operations and cut its costs with an acquisition worth $5.5 billion. If approved, that deal should… Read More

Get a 6.6% yield from IGM Financial Inc.

Get a 6.6% yield from IGM Financial Inc.

Improving stock markets helped this mutual fund provider boost its assets under management by 7.1% in the most recent quarter.  

The company’s investors are also seeing its 36% stake in a fintech company grow in value. 

IGM FINANCIAL INC. (Toronto symbol IGM; www.igmfinancial.com) lets you tap Canada’s… Read More