investment

PRIMARIS REAL ESTATE INVESTMENT TRUST $13 is a buy. The REIT (Toronto symbol PMZ.UN; Manufacturing sector; Units outstanding: 96.9 million; Market cap: $1.3 billion; Distribution yield: 6.3%; Takeover Target Rating: Medium; www.primarisreit.com) owns 35 enclosed and open-air shopping malls in Canada....

A key benefit for spinoffs is that the resulting companies often become attractive takeover targets for larger firms. That’s what happened to media firm Gannett, which split its newspaper and TV broadcasting operations in 2015. While one of those recent takeover deals has been cancelled, we still see both of these firms as worthwhile holds.


TEGNA INC....

The outlook for CAE—a leading provider of flight simulators and pilot-training—is bright.

The company now has roughly 70% of the global flight simulator market and is well-positioned to remain the top global choice for commercial pilot training. At the same time, the airline industry continues to see robust demand with the lifting of pandemic restrictions.

Aside from the bright prospects for its core business, CAE should see demand for its military training operations rise steadily—if not accelerate as the war in Ukraine continues....

The best TSX ETF is a low-cost, tax-efficient way to hold stocks. Investors get a traditional mutual fund’s exposure but with nominal fees.

KEYERA CORP., $31.10, symbol KEY on Toronto, engages in the gathering and processing of natural gas; and transportation, storage, and marketing of natural gas liquids (NGLs) in Canada and the U.S.

The company operates in the oil and gas industry between the upstream segment, which includes oil and gas exploration and production businesses, and the downstream segment, which includes the refining, distribution and retail marketing of finished products.

Keyera is organized into three operating segments:

1. Gathering and Processing. Keyera owns and operates raw gas gathering pipelines and processing plants, which collect and process raw natural gas, remove waste products and separate the economic components—primarily NGLs—before the sales gas is injected into pipeline systems for transportation to end-use markets....

TECK RESOURCES LTD., $56.72, Toronto symbol TECK.B, remains a buy for investors seeking long-term gains from the Resources sector of their portfolio.

The company is a leading producer of metallurgical coal, a key ingredient in steelmaking. It also produces copper and zinc.

Teck confirmed this week that it has received several takeover offers for its coal operations.

The company recently cancelled a controversial plan to spin off its coal business yet continue to receive revenue from that business....

You Can See Our Exchange-Traded Funds Portfolio for July 2023 Here.

ETFs in brief


Exchange-traded funds are set up to mirror the performance of a stock-market index or sub-index....

This month we highlight a new ETF from Roundhill Financial that invests in companies at the forefront of developing artificial intelligence (AI) products and services. We also look at an enhanced dividend fund from TD Bank.


Roundhill Financial launched the GENERATIVE AI ETF $27.72 (New York symbol CHAT) on May 18, 2023....

Some investors overlook the Netherlands given its small size and small population. Still, other investors recognize it as one of the world’s top 20 economies and among the world’s top 10 exporters.


The Dutch economy recovered well from the COVID-19 pandemic....

When asked to pick stocks to beat the market, the popular ChatGPT online chatbot/search engine replied that it was unable to do so—and the AI program noted that the stock market is unpredictable and that investors should consult an investment professional.


Still, fund managers have for a long time tried to use quantitative, computer-driven models to select stocks and manage investment portfolios....