investment

LEON’S FURNITURE LTD. $23 is a buy for aggressive investors. The retailer (Toronto symbol LNF; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 67.9 million; Market cap: $1.6 billion; Price-to-sales ratio: 0.5; Dividend yield: 2.8%; TSINetwork Rating: Average; www.leons.ca) began operating in 1909....
Here’s Part One of the most-recent letter I sent to our Portfolio Management clients in February 2023:


“When new business ideas come along, many investors get over-excited. They see the growth potential right away, but it takes them longer to spot the negatives....
KIMBERLY CLARK CORP., $145.18, symbol KMB on New York, is a leading maker of personal-care and tissue products. Its brands include Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Neve, Plenitud, Viva and WypAll.

The consumer goods giant has been in business for 151 years and its wide range of family, baby, and feminine care brands are sold in over 175 countries....
BROADRIDGE FINANCIAL SOLUTIONS INC., $152.87, is a buy. The company, symbol BR on New York, serves the investment industry in three main areas: investor communications, securities processing, and transaction clearing.

Broadridge is best known for processing and distributing proxies and regulatory filings for nearly every publicly traded U.S....
This week’s Spotlight analysis of Alimentation Couche-Tard shows that the potentially risky tactic of growth-by-acquisition can pay off nicely when a well-managed company applies that strategy conservatively in a fragmented industry with low-risk takeover opportunities.

We first recommended Alimentation Couche-Tard in December 2008, at $15.50 a share....
CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST, $14.64, is a top pick for 2023.

Choice is Canada’s biggest REIT, with 703 retail, industrial and residential properties totalling 64.2 million square feet of gross leasable area. Its occupancy rate is a high 97.7%....

You Can See Our High-Growth Dividend Payer Portfolio for May 2023 here.


You can’t fake a record of dividends....
INTACT FINANCIAL CORP. $204 is a buy. The company (Toronto symbol IFC; High-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 175.3 million; Market cap: $35.8 billion; Dividend yield: 2.2%; Dividend Sustainability Rating: Above Average; www.intactfc.com) is Canada’s largest property and casualty insurance provider.


Starting with the March 2023 payment, the company raised your quarterly dividend by 10.0%....
PRIMARIS REAL ESTATE INVESTMENT TRUST $13 is a buy. The REIT (Toronto symbol PMZ.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 98.9 million; Market cap: $1.3 billion; Distribution yield: 6.3%; Dividend Sustainability Rating: Average; www.primarisreit.com) owns 35 enclosed shopping malls in Canada....

You Can See Our Aggressive Growth Portfolio For May 2023 here.


We designed our TSINetwork Ratings to give you an idea of the investment quality and risk in s...