investment
Buying stock options will most likely make your broker happy, but your wallet might feel differently
The Finance sector offers investors a wide variety of stocks beyond banks. The best of these, such as the three we recommend below, are leaders in their niche businesses. Their strong market positions help them weather shocks like the COVID-19 pandemic to bounce back even stronger.
AMERICAN EXPRESS CO....
AMERICAN EXPRESS CO....
Canadian finance regulators have instructed banks and other big financial institutions to freeze their dividends during the COVID-19 pandemic. However, Manulife and Sun Life are in a strong position to resume regular increases when the crisis passes.
MANULIFE FINANCIAL CORP....
MANULIFE FINANCIAL CORP....
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $41 is a buy. The trust (Toronto symbol AP.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 123.1 million; Market cap: $5.0 billion; Dividend yield: 4.0%; Dividend Sustainability Rating: Above Average; www.alliedreit.com) last raised its monthly distribution in January 2020....
If you want to find the best investments in Canada, look for blue chip stocks that have a history of paying dividends
Penny stocks on the rise can offer you a big payday but the odds against success are very high.
HUNTSMAN CORP. $25 is a buy. The company (New York symbol HUN; Manufacturing & Industry sector; Shares outstanding: 220.8 million; Market cap: $5.5 billion; Dividend yield: 2.6%; Takeover Target Rating: Lowest; www.huntsman.com) is a leading producer of specialty chemicals for makers of adhesives, textiles, construction materials, paints, detergents and automotive products.
In August 2017, Huntsman used an IPO to sell 26.1 million shares of its Venator Materials PLC (New York symbol VNTR) unit for $20.00 a share....
In August 2017, Huntsman used an IPO to sell 26.1 million shares of its Venator Materials PLC (New York symbol VNTR) unit for $20.00 a share....
Study after study has shown that after an initial adjustment period of a few months, spinoffs tend to outperform groups of comparable stocks for several years. Still, in looking at two recent spinoff deals, we feel the spinoff of Pfizer’s generic drug business is more attractive than Artis REIT’s plan to separate its Canadian retail properties.
PFIZER INC....
Fair Isaac and Broadridge Financial are both positioned to keep doing well during the pandemic: since March of this year, Fair Isaac is up 167.0% to an all-time high; and Broadridge has jumped 78.0%, also to new highs. We think both have room to move higher.
FAIR ISAAC CORP....
FAIR ISAAC CORP....
ACI WORLDWIDE, $24.32, is a buy. The company (Nasdaq symbol ACIW; TSINetwork Rating: Extra Risk) (www.aciworldwide.com; Shares o/s: 116.1 million; Market cap: $2.9 billion; No divds.) has attracted increased interest from activist investor Starboard Value LP....