investment


LEON’S FURNITURE LTD. $22 is a buy for aggressive investors. The retailer (Toronto symbol LNF; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 68.0 million; Market cap: $1.5 billion; Price-to-sales ratio: 0.6; Dividend yield: 3.3%; TSINetwork Rating: Average; www.leons.ca) sells furniture and appliances through 303 stores, mainly under the Leon’s and The Brick banners.


The stock has gained 30% since it announced in May 2023 that it will transfer its real estate holdings to a real estate investment trust (REIT)....
According to the International Energy Agency, global oil demand grew by 2.3 million barrels per day in 2023 to 103 million barrels. The agency now expects oil use to increase by 1.3 million barrels a day in 2024. That higher demand has helped push up crude oil prices by 20% since the start of the year to $86 U.S....

You Can See Our Exchange-Traded Funds Portfolio For May 2024 Here.


ETFs in brief


Exchange-traded funds are set up to mirror the performance of a stock-market index or sub-index....
A key aspect of our TSI investment philosophy is portfolio diversification across the five main economic sectors (Manufacturing & Industry; Resources & Commodities; Consumer; Finance; and Utilities).


That way, investors can avoid overloading their portfolios with stocks in one sector that are about to slump simply because of industry conditions or changes in investor fashion....
BHP Group is the largest mining company in the world by market value, ahead of Rio Tinto, Vale, and Anglo-American.


Iron ore is its main product, with the Pilbara mines in Western Australia representing its core asset. Production costs from those mines are among the lowest in the world.


Copper is another major product....
A Compelling Opportunity for Income-Seeking Investors to Look at REIT Yields Amidst Rising Interest Rates
Broadridge is far from a household name, except in households with members who work in the investment business. Regardless, since its spinoff from Automatic Data Processing (symbol ADP on Nasdaq) in 2007, Broadridge has become a key provider of services to financial, brokerage and wealth management firms.

We added the stock as a buy in our February 2008 issue of Wall Street Stock Forecaster at $22 a share....
CCL INDUSTRIES INC., $69.15, symbol CCL.B on Toronto, mainly makes packaging products for the food, healthcare, automotive and personal-care industries. Procter & Gamble and Johnson & Johnson are among its major customers. CCL also makes radio frequency identification (RFID) tags and banknotes.

The company has four main businesses:
  • CCL (62% of total revenue) makes pressure-sensitive labels for plastic bottles and other forms of packaging....
TWILIO INC., $60.08, symbol TWLO on Nasdaq, is a buy. The company offers a key service to software developers who create mobile apps. Specifically, its own software is used to connect apps to essential functions elsewhere on a device, including dealing with phone calls and messaging.

Twilio has appointed a partner at activist investment firm Sachem Head Capital Management to its board of directors....
VANECK VECTORS VIETNAM ETF, $13.56, is a buy for aggressive investors. This emerging-markets ETF (New York symbol VNM) taps the leading Vietnamese firms as well as foreign firms that get a significant share of their revenue from this Southeast Asian nation....