Automakers are shifting away from traditional gasoline-powered vehicles to battery-powered electric vehicles (EVs). That’s partly due to government mandates—Ottawa wants 20% of all passenger cars, SUVs and trucks sold in Canada by 2026 to run on electricity. The requirement will rise to 60% in 2030,… Read More
A: Exco Technologies Ltd., $7.30, symbol XTC on Toronto (Shares outstanding: 38.9 million; Market cap: $286.0 million; www.excocorp.com), operates in two segments: Automotive Solutions, and Casting and Extrusion.
Based in Markham, Ontario, Exco was founded in 1952. Today, the U.S. accounts for 62% of its revenue… Read More
Q: Electric-operated vehicles look like a big part of the future. But I’m wondering about your Successful Investor auto-parts pick Linamar. How is it preparing for the auto industry’s ramp-up of electrical vehicle production? Thanks.
A: Linamar Corp., $78.65, symbol LNR on Toronto (Shares outstanding: 65.5 million; Market cap: $5.2 billion; www.linamar.com), makes a variety of automotive parts, including cylinder heads and cylinder blocks. It also makes self-propelled, scissor-type work platforms under the Skyjack brand as well as agricultural harvesting… Read More
Q: Hi, Pat. Thank you for your wealth of investment knowledge over the years it has helped my family build a good financial foundation for the present and future. Please, tell us more about Real Matters Inc. (REAL) on Toronto. Look forward to your reply. Thanks.
A: Real Matters Inc., $11.85, symbol REAL on Toronto (Shares outstanding: 84.9 million; Market cap: $957.7 million; www.realmatters.com), provides technology and network management solutions to the mortgage lending and insurance industries in Canada and the U.S. The company is based in Markham, Ontario. Its clients… Read More
Q: Pat, may I have your thoughts on Dream Industrial REIT? This warehouse REIT appears to be a great way to gain exposure to the online shopping phenomenon.
A: Dream Industrial REIT, $7.98, symbol DIR.UN on Toronto (Units outstanding: 152.2 million; Market cap: $1.2 billion; www.dreamindustrialreit.ca), offers investors a portfolio of industrial properties in North America and Europe.
The REIT, originally named Dundee Industrial REIT, first sold units to the public and began trading… Read More
A: Activision Blizzard Inc. $54.43, symbol ATVI on Nasdaq (Shares outstanding: 769.2 million; Market cap: $43.4 billion; www.activisionblizzard.com), is a video game company founded in July 2008 through the merger of Activision, Inc. and Vivendi Games. The company develops, publishes, and sells interactive software products… Read More
Note–this is part of a continuing Inner Circle Spotlight Report: The Successful Investor Guide to Bear Market Investing
Like a lot of beginning investors, I took an early interest in “market lore”—rules for making money in the stock market. These rules aim to tell you how… Read More
Q: Pat, may I have your view of the ALPS Sector Dividend Dogs ETF? If one were considering a “Dogs of the Dow” approach, would this be an alternative? Thanks.
A: The ALPS Sector Dividend Dogs ETF, $31.17, symbol SDOG on New York (Units outstanding: 34.5 million; Market cap: $1.1 billion; www.alpssectordividenddogs.com), is an ETF that applies the “Dogs of the Dow” theory on a sector-by-sector basis using the stocks in the S&P 500. The… Read More
A: Cematrix Corp., $0.33, symbol CVX on the Toronto Venture Exchange (Shares outstanding: 60.4 million; Market cap: $19.9 million; www.Cematrix.com), is a Calgary-based manufacturer and installer of what it promotes as technologically advanced cellular concrete products.
Cellular concrete is an innovative construction material consisting of cement,… Read More
The human and economic damage from Covid-19 so far is minor, compared to what may happen in the coming weeks and months. The stock-market drop to date partly reflects investor guesswork on that future damage may be. Investors are taking their cue from published predictions… Read More