Q: Hello, Pat and company. I would like to know your opinion and recommendation on Summit Industrial Income REIT on the TSX. Thanks for all the great advice! Regards.

A: Summit Industrial Income REIT, $11.80, symbol SMU.UN on Toronto (Units outstanding: 96.3 million; Market cap: $1.2 billion; www.summitiireit.com), is an open-ended trust (see below) that owns light industrial properties across Canada.

As of December 31, 2018, the trust owned 108 buildings, making up 13.3 million… Read More

Buying U.S. Stocks in Canada Provides International Exposure

Buying U.S. Stocks in Canada Provides International Exposure

Investors buying U.S. stocks in Canada can get international exposure—especially when looking at the Consumer sector for investments
For decades, we’ve advised Canadian investors to spread their holdings out geographically between Canadian and U.S. stocks. Our view is that virtually all Canadian investors should have, say,… Read More

Foodmakers gain from better efficiency

MONDELEZ INTERNATIONAL INC. $48 (Nasdaq symbol MDLZ; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 1.4 billion; Market cap: $67.2 billion; Price-to-sales ratio: 2.7; Dividend yield: 2.2%; TSINetwork Rating: Above Average; www.mondelezinternational.com) makes cookies and crackers (Oreo, Ritz), chocolate bars (Cadbury, Toblerone), gum and candy (Trident, Dentyne) and… Read More