Earnings rise 102.5% at Molson Coors Canada Inc.

Earnings rise 102.5% at Molson Coors Canada Inc.

The firm continues to benefit from its purchase of SABMiller’s stake of MillerCoors as revenues climbed 14.2% in the latest quarter.

However, some COVID-19 challenges remain and beer consumption is slowing, which is forcing the company to cut costs.

Meanwhile, the B class shares trade at 12.9… Read More

New products will help protect these dividends

Molson and Saputo are adding new products to their portfolios as demand for their legacy products slows. These moves will help them maintain their dividends. However, their short-term outlook remains uncertain.
MOLSON COORS CANADA INC. is still a hold. The beer brewer (Toronto symbols TPX.A $65 and TPX.B… Read More

Molson Coors may not be your best prospect

Molson Coors may not be your best prospect

Improved sales of beer led to a 17.4% jump in revenue for this company during the most-recent quarter.

However, its outlook remains uncertain due to the threat of the Delta variant of COVID possibly closing bars and restaurants once again.

MOLSON COORS CANADA INC. (Toronto symbols TPX.A… Read More

Three key updates to spur your 2021 success

TORONTO-DOMINION BANK $86 is a buy. The lender (Toronto symbol TD; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.8 billion; Market cap: $154.8 billion; Price-to-sales ratio: 3.6; Dividend yield: 3.7%; TSINetwork Rating: Above Average; www.td.com) is Canada’s second-largest bank by market cap after Royal Bank (see… Read More

Here are three key updates on our portfolio

NEWMONT CORP. $55 remains a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 799.1 million; Market cap: $44.0 billion; Price-to-sales ratio: 3.5; Dividend yield: 2.2%; TSINetwork Rating: Average; www.newmont.com) now… Read More