Supermarket operator Metro has performed nicely for us—up 1,725.4%—since we first recommended the stock in June 1998 at $3.54 (adjusted for splits). Metro also held up well during the pandemic as governments designated its supermarkets and drugstores essential services for consumers stocking up on food… Read More
METRO INC. $48 (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 255.7 million; Market cap: $12.3 billion; Price-to-sales ratio: 0.8; Dividend yield: 1.5%; TSINetwork Rating: Average; www.metro.ca) operates 600 grocery stores and 650 drugstores, in Quebec, Ontario and New Brunswick.
In May 2018, Metro acquired Jean… Read More
METRO INC. $48 (Toronto symbol MRU; High-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding 227.4 million; Market cap: $10.9 billion; Dividend yield: 1.5%; Dividend Sustainability Rating: Highest; www.metro.ca) operates 600 grocery stores and 700 drugstores, in Quebec and Ontario.
With the March 2018 payment, Metro raised its quarterly dividend… Read More
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Last year, this stock acquired a large drugstore based in Quebec. While rival Shoppers Drug Mart is already licensed to sell medical cannabis, this drugstore chain has no immediate plans to do so. That’s because the Quebec government limits retail cannabis sales… Read More
UNITED TECHNOLOGIES CORP., $121.84, New York symbol UTX,will raise its quarterly dividend by 5.0% with the December 2018 payment. Investors will then receive $0.735 a share instead of $0.70. The new annual rate of $2.94 yields 2.3%.
The company has now completed its acquisition of Rockwell… Read More
METRO INC., $44.97, Toronto symbol MRU, operates over 600 grocery stores and 650 drugstores, mainly in Quebec and Ontario.
On May 11, 2018, the company completed its acquisition of Jean Coutu Group. It operates 418 franchised drugstores in Quebec, New Brunswick and Ontario. Metro paid $4.5… Read More
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This stock recently bought a leading drugstore company with operations in several provinces. But unlike its main rival, Shoppers Drug Mart, the company’s pharmacy chain is taking a wait-and-see approach to cannabis sales. That’s largely because the provincial government in its biggest… Read More
We recommend that all investors limit aggressive stocks to just a small portion of their overall portfolios. To further cut your risk, when considering aggressive stocks, we zero in on companies with rising revenue and earnings, and manageable debt.
The three stocks we analyze below are… Read More
The 2018 acquisition of a drug store chain seems likely to pay off for this Canadian supermarket giant.
While an acquisition of this size carries risk, a similar deal has worked well for the company’s rival, Loblaw, with its takeover of Shoppers Drug Mart. And… Read More
TRANSCANADA CORP., $57.81, Toronto symbol TRP, operates a 91,500-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. Other operations include 4,800 kilometers of crude oil pipelines and 12 power plants.
TransCanada last raised its quarterly dividend with the April 2018… Read More