New ETFs that help investors cut their tax bill

This month, we look at three tax-efficient ETFs launched by Horizons earlier this year.
The ETFs don’t hold actual stocks or other investments, but rather financial instruments called “total return swaps” that replicate the returns of indexes.
Instead of paying dividends or interest that is taxable each… Read More

How to realize big benefits from a holding company discount

How to realize big benefits from a holding company discount

A holding company discount represents a great hidden opportunity for investor profit
Even in 2020, a holding company discount is a little-understood phenomenon in finance. It represents a special kind of hidden asset and source of potential profit for investors in holding companies.

A holding company is… Read More

Q: Hi, all. May I have TSI’s opinion on Stryker Corp.?

A: Stryker Corporation, $206.97, symbol SYK on New York (Shares outstanding: 373.1 million; Market cap: $76.8 billion; www.stryker.com), is one of the world’s leading medical technology companies. The firm is based in Kalamazoo, Michigan.

Stryker’s investors benefit from its three business segments:

The Orthopaedics segment (37% of total revenue)… Read More

Q: Pat, can I get your opinion on Crescita Therapeutics Inc. (CTX)? Based on its recent quarterly financial performance, I am interested in getting your insights. Also, what do you think of its recent cannabis deal? Thank you.

A: Crescita Therapeutics, $0.96, symbol CTX on Toronto (Shares outstanding: 21.0 million; Market cap: $20.1 million; www.crescitatherapeutics.com), is a dermatology company with manufacturing capabilities, a portfolio of non-prescription skincare products for the treatment and care of skin conditions and diseases, and prescription drug products for… Read More

Q: Hi, all. I wonder what your thoughts are on Carnival Corporation. We only own 100 shares, but as we spend about a month a year with Princess, owning 100 shares gets us about $500 U.S. in spending credits on their cruises as a shareholder benefit. Plus, it has a nice, decent dividend. Thanks.

A: Carnival Corp., $44.68, symbol CCL on New York (Shares outstanding: 718.6 million; Market cap: $31.7 billion; www.carnival.com), operates a fleet of 104 cruise ships worldwide and is based in Doral, Florida.

Carnival’s portfolio of cruise line brands includes Carnival Cruise Line, Fathom, Holland America Line, Princess… Read More