Nova Chemicals Corp. $24 – Toronto symbol NCX

NOVA CHEMICALS CORP. $24 (Toronto symbol NCX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 83.1 million; Market cap: $2.0 billion; SI Rating: Extra risk) makes industrial plastics that manufacturers use to make a wide variety of products including auto parts, construction materials and… Read More

Access To Oil & Gas Adds To Their Appeal

Agrium and Nova use natural gas to make their products, and ready access to large gas reserves gives them a cost advantage over their competitors. However, only Nova is a buy at current prices.

AGRIUM INC. $72 (Toronto symbol AGU; Aggressive Growth Portfolio, Resources sector; Shares… Read More

Our Two Favourite Universal Funds

UNIVERSAL CANADIAN GROWTH FUND $20.93 (CWA Rating: Conservative) (Mackenzie Financial Corp., 150 Bloor St. West, Toronto, Ont. M5S 3B5. Web site: www.mackenziefinancial.com. 1-800-387-0780; Load fund — available from brokers) holds companies with strong management and sound business prospects. The fund holds fewer than 40 stocks… Read More

Nova Reports Record Profits for 2007

NOVA CHEMICALS CORP. $28 (Toronto symbol NCX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 83.1 million; Market cap: $2.3 billion; SI Rating: Extra risk) earned a record $4.16 a share in 2007, compared to a loss of $8.52 in 2006 (all amounts except… Read More

This Cyclical Still Has Long-term Appeal

NOVA CHEMICALS CORP. $31 (Toronto symbol NCX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 83.1 million; Market cap: $2.6 billion; SI Rating: Extra risk) makes two types of industrial plastics. Ethylene/polyethylene is used in a wide variety of products, such as plastic bags,… Read More

Lower Costs Give Nova an Edge

NOVA CHEMICALS CORP. $37 (Toronto symbol NCX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 82.7 million; Market cap: $3.1 billion; SI Rating: Extra risk) is studying a plan to extract ethane from excess natural gas at Alberta’s oil sands projects. Nova’s close proximity… Read More

Our Two Favourite Universal Funds

UNIVERSAL CANADIAN GROWTH FUND $24 (CWA Rating: Conservative) (Mackenzie Financial Corp., 150 Bloor St. West, Toronto, Ont. M5S 3B5. Web site: www.mackenziefinancial.com. 1-800-387-0780; Load fund — available from brokers) holds companies with strong management and sound business prospects. The fund holds fewer than 40 stocks… Read More