oil and gas

Welcome to your latest issue of Canadian Wealth Advisor! As always, we feature safety-conscious gainers ready to add to your long-term returns. Encana in undergoing change, but remains one of them.


ENCANA CORP. $5.36, is a buy for the Resources sector of your portfolio. The energy producer (Toronto symbol ECA; Shares outstanding: 1.4 billion; Market cap: $6.7 billion; TSINetwork Rating: Average; Divd....

A: Ritchie Bros. Auctioneers Inc., $57.35, symbol RBA on Toronto (Shares outstanding: 109.0 million; Market cap: $6.2 billion; www.rbauction.com) is the world’s largest industrial auctioneer.

The company sells a broad range of used and unused equipment through its unreserved auctions, online marketplaces and private brokerage services....

Thank you for your welcoming email. I’m very happy to join you in the Inner Circle. A year ago, when the price of oil was very low, I reasoned that it had to go up, so I bought Badger Daylighting. I would very much appreciate any advice that you can give me. Thank you.

Many of you avoid smaller firms such as these three (including Leon’s—see box) due to their higher risk and lower liquidity. However, each of the three small caps on this page is a leader in its niche market. That helps protect your dividends.


CALIAN GROUP LTD....

Big investors like pension funds tend to prefer pure-play companies with simple-to-understand businesses. As a result, firms with more diverse operations tend to attract activist investors who pressure them to spin off some of their businesses as a way of boosting value for investors.


Emerson Electric is a good example of a diverse firm that has attracted activist attention; specifically....

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....

A: The Goldman Sachs JUST U.S. Large Cap Equity ETF, $44.89, symbol JUST on New York (Units outstanding: 3.1 million; Market cap: $139.2 million; www.gsam.com), started up June 7, 2018, launched by prominent hedge fund manager and billionaire philanthropist Paul Tudor Jones.

The ETF’s MER is a low 0.20%, and it yields 1.9%.

Jones’s charitable foundation, Just Capital, conducts regular polling to determine the American public’s most important concerns as they relate to business behaviour....

A: Smartsheet Inc., $44.60, symbol SMAR on New York (Shares outstanding: 87.4 million; Market cap: $5.0 billion; www.smartsheet.com), provides cloud-based software for teams and organizations to plan, capture, manage, automate, and report on their work.

Smartsheet first sold shares to the public in April 2018 at $15 a share.

The company operates in a competitive market and continues to lose money; it will likely report a loss of $0.55 a share in 2020....

A: True North Commercial REIT, $6.98, symbol TNT.UN on Toronto (Units outstanding: 57.7 million; Market cap: $489.6 million; www.truenorthreit.com), owns and operates a portfolio of 46 office properties....

Great changes may soon come to the market in cannabis stocks.

We first mentioned the cannabis stock boom in the June 12, 2018, Inner Circle, in a p.s. to a frontpage report on Artificial Intelligence (AI) stocks. In it we said,

“AI investments are more common in the U.S....