oil prices
METRO INC., $58.11, is a buy. The stock (Toronto symbol MRU; Shares o/s: 254.2 million; Market cap: $14.8 billion; TSINetwork Rating: Average; Dividend yield: 1.6%; www.metro.ca) lets you tap 950 grocery stores and 650 drugstores, in Quebec, Ontario and New Brunswick.
To improve its long-term profitability and drive investor value, Metro now plans to build a new distribution centre near Montreal to handle fresh and frozen products....
To improve its long-term profitability and drive investor value, Metro now plans to build a new distribution centre near Montreal to handle fresh and frozen products....
You will have better opportunities of success with ETF investing when you follow our tips
Alimentation Couche-Tard has rewarded our subscribers with big gains over the years. We first recommended it in our December 2008 issue at $15.50. Since then, the stock has split 3-for-1 and 2-for-1. That takes our cost down to $2.58 a share—which gives you a scintillating 1,363.6% gain!
The stock has dropped recently from the all-time high of $46.10 it hit in February of 2020....
The stock has dropped recently from the all-time high of $46.10 it hit in February of 2020....
Sharp share-price drops due to the coronavirus outbreak will likely encourage activist investors to raise their stake in—and influence on—these three firms (including Sony—see box). However, for reasons outlined below, we advise you to stay on the sidelines, at least for now.
OCCIDENTAL PETROLEUM CORP....
OCCIDENTAL PETROLEUM CORP....
A: How soon oil and gas prices will recover is uncertain. That’s especially so considering one of the main drivers of that decline—the COVID-19 pandemic—remains ongoing.
Meantime, low oil prices (and resulting low gasoline prices) could, in fact, lower demand for new renewable power projects....
Meantime, low oil prices (and resulting low gasoline prices) could, in fact, lower demand for new renewable power projects....
TORSTAR CORP. $0.38 (www.torstar.com) remains a hold, but only for highly aggressive investors. The COVID-19 outbreak has forced many businesses to temporarily shut down. As a result, they are cutting spending on advertising....
IMPERIAL OIL LTD. $18 is still a buy for the Resources sector of your portfolio. The integrated oil producer (Toronto symbol IMO; Conservative Growth and Income Portfolios; Shares outstanding: 743.9 million; Market cap: $13.4 billion; Price-to-sales ratio: 0.4; Dividend yield: 4.9%; TSINetwork Rating: Average; www.imperialoil.ca) is cutting its 2020 capital spending plans by about 30% due to sharply lower crude oil prices....
A: Pembina Pipeline, $28.44, symbol PPL on Toronto (Shares outstanding: 549.8 million; Market cap: $13.5 billion; www.pembina.com) gives you a stake in pipelines carrying almost all of B.C.’s oil and half of Alberta’s conventional oil.
The company’s network also transports 30% of Western Canada’s natural gas liquids (NGLs), while its extensive facilities extract, process and store NGLs....
The company’s network also transports 30% of Western Canada’s natural gas liquids (NGLs), while its extensive facilities extract, process and store NGLs....
Note--this is part of a continuing Inner Circle Spotlight Report: The Successful Investor Guide to Bear Market Investing
Like a lot of beginning investors, I took an early interest in “market lore”—rules for making money in the stock market. These rules aim to tell you how to spot good stocks to buy, good times to buy or sell them, how much to pay, etc....
Like a lot of beginning investors, I took an early interest in “market lore”—rules for making money in the stock market. These rules aim to tell you how to spot good stocks to buy, good times to buy or sell them, how much to pay, etc....
Long-time readers know that we are constantly evaluating the stocks we recommend to see if they should remain in the Power Growth Investor newsletter.
Although most stocks have dropped in the current market downturn, we feel top-quality shares will be among the first to rebound....
Although most stocks have dropped in the current market downturn, we feel top-quality shares will be among the first to rebound....