Canadian stock re-fuels with regular acquisitions

Canadian stock re-fuels with regular acquisitions

A member of Pat McKeough’s Inner Circle recently asked about the pullback in the shares of a Canadian stock specializing in gas stations, convenience stores and fuel distribution. Before retreating, the shares had surged in the wake of the company’s most recent acquisition, the result… Read More

Q: Hi, Pat. I appreciate your advice and would like your thoughts on Parkland Industries, which has seen a substantial pullback in the last little while. Thanks.

A: Parkland Fuel Corp., $26.14, symbol PKI on Toronto (Shares outstanding: 130.5 million; Market cap: $3.4 billion, www.parkland.ca), operates gas stations, convenience stores and a fuel-distribution business for motorists, businesses, households and wholesale customers in Canada and the U.S.

The company’s shares have moved down from… Read More

Two oil stocks: 1 buy & 1 hold

Oil prices have moved down lately, as higher production in the U.S. offsets cuts by OPEC. We still feel investors should maintain some exposure to oil, but you can cut your risk with integrated producers such as Chevron.
CHEVRON CORP. $104 (New York symbol CVX; Conservative… Read More