Get a 5.0% yield from Bank of Nova Scotia

Get a 5.0% yield from Bank of Nova Scotia

Despite the economic disruption brought on by COVID-19, including a 20.3% earnings drop in the fourth quarter, this bank still enjoys excellent prospects.

The stock trades at just 11.5 times the company’s 2021 earnings forecast.

BANK OF NOVA SCOTIA (Toronto symbol BNS; www.scotiabank.com) set aside $1.13 billion… Read More

The top gold and silver stocks are stored in two ETFs

The top gold and silver stocks are stored in two ETFs

Precious-metal stocks dropped, along with stock markets, in March 2020 as the pandemic forced a global shutdown. They then quickly reversed themselves to soar for investors.

For many investors, gold and silver represent “safe harbours” in turbulent times and it’s why we expect further price jumps… Read More

Buy them to tap precious-metal demand

Most precious-metal stocks dropped, along with stock markets, in March 2020. They then quickly reversed that trend to soar for investors. In fact, In August 2020, gold jumped to over $2,000 U.S. an ounce for the first time ever. Gold stocks also jumped.
The extra burst… Read More

November: Good month for stocks

The month of November saw strong gains for stocks, commodities, and energy. This comes after the conclusion of the U.S. Presidential election and promising announcements from several pharmaceutical companies regarding COVID-19 vaccines.
At the broad market level, the Vanguard Total World Stocks ETF (VT) gained 10% in the… Read More

Where ETF money is flowing right now

In Canada, stock market ETFs continue to attract new money—almost $20 billion flowed into these products this year through to the end of October. Most of that money went to funds focused on international markets, excluding Canada and the U.S.
Fixed-income ETFs also attracted strong inflows… Read More

Stocks pulled back in September

The month of September saw declines in equity markets after significant gains over the previous six months. At the broad market level, the Vanguard Total World Stocks ETF (VT) lost 4.0% month over month, the Vanguard S&P 500 ETF (VOO), 4.5%, and the iShares MSCI Canada Equity ETF (EWC), 5.3%. Emerging markets also struggled,… Read More

Future dividend hikes on hold

BANK OF NOVA SCOTIA $54 is a buy. The bank (Toronto symbol BNS; Income-Growth Portfolio, Finance sector; Shares outstanding: 1.2 billion; Market cap: $64.8 billion; Dividend yield: 6.7%; Dividend Sustainability Rating: Above Average; www.scotiabank.com) raised its quarterly dividend by 3.4% with the October 2019 payment. The new annual rate… Read More

Our updates keep you on top of your stocks

BANK OF NOVA SCOTIA $55.88, is a buy. The bank (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $67.4 billion; TSINetwork Rating: Above Average; Dividend yield: 6.4%; www.scotiabank.com) has agreed to settle charges by U.S. securities regulators that its traders manipulated precious metals markets, including gold, silver,… Read More