Metro’s big acquisition cuts its risk

METRO INC. $48 (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 255.7 million; Market cap: $12.3 billion; Price-to-sales ratio: 0.8; Dividend yield: 1.5%; TSINetwork Rating: Average; www.metro.ca) operates 600 grocery stores and 650 drugstores, in Quebec, Ontario and New Brunswick.
In May 2018, Metro acquired Jean… Read More

Emera can handle its debt load

EMERA INC. $44 (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares o/s: 233.0 million; Market cap: $10.3 billion; Price-to-sales ratio: 1.7; Divd. yield: 5.4%; TSINetwork Rating: Average; www.emera.com) has spent $2 billion in the past year on new projects. Those include its 49.5%-owned Labrador Island Link, which… Read More

Teck’s 2019 outlook is bright

TECK RESOURCES LTD. $30 (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 573.6 million; Market cap: $17.2 billion; Price-to sales ratio: 1.4; Dividend yield: 0.7%; TSINetwork Rating: Extra Risk; www.teck.com) is a leading producer of metallurgical coal, copper and zinc.
Teck’s new growth projects should fuel… Read More

New businesses enhance their prospects

The shares of Finning and Toromont have moved down lately in response to lower commodity prices. However, recent acquisitions put both companies in a strong position to expand their earnings when commodity prices rebound.
FINNING INTERNATIONAL INC. $25 (Toronto symbol FTT; Conservative Growth Portfolio, Manufacturing & Industry… Read More

Imperial Oil continues its expansion

IMPERIAL OIL LTD. $35 (Toronto symbol IMO; Conservative Growth and Income Portfolios, Shares outstanding: 792.7 million; Market cap: $27.7 billion; Price-to-sales ratio: 0.8; Dividend yield: 2.2%; TSINetwork Rating: Average; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company, after Suncor (No. 1) and Canadian Natural Resources. U.S.-based ExxonMobil… Read More

CAE’s strong reputation pays off

CAE INC. $26 (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 266.3 million; Market cap: $6.9 billion; Price-to-sales ratio: 2.3; Dividend yield: 1.5%; TSINetwork Rating: Average; www.cae.com) continues to win pilot-training contracts.
For example, it recently won a deal to train pilots for U.K.-based… Read More