price to sales ratio
In choosing a Stock of the Year, we aim for a “heads you win, tails you break even” situation. These stocks can put on above-average rises, but they’re unlikely to be disasters if they disappoint.
Our past #1 picks, including Agrium (see page 101), sometimes take a year or more to get going....
Our past #1 picks, including Agrium (see page 101), sometimes take a year or more to get going....
BLACKBERRY LTD. $8.44 (Toronto symbol BB; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 524.6 million; Market cap: $4.4 billion; Price-to-sales ratio: 0.4; No dividends paid; TSINetwork Rating: Speculative; www.blackberry.com) lost $965 million, or $1.84 a share, in the three months ended August 31, 2013 (all amounts except share price and market cap in U.S....
TORONTO-DOMINION BANK $91 (Toronto symbol TD; Conservative Growth Portfolio, Finance sector; Shares outstanding: 917.6 million; Market cap: $83.5 billion; Price-to-sales ratio: 2.8; Dividend yield: 3.7%; TSINetwork Rating: Above Average; www.td.com) has agreed to pay $52.5 million U.S....
PRECISION DRILLING CORP. $10 (Toronto symbol PD; Aggressive Growth Portfolio, Resource sector; Shares outstanding: 276.9 million; Market cap: $2.8 billion; Price-to-sales ratio: 1.4; Dividend yield: 2.0%; TSINetwork Rating: Extra Risk; www.precisiondrilling.com) provides contract-drilling services to land-based oil and gas producers, mainly in North America....
These two utilities continue to expand beyond Atlantic Canada. That adds to their appeal, but only one is a buy right now.
FORTIS INC. $31 (Toronto symbol FTS; Conservative Growth Portfolio, Utilities sector; Shares outstanding: 211.7 million; Market cap: $6.6 billion; Price-to-sales ratio: 1.8; Dividend yield 4.0%; TSINetwork Rating: Above Average; www.fortis.ca) is the main electricity supplier in Newfoundland and Prince Edward Island....
FORTIS INC. $31 (Toronto symbol FTS; Conservative Growth Portfolio, Utilities sector; Shares outstanding: 211.7 million; Market cap: $6.6 billion; Price-to-sales ratio: 1.8; Dividend yield 4.0%; TSINetwork Rating: Above Average; www.fortis.ca) is the main electricity supplier in Newfoundland and Prince Edward Island....
TRANSCANADA CORP. $44 (Toronto symbol TRP; Conservative Growth Portfolio, Utilities sector; Shares outstanding: 707.1 million; Market cap: $31.1 billion; Price-to-sales ratio: 3.5; Dividend yield: 4.2%; TSINetwork Rating: Above Average; www.transcanada.com) expects to complete the southern portion of its Keystone XL pipeline by the end of 2013....
CANADIAN IMPERIAL BANK OF COMMERCE $82 (Toronto symbol CM; Conservative Growth Portfolio, Finance sector; Shares outstanding: 400.0 million; Market cap: $32.8 billion; Price-to-sales ratio: 1.9; Dividend yield: 4.7%; TSINetwork Rating: Above Average; www.cibc.com) has launched Aventura, a new credit card loyalty plan for travellers....
LOBLAW COMPANIES LTD. $46 (Toronto symbol L; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 282.1 million; Market cap: $13.0 billion; Price-to-sales ratio: 0.4; Dividend yield: 2.1%; TSINetwork Rating: Above Average; www.loblaw.ca) continues to expand its Joe Fresh business, which makes casual clothing and accessories.
In addition to selling these goods in its supermarkets, Loblaw has also opened over 20 stand-alone Joe Fresh stores in Canada and the U.S....
In addition to selling these goods in its supermarkets, Loblaw has also opened over 20 stand-alone Joe Fresh stores in Canada and the U.S....
HOME CAPITAL GROUP INC. $72 (Toronto symbol HCG; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 34.7 million; Market cap; $2.5 billion; Price-to-sales ratio: 2.2; Dividend yield: 1.6%; TSINetwork Rating: Average; www. homecapital.com) gets 90% of its revenue by making residential mortgage loans to borrowers who don’t meet the stricter standards of larger, traditional lenders, like banks....
METRO INC. $67 (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 93.1 million; Market cap: $6.2 billion; Price-to-sales ratio: 0.5; Dividend yield: 1.5%; TSINetwork Rating: Average; www.metro.ca) operates about 600 supermarkets in Quebec and Ontario. It also has over 250 drugstores under the Brunet, The Pharmacy and Drug Basics banners.
Metro has aggressively cut costs and improved its efficiency in response to rising competition from larger Canadian chains like Loblaw and Sobeys, as well as big U.S. retailers like Wal-Mart and Costco. It also upgraded its stores and lowered its advertising costs by converting its various banners in Ontario to the Metro and Food Basics brands.
...
Metro has aggressively cut costs and improved its efficiency in response to rising competition from larger Canadian chains like Loblaw and Sobeys, as well as big U.S. retailers like Wal-Mart and Costco. It also upgraded its stores and lowered its advertising costs by converting its various banners in Ontario to the Metro and Food Basics brands.
...