price to sales ratio

TEGNA INC. $22 (New York symbol TGNA; Conservative Growth Portfolio, Consumer sector: Shares outstanding: 214.3 million; Market cap: $4.7 billion; Price-to-sales ratio: 1.4; Dividend yield: 2.5%; TSINetwork Rating: Average; www.tegna.com) owns 46 TV stations and several popular websites, including Cars.com (car sales and vehicle information), CareerBuilder (job search), Cofactor (advertising services) and G/O Digital (website design)....
APPLE INC. $114 (Nasdaq symbol AAPL; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 5.4 billion; Market cap: $615.6 billion; Price-to-sales ratio: 2.8; Dividend yield: 2.0%; TSINetwork Rating: Average; www.apple.com) has launched the iPhone 7, the latest version of its popular smartphone....
These three food makers continue to develop healthier products in response to falling demand for traditional packaged foods. However, these moves will take years to pay off. Moreover, all three are expensive in relation to their earnings.

PEPSICO INC. $107 (New York symbol PEP; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 1.4 billion; Market cap: $149.8 billion; Price-to-sales ratio: 2.5; Dividend yield: 2.8%; TSINetwork Rating: Above Average; www.pepsico.com) is the world’s second-largest soft drink maker after Coca-Cola....
United Technologies has moved down from its recent peak of $110 in August 2016. The decline reflects the slow delivery of its new jet engines because of manufacturing problems. However, that’s a short-term setback, and deliveries should pick up in 2017.

To boost market share, the company is now cutting its prices....
PFIZER INC. $34 (New York symbol PFE; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 6.1 billion; Market cap: $207.4 billion; Price-to-sales ratio: 3.9; Dividend yield: 3.5%; TSINetwork Rating: Above Average; www.pfizer.com) is one of the world’s leading prescription drugmakers....
METRO INC. $43 (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 236.2 million; Market cap: $10.2 billion; Price-to-sales ratio: 0.8; Dividend yield: 1.3%; TSINetwork Rating: Average; www.metro.ca) operates 600 grocery stores and 250 drugstores, in Quebec and Ontario....
GREAT-WEST LIFECO INC. $32 (Toronto symbol GWO; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 991.2 million; Market cap: $31.7 billion; Price-to-sales ratio: 0.8; Dividend Yield: 4.3%; TSINetwork Rating: Above Average; www.greatwestlifeco.com) sells insurance, mutual funds and wealth management services....
CANADIAN PACIFIC RAILWAY LTD. $194 (Toronto symbol CP; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 147.8 million; Market cap: $28.7 billion; Price-to-sales ratio: 4.5; Dividend yield: 1.0%; TSINetwork Rating: Above Average; www.cpr.ca) has added new trains to its operations in Western Canada....
ATCO LTD. (Toronto symbols ACO.X [class I non-voting] $47 and ACO.Y [class II voting] $47; Income Portfolio, Utilities sector; Shares outstanding: 114.3 million; Market cap: $5.4 billion; Price-to-sales ratio: 1.3; Dividend yield: 2.4%; TSINetwork Rating: Above Average; www.atco.com) gets most of its earnings from its 53.1% stake in Canadian Utilities (see left)....
Canadian Utilities is a long-term favourite of ours, mainly due to its stable cash flows and annual dividend increases.

We also like its parent company ATCO (see box), which gives you a way to buy Canadian Utilities at a discount. However, ATCO pays a lower dividend....