public offering

Computer outsourcing specialist CGI Inc. has been a terrific performer for our subscribers since December 2007 when we promoted it to our Successful Investor newsletter. In fact, the stock has soared 1,195% compared to the 80% gain for the S&P/TSX Composite Index.

CGI shares hit a new all-time high of $175.35 on January 30, 2025, but they have since dropped 16.2% to the current level....

WALMART INC., $94.78, New York symbol WMT, is a buy.

The company is the world’s biggest retailer, with 10,771 outlets in 19 countries.

Walmart reported strong-than-expected results for its latest quarter. However, a weaker-than-expected forecast caused the stock to fall 8%.

In the fiscal 2025 fourth quarter, ended January 31, 2025, sales rose 4.1%, to $180.55 billion from $173.39 billion a year earlier....

RIOCAN REAL ESTATE INVESTMENT TRUST, $19.41, Toronto symbol REI.UN, is a top pick for 2025.

The REIT owns all or part of 178 shopping centres and mixed-use properties with a net leasable area of 32.2 million square feet. Its occupancy rate is a high 98.0%.

RioCan cut its monthly distribution by 33.3% to $0.96 a unit (on an annual basis) in February 2021 as retailers shut down due to the COVID-19 pandemic....

Canadian Apartment Properties REIT is seeing strong occupancy rates across its diversified portfolio, and it’s raising its distribution.

TITAN AMERICA SA $16 is a hold. The company (New York symbol TTAM; Manufacturing sector; Shares outstanding: 184.4 million; Market cap: $3.0 billion; No dividends paid; Takeover Target Rating: Lowest; www.titanamerica.com) makes cement and other building materials, mainly for customers in Florida and the U.S....

Alimentation Couche-Tard has rewarded our subscribers with big gains over the years. We first recommended this convenience store giant in our December 2008 issue at $15.50 a share. Since then, the stock has split 3-for-1 and then 2-for-1. That takes our cost down to $2.58 a share—and gives you a tremendous 2,708.1% gain!

Note that Couche-Tard’s growth by acquisition still carries risk—more on that below, including an update on the company’s most recent attempts to purchase the 7-Eleven chain....

DOW INC., $38.58, symbol DOW on New York, is one of the world’s largest makers of plastics and specialty chemicals. It mainly sells to customers in the consumer goods, construction, energy, personal care, packaging, textiles, automotive and telecommunications industries.

The company manufactures its products at 98 factories in 31 countries.

On April 1, 2019, DuPont (symbol DD on New York) spun off Dow....

FLOWCO HOLDINGS INC. has filed paperwork with U.S. regulators for an initial public offering (IPO) of 17.8 million class A common shares at between $21.00 and $23.00 a share. The shares will trade on the New York exchange under the symbol “FLOC.” Insiders will control roughly 75% of the voting power after the IPO.


Based in Houston, Texas, Flowco makes a variety of equipment to help oil and gas producers capture methane emissions from their wells....

Intact Financial has engaged in a successful strategic expansion with its shares up 82% over the past five years while remaining attractively valued.

BRAZIL POTASH CORP. $12 is a hold. The company (New York symbol GRO; Resources sector; Shares outstanding: 39.5 million; Market cap: $474.0 million; No dividends paid; Takeover Target Rating: Medium; www.brazilpotash.com) is a Toronto-based mineral exploration and development company....