GWO hikes its dividend

GREAT-WEST LIFECO, $53.80, is still a hold. The company (Toronto symbol GWO; shares o/s: 931.9 million; Market cap: $50.1 billion; TSINetwork Rating: Above Average; Yield: 4.5%; www.greatwestlifeco.com) is Canada’s second-largest life insurer, after Manulife Financial. It also offers pension and wealth management services. Power Corp. (Toronto symbol POW)… Read More

These two benefit from a narrower focus

These two financial services providers continue to benefit from their recent plans to better focus on their core businesses. We still like both of these high-quality stocks, but prefer IGM for your new buying.
GREAT-WEST LIFECO INC. $52 is a hold. The insurer (Toronto symbol GWO; Conservative Growth… Read More

Split creates THREE pure-play buys

To help unlock some of its hidden value, trucking firm XPO recently spun off two of its smaller businesses—GXO Logistics and RXO.
Investors tend to prefer “pure-play” firms that are easier to analyze and evaluate. That’s why XPO’s shares are up 84% since the first spinoff… Read More

Narrower focus helps both of these leaders

Insurer Great-West Lifeco and mutual funds provider IGM Financial continue to benefit from their recent moves to focus on their core businesses. We still like both, but prefer IGM for your new buying.
GREAT-WEST LIFECO INC. $48 is a hold. The insurer (Toronto symbol GWO; Conservative Growth and… Read More

Linamar reports a 17.2% earnings surge

Linamar reports a 17.2% earnings surge

We continue to believe there’s room for most investors to hold aggressive stocks, which typically are more leveraged (with more debt) and volatile than conservative stocks.

 Still, to cut your risk, you should limit aggressive stocks to no more than 20% of your total portfolio. We… Read More