Spinoffs & Takeovers Hotline – Friday, May 22, 2020

TRISURA GROUP LTD., $49.00, symbol TSU on Toronto, is a provider of higher-margin specialty insurance in three areas: Risk Solutions provides warranties for manufactured products; Surety Insurance guarantees that specific tasks are completed; and Corporate Insurance and Reinsurance offers policies to professionals to cover malpractice… Read More

Q: Hello, TSI. Thank you for your thoughtful advice during this interesting time. What is your opinion of Shopify? Is now a good time to buy? Thank you.

A: Shopify, $885.83, symbol SHOP on Toronto (Shares outstanding: 111.5 million; Market cap: $98.8 billion; www.shopify.ca), offers merchants of all sizes Internet-based software to design, set up and manage stores across multiple sales channels.

Most of the company’s revenue comes from subscription services, with smaller clients… Read More

Now is a good time to sell these two stocks

Most stocks have dropped in the current market downturn, but we feel top-quality shares will be among the first to rebound. However, some, including Nissan, have severe problems in their markets that will likely block recovery anytime soon. Others, like Luckin Coffee, have big internal… Read More

Strong balance sheet cuts your risk

IMPERIAL OIL LTD. $18 is still a buy for the Resources sector of your portfolio. The integrated oil producer (Toronto symbol IMO; Conservative Growth and Income Portfolios; Shares outstanding: 743.9 million; Market cap: $13.4 billion; Price-to-sales ratio: 0.4; Dividend yield: 4.9%; TSINetwork Rating: Average; www.imperialoil.ca) is cutting its… Read More