Sobeys Inc. $38 – Toronto symbol SBY

Sobeys Inc. $38 – Toronto symbol SBY

Sobeys has undergone significant changes since this article was published in 2006. see below for a June 2016 update.
2006:

SOBEYS INC. $38 (Toronto symbol SBY; Conservative Growth Portfolio, Consumer sector; SI Rating: Average; www.sobeys.com) operates 1,300 company-owned and franchised retail grocery stores in 10 provinces,… Read More

Drugstore chain will help Metro compete

METRO INC. $41 (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 227.1 million; Market cap: $9.3 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.6%; TSINetwork Rating: Average; www.metro.ca) operates 600 grocery stores and 250 drugstores, in Quebec and Ontario.

To compete with larger grocery chains… Read More

These REITs offer sustainable payouts

CANADIAN REIT $46 (Toronto symbol REF.UN; Cyclical- Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Units outstanding: 73.3 million; Market cap: $3.4 billion; Dividend Sustainability Rating: Above Average; Dividend yield: 4.1%; www.creit.ca) owns 204 properties across Canada and the city of Chicago. They include retail… Read More

Buy this grocer with a bright future

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.

The company faces strong competition… Read More

What is your opinion of the following investment: First Capital Realty? Thanks.

First Capital Realty Inc., $19.76, symbol FCR on Toronto (Shares outstanding: 220.9 million; Market cap: $4.4 billion; www.firstcapitalrealty.ca), owns, develops and operates shopping centres throughout Canada. It focuses on big cities, including Toronto, Montreal, Calgary, Vancouver, Ottawa and Edmonton.

First Capital owns interests in 157 properties… Read More