We prefer Extendicare for new buying

EXTENDICARE INC. $7.30 (Toronto symbol EXE; TSINetwork Rating: Extra Risk) (905-470-5534; www.extendicare.com; Shares o/s: 88.5 million; Market cap: $642.6 million; Dividend yield: 6.6%) owns 67 senior-care facilities in Canada. Together, they can house 8,950 residents on both a long- and short-term basis. The company manages… Read More

Stock Pickers Digest Hotline – Friday, March 1, 2019

ALIMENTATION COUCHE-TARD INC., $76.24, symbol ATD.B on Toronto, operates 12,661 convenience stores across North America and Europe.

Alimentation Couche-Tard, together with Canopy Growth (symbol WEED on Toronto), has entered into a trademark licensing agreement with one winner of the Ontario Alcohol and Gaming Commission’s 25 cannabis… Read More

Updating WestJet Airlines Ltd., Snap-On Inc., Stantec Inc.

WESTJET AIRLINES LTD. $21 (Toronto symbol WJA; Cyclical-Growth Dividend Portfolio; Manufacturing sector; Shares outstanding: 114.0 million; Market cap: $2.4 billion; Dividend yield: 2.7%; Dividend Sustainability Rating: Above Average; www.westjet.com) last raised its dividend by 16.7% with the March 2015 payment, to $0.14 a share from $0.12. The annual… Read More

Stantec wins a big bid

STANTEC INC. $31.78 (Toronto symbol STN; TSINetwork Rating: Extra Risk) (780-917-7288; www.stantec.com; Shares o/s: 113.9 million; Market cap: $3.6 billion; Divd. yield: 1.7%) reports that the Chicago Transit Authority has selected it to head up a plan to reconstruct and modernize 3.1 kilometres of elevated rail tracks. That includes… Read More

Buy just one of these extra-risk picks

STANTEC INC. $31.13 (Toronto symbol STN; TSINetwork Rating: Extra Risk) (780-917-7288; www.stantec.com; Shares o/s: 113.9 million; Market cap: $3.5 billion; Divd. yield: 1.8%) sells consulting, project management, design and technology services. Most of its clients operate in the oil and gas, transportation and construction industries.
For the three months ended… Read More