stantec

Toronto symbol STN, offers clients a broad range of consulting, project delivery, design/build and technology services.

TECK RESOURCES LTD., $52.81, Toronto symbol TECK.B, remains a buy for investors seeking long-term gains from the Resources sector of their portfolio.

The company now plans to spin off its metallurgical coal (a key ingredient in steelmaking) operations as a separate, publicly-traded company called Elk Valley Resources Ltd....
TELUS CORP., $27.25, Toronto symbol T, is your #1 Income Buy for 2023.

The company is Canada’s second-largest wireless carrier (after BCE) with 12.16 million subscribers. It also sells landline phone, Internet and TV services in B.C., Alberta and eastern Quebec.

With the January 2023 payment, Telus increased your quarterly dividend by 3.7%, to $0.3511 a share from $0.3386....
Many investors overlook mid-cap stocks, thinking that a combination of large- and small-cap stocks will provide their portfolios with all the diversification they really need. However, as a group, U.S. mid-cap stocks have often performed better than large caps and are generally less risky than small caps....
These two engineering firms continue to win new public works contracts. However, we prefer Stantec for your new buying as SNC’s shares will likely stay in a narrow range while it winds down its less-profitable legacy projects.


STANTEC INC. $71 is a buy. The stock (Toronto symbol STN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 110.8 million; Market cap: $7.9 billion; Price-to-sales ratio: 1.5; Dividend yield: 1.0%; TSINetwork Rating: Extra Risk; www.stantec.com) offers you exposure to this leading seller of consulting, project-delivery, design and technology services....
AT&T INC. $18 is a buy. The telecom giant (New York symbol T; Income-Growth Portfolio, Utilities sector; Shares outstanding: 7.2 billion; Market cap: $129.6 billion; Dividend yield: 6.2%; Dividend Sustainability Rating: Above Average; www.att.com) merged its WarnerMedia business with Discovery Inc....
TORONTO-DOMINION BANK $89 is a buy. The lender (Toronto symbol TD; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.8 billion; Market cap: $160.2 billion; Price-to-sales ratio: 3.6; Dividend yield: 4.3%; TSINetwork Rating: Above Average; www.td.com) recently formed a new alliance with Canada Post....
CANADIAN NATIONAL RAILWAY CO., $148.60, Toronto symbol CNR, remains a buy.

The company operates Canada’s largest railway. Its 32,200-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.

CN has agreed to a new three-year deal with its 750 unionized signals and communications employees....
ALGONQUIN POWER & UTILITIES CORP., $14.74, Toronto symbol AQN, is a top pick for 2022.

The company has two main businesses: the Regulated Services Group provides regulated electricity, gas, water distribution and wastewater collection services in Canada, the U.S., Chile, and Bermuda; and the Renewable Power Group produces electricity from about 40 clean-energy plants in North America.

Algonquin last raised your quarterly dividend with the July 2022 payment....
ENBRIDGE INC., $51.22, Toronto symbol ENB, is a buy.

The company operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S. It also distributes gas to 3.9 million consumers in Ontario.

Enbridge has agreed to sell a 11.57% stake in seven pipelines to a consortium of 23 First Nations and Métis groups....

These two engineering firms continue to benefit as governments and businesses plan new infrastructure and other projects on easing of the COVID-19 pandemic. Still, Stantec remains the better choice for your new buying as SNC continues to wind down its unprofitable legacy projects.


STANTEC INC....