stantec

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

J.P. MORGAN CHASE & CO., $114.76, New York symbol JPM, remains a buy.

The stock lets investors tap the largest banking firm in the U.S., with total assets of $3.84 trillion as of June 30, 2022.

Morgan last raised your quarterly dividend with the October 2021 payment by 11.1%, to $1.00 a share from $0.90....
NUTRIEN LTD., $95.39, Toronto symbol NTR, remains a buy for aggressive investors.

The company is the world’s largest producer of agricultural fertilizers. It took its current form on January 1, 2018, when Agrium Inc. (old symbol AGU) merged with rival Potash Corp....
CANADIAN NATIONAL RAILWAY CO., $144.79, Toronto symbol CNR, remains a buy.

CN 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.

With the March 2022 payment, CN raised its quarterly dividend by 19.1%....
CANADIAN NATIONAL RAILWAY CO., $146.75, Toronto symbol CNR, remains a buy.

CN 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.

About 750 of CN’s signal and communications workers (3% of its total workforce) went on strike last weekend after their union and the company failed to reach a new contract deal.

So far, the walkout has had little impact on CN’s operations....
MOLSON COORS CANADA INC. is still a hold. The company (Toronto symbols TPX.A $74 and TPX.B $67; Conservative Growth Payer Portfolio, Consumer sector; Shares outstanding: 216.9 million; Market cap: $14.5 billion; Dividend yield: 2.9%; Dividend Sustainability Rating: Average; www.molsoncoors.com) is the world’s fifth-largest beer brewer....
Both of these engineering firms mainly focus on designing and consulting services. That cuts their risk to expensive cost overruns. We feel Stantec remains the better pick as it has much less exposure to unprofitable legacy projects.


STANTEC INC....
TECK RESOURCES LTD., $54.46, Toronto symbol TECK.B, remains a buy for investors seeking long-term gains from the Resources sector of their portfolio.

The company is a leading producer of metallurgical coal, a key ingredient in steelmaking. It also produces copper and zinc....
WELLS FARGO & CO. $51 remains a buy. The bank (New York symbol WFC; Conservative-Growth Payer Portfolio, Finance sector; Shares outstanding: 3.8 billion; Market cap: $193.8 billion; Dividend yield: 2.0%; Dividend Sustainability Rating: Average; www.wellsfargo.com) had total assets of $1.95 trillion as of December 31, 2021....
TORONTO-DOMINION BANK, $98.54, Toronto symbol TD, is a buy.

TD is now buying U.S. banking firm First Horizon Corporation (New York symbol FHN). Based in Memphis, Tennessee, it operates 412 branches in 12 states that serve 1.1 million customers.

The purchase will make TD’s banking operations the sixth largest in the U.S., with assets of $614 billion U.S....
STANTEC INC. $70 is a buy. The engineering firm (Toronto symbol STN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 111.1 million; Market cap: $7.8 billion; Price-to-sales ratio: 1.6; Dividend yield: 1.0%; TSINetwork Rating: Extra Risk; www.stantec.com) is now buying Cox|McLain Environmental Consulting, Inc....