Utilities: Stable growth adds to their appeal

As a group, higher-yielding stocks, such as utilities, have lagged the broader indexes over the past decade. Part of that was due a preference by many investors for faster growing tech stocks such as Netflix, Apple, Alphabet, Facebook and so on.
Moreover, utilities and other other… Read More

CANADIAN TIRE CORP. $45 – Toronto symbol CTC.A

CANADIAN TIRE CORP. $45 (Toronto symbol CTC.A; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 81.5 million; Market cap: $3.7 billion; Price-to-sales ratio: 0.4; SI Rating: Above Average) operates 475 stores that sell automotive, household and sporting goods. It also operates 86 PartSource auto-parts stores, 372… Read More

IGM FINANCIAL INC. $33 – Toronto symbol IGM

IGM FINANCIAL INC. $33 (Toronto symbol IGM; Conservative Growth Portfolio, Finance sector; Shares outstanding: 262.4 million; Market cap: $8.7 billion; Price-to-sales ratio: 3.2; SI Rating: Above Average) is Canada’s largest mutual fund company. It manages $98.8 billion of assets. Power Corp. owns 56.4% of IGM.

IGM… Read More

Look beyond banks for Finance growth

We continue to recommend that all investors own at least two of Canada’s big-five banks. But these should not be the extent of your financial holdings. Other types of financial investments, such as high-quality insurance companies, should play a role in your portfolio, as well.

Here… Read More