stock pickers
Pat McKeough responds to many personal questions on specific stocks and other investing topics from the members of his Inner Circle. Every week, his comments and recommendations on a selection of the most intriguing questions of the past week go out to all Inner Circle members. And every Friday, we offer you one of the highlights from these Q&A sessions. This week, one Inner Circle member asked for an assessment of a company that at times has been one of Canada’s most impressive growth stocks, but has also seen some sharp declines in its shares, as it did in December. Q: Pat: I currently hold a significant portfolio position of Gildan Activewear. At current levels, does Gildan look attractive? Any views? Thanks in advance....
In the Canadian stock market, strong sustainable dividend yields are usually associated with financial stocks and utilities, not necessarily with industrial stocks that depend more heavily on the overall health of the economy. Yet today we cover one Canadian industrial stock that raised its dividend payment by almost 10% in September and maintains an attractive yield....
Pat McKeough responds to many personal questions on specific stocks and other investing topics from the members of his Inner Circle. Every week, his comments and recommendations on a selection of the most intriguing questions of the past week go out to all Inner Circle members. And every Friday, we offer you one of the highlights from these Q&A sessions. REITs continue to be popular among investors seeking income. Recently, an Inner Circle member asked about a REIT that specializes in big-box outdoor malls and features North America’s most famous big-box chain as its most important tenant. ...
Pat McKeough responds to many personal questions on specific stocks and other investing topics from the members of his Inner Circle. Every week, his comments and recommendations on a selection of the most intriguing questions of the past week go out to all Inner Circle members. And every Friday, we offer you one of the highlights from these Q&A sessions. This week, one Inner Circle member asked for an update on a pipeline firm that sometimes appears to be overshadowed by the most prominent names in the industry like TransCanada and Enbridge. Here is Pat’s reply. ...
PLEASE NOTE: This is our last Hotline for 2011. Our next Hotline will go out on Friday, January 6, 2012. EUROPEAN GOLDFIELDS, $12.13, symbol EGU on Toronto, is now the subject of a friendly takeover bid from Eldorado Gold (symbol ELD on Toronto). The offer is for 0.85 of an Eldorado share and $0.0001 in cash for each European Goldfields share. European Goldfields’ board of directors has approved the takeover. European Goldfields’ Skouries and Olympias gold projects in Greece and its Certej project in Romania would be good fits for Eldorado, which has mines in Greece and Turkey....
Yesterday we discussed the shale revolution. (View the post: Why the shale revolution will make oil price shocks a thing of the past.) The production of natural gas and oil from shale is rising rapidly in North America. This angers some environmentalists, even as it creates jobs and tax revenues at a time of economic uncertainty. More than that, oil production from shale – which will contribute much more to oil reserves than most people realize – is due to alter the balance of supply and demand in international energy. As we begin to depend less on despotic regimes around the world and more on localized, stable energy stocks, it will keep oil prices in check, to the greater benefit of the economy as a whole....
GOODYEAR TIRE & RUBBER., $13.58, symbol GT on New York, expects to restart its flood-damaged plant in Pathum Thani, Thailand, between March and May of 2012. Goodyear closed this facility, which makes a large portion of its consumer and airplane tires, in October 2011. As a result of the flooding, the airline industry could experience a shortage of certain tires in early 2012. To try to prevent this, Goodyear is increasing production at its other aircraft-tire plants, including its facilities in Danville, Virginia; Stockbridge, Georgia; Kingman, Arizona; and Tilburg, in the Netherlands. Even so, the shutdown at the plant in Thailand will weigh on Goodyear’s production, and will hurt the company’s sales and profits in the fourth quarter of 2011 and the first quarter of 2012. But even with this setback, the company’s long-term outlook remains sound....
Carnival Corp. operate as a single business but have separate exchange listings. Stock market investments: Carnival increases earnings despite jump in fuel costs.
EUROPEAN GOLDFIELDS, $12.86, symbol EGU on Toronto, is up almost 29% this week. The rise came after the company confirmed that an unnamed potential buyer has approached it about a takeover offer. Eldorado Gold, symbol ELD on Toronto, is rumoured to be the interested party. European Goldfields’ Skouries and Olympias gold projects in Greece and its Certej project in Romania would be good fits for Eldorado, which already has mines in Greece and Turkey. We’ve said for some time that European Goldfields could become a takeover target as its new mines move toward production. That’s even more of a possibility now, after its recent financing deal with Qatar Holdings LLC, a division of Qatar’s sovereign wealth fund, to develop its mines....