Visa’s fast growth justifies its high valuation

VISA INC. $147 (New York symbol V; Conservative Growth Portfolio, Finance sector; Shares outstanding: 2.3 billion; Market cap: $338.1 billion; Price-to-sales ratio: 16.3; Dividend yield: 0.6%; TSINetwork Rating: Above Average; www.visa.com) operates the world’s largest electronic payments network to process credit, debit, prepaid and commercial transactions in… Read More

Pengrowth loses a listing

PENGROWTH ENERGY $0.97 (Toronto symbol PGF; Shares outstanding: 547.4 million; Market cap: $539.4 million; TSINetwork Rating: Speculative; No dividends paid; www.pengrowth.com) produces oil and natural gas, mostly in Western Canada. This includes its Lindbergh oil sands project in the Cold Lake area of Alberta.
In addition to their… Read More

This new buy is primed for growth

Starbucks’s decision to begin paying a dividend in 2010 only supported our high opinion of the company. However, we continued to resist recommending it to our readers mainly because the stock was trading at an expensive 40 or more times its earnings.
With a current p/e… Read More

Why Do Stocks Split?

Why Do Stocks Split?

Why do stocks split? Companies will often split shares—and, so, prices—to make purchasing the stock cheaper for investors. However, it’s also important to note that a stock that splits is not necessarily a great investment, even if it’s now cheaper.
Why do stocks split? When a.. Read More