Hi Pat: Could you please provide your opinion on the TMX Group Inc.? The dividend yield looks good, but I am hesitant to invest in this company because there does not appear to be any competition. With no competition, I fear the company may become complacent. Thanks for your help. Cheers.

TMX Group Inc., $33.68, symbol X on Toronto (Shares outstanding: 74.3 million; Market cap: $2.5 billion), owns and operates Canada’s two national stock exchanges. The Toronto Stock Exchange lists senior equities and the TMX Venture Exchange lists junior equities.

TMX Group also owns the Montreal Exchange,… Read More