Dividend Advisor Hotline – Friday, March 1, 2024

LOBLAW COMPANIES LTD., $145.13, Toronto symbol L, is a buy.

The company operates 1,104 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills.

In March 2014, it purchased the Shoppers Drug Mart chain for $12.3 billion in cash and shares. Shoppers operates 1,351… Read More

Canadian blue chips dominate these two Canadian ETFs

Canadian blue chips dominate these two Canadian ETFs

These two Canadian ETFs track Canada’s best-established indexes and provide low-fee exposure to widely traded blue chip stocks.
When you invest in ETFs, simpler is generally better. And each of these two Canadian ETFs provides a straightforward approach to investing in a selection of Canada’s top… Read More

Here are key updates on your holdings

SUNCOR ENERGY INC. $43 is a buy. The company (Toronto symbol SU; Conservative Growth Portfolio, Resources sector; Shares o/s: 1.3 billion; Market cap: $55.9 billion; Price-to-sales ratio: 1.1: Dividend yield: 4.8%; TSINetwork Rating: Average; www.suncor.com) recently announced a new strategy under which it will focus on its core… Read More