Q: Pat, I notice that in Canadian Wealth Advisor you recommended the SPDR S&P 500 ETF. Why would this be better than the iShares XSP, which is hedged to the Canadian dollar. Are they not the same?

A: No one can consistently predict currency movements, but we still feel that most investors should remain invested in U.S. stocks. Note that even if the U.S. dollar should fall against the Canadian dollar, your U.S. stocks can still appreciate in value even while the… Read More

Q: Hi, Pat. What do you think about The Chefs’ Warehouse as a stock to buy? Thanks.

A: The Chefs’ Warehouse, $37.92, symbol CHEF on Nasdaq (Shares outstanding: 29.9 million; Market cap: $1.1 billion, www.chefswarehouse.com), distributes specialty food products in the U.S. and Canada.

The company’s product portfolio includes 55,000 products needed by chefs operating in high-end, menu-driven restaurants, fine-dining establishments, country clubs,… Read More

Sysco Corp. sees 15.6% earnings jump

Sysco Corp. sees 15.6% earnings jump

A Member of Pat McKeough’s Inner Circle recently asked for his advice on the world’s largest food distributor to restaurants, schools, health-care facilities and hotels.

Pat notes the company’s product lines and client industries are well-diversified, but he’s wary of its growth through acquisition. That could… Read More