TD

TORONTO-DOMINION BANK $87 is a buy. The lender (Toronto symbol TD; Income-Growth Payer Portfolio; Finance sector; Shares outstanding: 1.8 billion; Market cap: $156.6 billion; Dividend yield: 4.1%; Dividend Sustainability Rating: Highest; www.td.com) last raised your quarterly dividend with the January 2022 payment....
Investors searching for Canadian growth stocks need to consider a range of factors. Here are the key ones for maximum portfolio returns.
Judging by reports in the media, today’s most-asked investment question is, “What’s going to happen with inflation?”

It’s easy to understand the high level of interest. If you knew where inflation would go—up, down or sideways—it would give you an enormous advantage as an investor....
MAJOR DRILLING GROUP INTERNATIONAL INC., $11.64, is a buy for aggressive investors. The company (symbol MDI on Toronto) is a large contract driller mainly serving the mining industry.

The stock jumped over 10% this week after the company reported stronger results in the latest quarter.

Demand for Major’s specialized drilling services, especially from senior gold producers, is beginning to recover....
TORONTO-DOMINION BANK $95 is a buy. The lender (Toronto symbol TD; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.8 billion; Market cap: $171.0 billion; Price-to-sales ratio: 3.9; Dividend yield: 3.7%; TSINetwork Rating: Above Average; www.td.com) continues to benefit from rising loan demand and credit card use as the economy re-opens in the wake of COVID-19 shutdowns.


In its fiscal 2022 second quarter, ended April 30, 2022, revenue rose 7.9%, to $11.04 billion from $10.23 billion a year earlier.


TD is also setting aside more funds to cover future bad loans as the economy recovers....
TD BANK, $94.24, (Toronto symbol TD; Shares o/s: 1.8 billion; Market cap: $169.9 billion; TSINetwork Rating: Above Average; Div. yield: 3.8%; www.td.com) is a buy. The bank merged its 43%-owned U.S. online brokerage firm TD Ameritrade Holding Corp....
METRO INC., $69.82, Toronto symbol MRU, remains a buy.

The company operates 950 grocery stores and 650 drugstores, in Quebec, Ontario and New Brunswick.

To offset rising costs for labour and the impact of COVID-19 on its supply chains, Metro continues to raise its selling prices.

In the company’s fiscal 2022 second quarter, ended March 12, 2022, its overall sales rose 1.9%, to $4.27 billion from $4.19 billion a year earlier....
Canada’s top banks continue to rebound from their pandemic lows, as an expected surge in loan writeoffs failed to materialize. The recent increase in the Bank of Canada’s benchmark lending rate, as well as more hikes likely this year, will also lift their earnings....
Shares of Bank of Nova Scotia continue to rebound as the economy recovers from the COVID-19 pandemic. Still, they have lagged the gains of Canada’s other four big banks (see page 43).


That’s mainly because Bank of Nova Scotia has shifted its international focus in the past few years to four countries in Latin America—Mexico, Peru, Colombia and Chile....
iShares Canadian Select Dividend Index ETF yields 3.7% with a 0.55% MER and offers great diversity by holding 30 of the highest-yielding Canadian stocks.