teck resources
SUNCOR ENERGY INC., $39.78, Toronto symbol SU, remains a buy.
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. Suncor also operates four refineries (three in Canada and one in Colorado), along with 1,875 Petro-Canada gas stations.
This week, Suncor announced a new deal with activist investment firm Elliott Management, which owns 3.4% of the company’s shares.
Under this agreement, Suncor appointed three of Elliott’s representatives to its now 13-member board of directors....
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. Suncor also operates four refineries (three in Canada and one in Colorado), along with 1,875 Petro-Canada gas stations.
This week, Suncor announced a new deal with activist investment firm Elliott Management, which owns 3.4% of the company’s shares.
Under this agreement, Suncor appointed three of Elliott’s representatives to its now 13-member board of directors....
NUTRIEN LTD., $95.39, Toronto symbol NTR, remains a buy for aggressive investors.
The company is the world’s largest producer of agricultural fertilizers. It took its current form on January 1, 2018, when Agrium Inc. (old symbol AGU) merged with rival Potash Corp....
The company is the world’s largest producer of agricultural fertilizers. It took its current form on January 1, 2018, when Agrium Inc. (old symbol AGU) merged with rival Potash Corp....
CGI INC., $102.54, Toronto symbol GIB.A, is your #1 Aggressive Buy for 2022.
The stock lets investors tap Canada’s largest provider of computer outsourcing services. It helps its clients automate certain routine functions like accounting and buying supplies....
The stock lets investors tap Canada’s largest provider of computer outsourcing services. It helps its clients automate certain routine functions like accounting and buying supplies....
GREAT-WEST LIFECO INC. $33 (www.greatwestlifeco.com) is a hold. The company is Canada’s second-largest life insurer, after Manulife Financial. Canada’s banking regulator—the Office of the Superintendent of Financial Institutions—has lifted the restrictions on capital distributions placed on banks and insurers due to COVID-19 uncertainty....
CANADIAN PACIFIC RAILWAY LTD., $94.69, Toronto symbol CP, is your #1 Conservative Buy for 2022.
CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.
The company has formed a new alliance with French container shipping firm CMA CGM Group.
Under this multi-year pact, CP will be the primary rail carrier for CMA CGM’s freight through the ports of Vancouver, Montreal and Saint John, New Brunswick....
CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.
The company has formed a new alliance with French container shipping firm CMA CGM Group.
Under this multi-year pact, CP will be the primary rail carrier for CMA CGM’s freight through the ports of Vancouver, Montreal and Saint John, New Brunswick....
TECK RESOURCES LTD., $54.46, Toronto symbol TECK.B, remains a buy for investors seeking long-term gains from the Resources sector of their portfolio.
The company is a leading producer of metallurgical coal, a key ingredient in steelmaking. It also produces copper and zinc....
The company is a leading producer of metallurgical coal, a key ingredient in steelmaking. It also produces copper and zinc....
SAPUTO INC. $30 is a hold. The company (Toronto symbol SAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 414.4 million; Market cap: $12.4 billion; Price-to-sales ratio: 0.9; Dividend yield: 2.4%; TSINetwork Rating: Average; www.saputo.com) is Canada’s largest producer of dairy products....
ROYAL BANK OF CANADA, $140.37, Toronto symbol RY, is a buy.
Royal continues to benefit from higher loan demand from consumers and businesses as the economy recovers from COVID-19 lockdowns. Rising stock markets also boosted results at its wealth management division.
In the bank’s first quarter of fiscal 2022, ended January 31, 2022, earnings rose 6.4%, to $4.10 billion from $3.85 billion....
Royal continues to benefit from higher loan demand from consumers and businesses as the economy recovers from COVID-19 lockdowns. Rising stock markets also boosted results at its wealth management division.
In the bank’s first quarter of fiscal 2022, ended January 31, 2022, earnings rose 6.4%, to $4.10 billion from $3.85 billion....
CANADIAN PACIFIC RAILWAY LTD., $92.27, Toronto symbol CP, is your #1 Conservative Buy for 2022.
CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.
The company is now in the process of merging with U.S.-based railway Kansas City Southern....
CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.
The company is now in the process of merging with U.S.-based railway Kansas City Southern....
WESTSHORE TERMINALS INVESTMENT CORP. $27 (Toronto symbol WTE; Shares outstanding: 63.3 million; Market cap: $1.7 billion; Dividend yield: 3.7%; www.westshore.com) operates a coal storage and loading terminal at Roberts Bank, B.C.
Westshore ships both metallurgical coal (for steelmaking) and thermal coal (for power plants)....
Westshore ships both metallurgical coal (for steelmaking) and thermal coal (for power plants)....