transcontinental

TRANSCONTINENTAL INC. $16 is still a buy for aggressive investors. The company (Toronto symbol TCL.A; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 86.9 million; Market cap: $1.4 billion; Price-to-sales ratio: 0.5; Dividend yield: 5.6%; TSINetwork Rating: Average; www.tctranscontinental.com) is Canada’s leading commercial printer....

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....

ROYAL BANK OF CANADA, $137.32, Toronto symbol RY, is a buy.

The bank will now purchase U.K.-based wealth management firm Brewin Dolphin Holdings Plc. Its assets under management totalled 59 billion British pounds (roughly $101 billion Canadian) as of December 31, 2021.

Royal will pay $2.6 billion for Brewin Dolphin....

CANADIAN TIRE CORP., $177.73, Toronto symbol CTC.A, is a buy.

Investors tap the company’s 504 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations. Still, the company’s other operations also enrich its outlook....

CP Rail has been one of our favourite stocks over the past two decades. In fact, we made it the #1 Conservative Buy for our flagship newsletter The Successful Investor in 2019, 2020 and 2021. Our confidence has been rewarded: In the past three years, the stock has gained an impressive 88.9% compared to just 41.7% for the S&P/TSX Composite Index.

We feel CP’s merger with U.S.-based railway Kansas City Southern will push the stock even higher over the next few years.

While big takeovers like this always entail risk, the purchase will greatly extend CP’s reach in the U.S....

EMERA INC. $60 is a buy. The company (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 256.5 million; Market cap: $15.4 billion; Price-to-sales ratio: 2.8; Dividend yield: 4.4%; TSINetwork Rating: Average; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier....

Download our free report and discover 7 stocks due for big gains after investors use tax-loss selling to cut their Canadian capital gains tax.

TRANSCONTINENTAL INC. $19 is still a buy. Canada’s largest commercial printing company (Toronto symbol TCL.A; Cyclical-Growth Portfolio, Consumer sector; Shares outstanding: 77.1 million; Market cap: $1.5 billion; Dividend yield: 4.7%; Dividend Sustainability Rating: Above Average; www.tctranscontinental.com) last raised your dividend with the April 2020 payment....

While most investors get the bulk of their dividend income from utilities and banks, we recommend they add other dividend-paying stocks from our Aggressive Growth Portfolio such as the three we analyze below. Each of the three is in a strong position to benefit as the economy continues to re-open, spurring cash flow and dividend increases.


RIOCAN REAL ESTATE INVESTMENT TRUST $22 is a buy. The REIT (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 317.8 million; Market cap: $7.0 billion; Price-to-sales ratio: 5.8; Distribution yield: 4.4%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 214 shopping centres and other properties across Canada....

TECK RESOURCES LTD. $29 is a buy. The company (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 531.1 million; Market cap: $15.4 billion; Price-to-sales ratio: 1.5; Dividend yield: 0.7%; TSINetwork Rating: Extra Risk; www.teck.com) is a leading producer of copper, gold, zinc and metallurgical coal (which is used for making steel).


Due to smoke from wildfires in B.C., the company has curtailed operations at its smelter in Trail....