L Brands opts for spinoff over sale

L BRANDS INC., $66 is a spinoff buy. The merchant (New York symbol LB; Consumer sector; Shares outstanding: 277.8 million; Market cap: $18.3 billion; Dividend yield: 0.9%; Takeover Target Rating: Medium; www.lb.com) owns two retail chains: Victoria’s Secret stores (which sell lingerie); and Bath &… Read More

Earnings jumped 18.2% at Metro Inc.

Earnings jumped 18.2% at Metro Inc.

Consumer stocks with good brands and market leadership are in a strong position to increase earnings as the COVID-19 pandemic eases. 

In the meantime, the consumer shift to eating at home contributed to this retail giant’s 11.6% revenue growth in the most-recent quarter.

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METRO INC. (Toronto symbol… Read More

Canada’s new marijuana laws don’t make Canadian Marijuana stocks a ‘buy’

Canada’s new marijuana laws don’t make Canadian Marijuana stocks a ‘buy’

Why decriminalization of marijuana and investment by big Canadian names doesn’t change our opinion of Canadian Marijuana stocks
Interest in Canadian marijuana stocks stems from Fall 2018’s legalization of recreational cannabis. Today, investors continue to search for ways to tap in to those sales and profit from future growth. The federal government’s legislation… Read More