value

A: If you take account of your own financial and personal circumstances and temperament, and if you invest as we advise (diversifying across most if not all of the five main economic sectors, while confining your investments mainly to well-established companies), you will automatically buy some growth stocks and some value stocks; you will also automatically buy some small-company stocks and some big-company stocks....
Finning International’s shares have gained over 197% since the COVID-19 pandemic, as governments invested in new public infrastructure projects. That has increased demand for its construction equipment. New mining projects in Canada and South America have also spurred its growth.

The company’s customers operate in cyclical industries, which adds to its risk....
FedEx is poised to trim $4 billion in costs with an efficiency plan as its buyback strategy boosts earnings and its Freight spinoff promises to unlock extra value.
INTACT FINANCIAL CORP., $288.21, is a buy. The stock (symbol IFC on Toronto) offers investors exposure to Canada’s largest provider of property and casualty insurance. Intact insures more than five million individuals and businesses. Its major brands are Intact Insurance, Canada BrokerLink and belairdirect.

In a bid to add value for investors, the company acquired OneBeacon Insurance Group for $1.7 billion U.S....
MCDONALD’S CORP., $308.55, New York symbol MCD, is a buy.

This fast-food giant is the world’s largest fast-food chain with over 43,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries.

The company reported lower-than-expected revenue for its latest quarter, mainly due to a drop in traffic at its U.S....
TELUS CORP., $21.80, Toronto symbol T, is your #1 Income Buy for 2025.

The company is Canada’s largest wireless carrier with 13.88 million subscribers (including non-cellphone devices such as tablets). It also sells landline phone, Internet and TV services in B.C., Alberta and eastern Quebec.

Starting in 2011, Telus began rewarding its shareholders with twice yearly dividend increases....
Traditional telecommunications service providers, such as Telus and BCE, are trading at substantially lower valuations compared to other “infrastructure” type companies. This is not only true for Canadian companies, but also for U.S. and other similar companies in Europe.


Growth and profitability: Railways in the lead


In order to compare the various infrastructure groups, we selected the main Canadian and U.S....
Commerce conducted online exploded in 2020 to 2021 as the COVID-19 pandemic limited consumers’ access to shopping malls and other traditional shopping outlets. When shoppers returned to the physical stores in 2022, the growth in e-commerce stalled, but the upward trend resumed in 2023.


The growth in shopping online is helped along by the increased use of mobile devices, the ease and convenience of conducting transactions, the growth in social commerce (“influencers” via Facebook, TikTok, and Instagram), and sellers becoming better informed about consumer preferences using artificial intelligence.


Online shoppers now count for an estimated 2.7 billion or a third of the global population....
AstraZeneca is a major developer and distributor of pharmaceutical products. It’s also the largest holding in the iShares MSCI United Kingdom ETF.


The company is listed on the London Stock Exchange with a market value of $212 billion U.S.—comparable to the market values of Roche, Novartis, Novo Nordisk, and Johnson & Johnson....
Alimentation Couche-Tard has rewarded our subscribers with big gains over the years. We first recommended this convenience store giant in our December 2008 issue at $15.50 a share. Since then, the stock has split 3-for-1 and then 2-for-1. That takes our cost down to $2.58 a share—and gives you a tremendous 2,708.1% gain!

Note that Couche-Tard’s growth by acquisition still carries risk—more on that below, including an update on the company’s most recent attempts to purchase the 7-Eleven chain....