value

Dream Office REIT offers a high 4.4% yield as it looks to lower risks and capitalize on its prime location dominance in downtown Toronto.

A: When a company splits its shares, it is simply cutting itself up into a different number of pieces, without changing its fundamental value. It simply wants its stock to trade in a price-per-share range that seems reasonable to investors.

Mechanics of a split: If a stock’s price rises much beyond $50 a share in Canada (or $100 a share in the U.S.), some investors may shun it since it seems expensive....

TC ENERGY INC., $62.81, Toronto symbol TRP, is a buy.

TC generates steady cash flow for investors mainly through a 93,300-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. It also owns gas pipelines in Mexico, and owns or invests in 10 power plants in Canada and the U.S.

On October 1, 2024, the company completed the spinoff of its oil pipeline business as separate company South Bow Corp....

ALPHABET INC., Nasdaq symbols GOOG $164.52 [class C: non-voting] and GOOGL $163.24 [class A: one vote per share], is your #1 Aggressive buy for 2024.

The company is the parent of Google, the world’s leading Internet search engine—it handles over 80% of global search requests....

TORONTO-DOMINION BANK, $78.48, Toronto symbol TD, remains a buy for patient, income-seeking investors.

The stock fell 9% this week after the bank agreed to pay a fine of $3.09 billion U.S. due to lapses in its anti-money laundering processes at its U.S....

The shares of IGM Financial are up over 20% since the start of 2024, as rising stock market values have lifted the fee income it earns on the assets under its management. The company’s outlook remains bright, as more baby boomers will turn to professional advisors as they retire....

These high-yielding utility stocks continue to move up, as falling interest rates make them more attractive to income-seeking investors. Lower interest rates will also make it easier for them to fund their new projects and acquisitions. That ultimately makes room for more dividend increases.


FORTIS INC....

Prominent investor Warren Buffett once remarked that “Common yardsticks such as dividend yield, the ratio of price to earnings or to book value, and even growth rates have nothing to do with valuation except to the extent they provide clues to the amount and timing of cash flows into and from the business.”


Stock analysis that examines a company’s free cash flow can cut through the unpredictability of how the business chooses to report its earnings....

From its bottom in March 2020 until mid-2021, the Korea Exchange advanced 120% on the back of a retail trading frenzy. Retail investors (locally known as “ants”) became large-scale participants in Korean stocks. Social media played a large role in fuelling speculative trading activities.


Large, global companies such as Samsung, Posco, LG Electronics, Hynix, and Hyundai performed well, but the speculators’ favourites such as Kakao and Seegene rose between 450% and 1,200%.


But all speculative bubbles eventually burst.


When we last wrote about this in September 2022 we commented on the sharp declines in the prices of not only the speculative stocks but also stocks that represent highly rated Korean companies.


For example, Samsung Electronics, one of the top global consumer electronics and semiconductor manufacturers, saw a share price decline of 40%, while the price of semiconductor producer SK Hynix declined 49%....

When we last wrote about South Korea—in late 2022—we pointed out that the country’s stocks had seen a two-year run-up in prices and then a sharp decline. That left many high-quality companies trading at attractive valuations. Since that time the South Korean market has gained 25%, but is still well off its peak....