value

Precious metals should let you profit over the next few years if interest rates begin falling (a clear possibility). That lowers the appeal of the U.S. dollar and increases the appeal of gold—and other precious metals—as a store of value. Here we look at three ETFs that aim to benefit from the long-term positive trends in precious metals (see the supplement on page 59 for more on precious metals and their role in your portfolio).


SPROTT PHYSICAL GOLD AND SILVER TRUST $29.44 (Toronto symbol CEF; TSINetwork ETF Rating: Aggressive; Market cap: $6.2 billion) invests in physical gold and silver bullion held in the vaults of the Royal Canadian Mint....
Look for Canadian income trusts or REITs that focus on investment inputs as well as investment outputs. Here are 9 criteria.
Demand for electrical power in Canada continues to rise due to several factors. Those include an expanding population and the shift to electric-powered cars. Moreover, the construction of new datacentres to handle power-intense artificial intelligence will also spur electricity demand.


A good way for investors to tap those trends is with these three high-quality power utilities....
RESMED INC., $216.98, is a buy. The firm, symbol RMD on New York, helps investors tap the growing market for medical devices used to treat sleep apnea. ResMed’s CPAP (nasal continuous positive airway pressure) devices are also used to treat patients with chronic obstructive pulmonary disease as well as other respiratory conditions.

With each new machine ResMed sells, it also acquires a potential long-term customer for replacement parts....
INTERNATIONAL BUSINESS MACHINES CORP., $165.71, New York symbol IBM, is a top pick for 2024.

The company is one of the world’s largest computer firms, with operations in over 175 countries.

With the June 2024 payment, IBM will raise your quarterly dividend by 0.6%, to $1.67 a share from $1.66....
MCDONALD’S CORP., $270.31, New York symbol MCD, is your #1 Conservative Buy for 2024.

The company is the world’s largest fast-food chain with over 40,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries.

McDonald’s continues to benefit from its recent price hikes, which help offset rising labour and other operating costs....
POWER CORP., $36.86, is a buy. The conglomerate (Toronto symbol POW; Shares o/s: 600.8 million; Market cap: $24.3 billion; Rating: Above Average; Yield: 6.1%) has several primary investments, including controlling stakes in Canadian financial services firms Great-West Lifeco (insurance) and IGM Financial (mutual funds)....
ENBRIDGE, $48.99, is a buy. The firm (Toronto symbol ENB; Shares o/s: 2.1 billion; Market cap: $104.1 billion; TSINetwork Rating: Above Average; Yield: 7.5%; www.enbridge.com) continues to expand its renewable power operations as it aims to cut its greenhouse gas emissions to “net zero” by 2050....
Unlocking superior returns with small-cap stocks involves navigating the high-risk, high-reward landscape.
BOSTON SCIENTIFIC CORP., $73.17, is a buy. The company (symbol BSX on New York) develops and markets medical devices used in minimally invasive procedures. Its products are used for angioplasty (blood vessel repair), blood clot filtration, cardiac rhythm management, catheter-aided ultrasound imaging, and many other surgical procedures....