Metro adds MOI in Ontario

METRO INC., $85.09, is a buy. The company (Toronto symbol MRU; Shares o/s: 222.7 million; Market cap: $19.0 billion; TSINetwork Rating: Average; Yield: 1.6%; www.metro.ca) has now launched its new MOI rewards program across all of its supermarkets and pharmacies in Ontario. It already offers the program at its… Read More

Use diversity to cap volatility of Financial ETFs

Banks and insurance companies have performed strongly over the past year, easily beating the main market indices. However, banks, in particular, use a lot of debt to boost returns, and are prone to volatility when they encounter problems.
We’ve always said most investors should diversify within… Read More

Here are 5 ETFs to buy—and one to switch

The major Canadian and U.S. stock markets, while still subject to volatility, continue to offer attractive returns for investors—especially if you buy the top stocks. All in all, we think that if you can afford to stay in the market for several years or longer,… Read More

Visa hit with anti-trust suit

VISA INC. $270 is still a buy. The company (New York symbol V; Conservative Growth Portfolio, Finance sector; Shares outstanding: 2.0 billion; Market cap: $540.0 billion; Price-to-sales ratio: 16.0; Dividend yield: 0.8%; TSINetwork Rating: Above Average; www.visa.com) operates the world’s largest electronic-payments network. It processes credit, debit, prepaid… Read More