Visa Inc.
Higher interest rates, and plans by the U.S. Federal Reserve to further raise them, have spurred big gains for U.S. bank stocks. They’ve also lifted the outlook for other Finance-sector companies.
We continue to recommend investors buy non-bank stocks as a part of their Finance-sector holdings....
We continue to recommend investors buy non-bank stocks as a part of their Finance-sector holdings....
Pennsylvania-based Vanguard Group is one of the world’s largest investment management companies. In all, it administers almost $3 trillion U.S. across 175 mutual funds and ETFs.
Generally speaking, Canadians are unable to buy mutual funds that are registered in the U.S....
Generally speaking, Canadians are unable to buy mutual funds that are registered in the U.S....
A: The Direxion iBillionaire Index ETF, $27.51, symbol IBLN on New York (Units outstanding: 1.4 million; Market cap: $38.5 million; www.direxioninvestments.com), is designed to profit from copying the moves of billionaire investors such as Warren Buffett, Carl Icahn, Daniel Loeb, Bill Ackman and David Tepper.
The ETF began trading on August 1, 2014....
The ETF began trading on August 1, 2014....
In addition to Visa (see page 1), we also like the outlook for these five non-bank, Finance-sector stocks. That includes State Street and T. Rowe Price.
Each of them is a leader in its niche area. That helps cut their risk. They also have done a good job of expanding their profits with attractive acquisitions and improved efficiency....
Each of them is a leader in its niche area. That helps cut their risk. They also have done a good job of expanding their profits with attractive acquisitions and improved efficiency....
Dear client,
Visa seems expensive in relation to its earnings. However, we feel the company’s low-risk business model and strong prospects justify this multiple.
For example, as a payment processor, Visa doesn’t suffer when credit card users fall behind on their payments....
Visa seems expensive in relation to its earnings. However, we feel the company’s low-risk business model and strong prospects justify this multiple.
For example, as a payment processor, Visa doesn’t suffer when credit card users fall behind on their payments....
A: Liberty All-Star Equity Fund, $5.22, symbol USA on New York (Units outstanding: 186.8 million; Market cap: $975.1 million; www.all-starfunds.com), is a closed-end fund that aims to combine the stock recommendations of three value-style and two growth-style investment managers.
The fund started up on October 31, 1986, and its MER is 1.03%.
The fund’s top holdings are Alphabet, Inc., Mondelez International, Visa Inc., Salesforce.com, Facebook, Inc., The Priceline Group, Amazon.com, Halliburton Co., Adobe Systems and Bank of America Corp.
Liberty All-Star Equity Fund takes on an above-average level of risk with its holdings: its highest industry group weighting is Information Technology at 21.4%.
The fund also has a high 9.2% yield....
The fund started up on October 31, 1986, and its MER is 1.03%.
The fund’s top holdings are Alphabet, Inc., Mondelez International, Visa Inc., Salesforce.com, Facebook, Inc., The Priceline Group, Amazon.com, Halliburton Co., Adobe Systems and Bank of America Corp.
Liberty All-Star Equity Fund takes on an above-average level of risk with its holdings: its highest industry group weighting is Information Technology at 21.4%.
The fund also has a high 9.2% yield....
Pennsylvania-based Vanguard Group is one of the world’s largest investment management companies. In all, it administers almost $3 trillion U.S. across 175 mutual funds and ETFs.
Generally speaking, Canadians are unable to buy mutual funds that are registered in the U.S....
Generally speaking, Canadians are unable to buy mutual funds that are registered in the U.S....
Like most Canadian banks, TD has consistently raised its dividend over the last 20 years. The bank’s continued success at finding new areas for revenue growth should sustain those increases.
TORONTO-DOMINION BANK $60 (Toronto symbol TD; Income Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 1.9 billion; Market cap: $114.0 billion; Price-to-sales ratio: 3.6; Dividend yield: 3.7%; Dividend Sustainability Rating: Highest; www.td.com) gets 62% of its earnings from Canadian retail banking; that operation serves 15 million customers through 1,157 branches.
In the U.S., the bank operates 1,264 branches along the East Coast, from Maine to Florida....
TORONTO-DOMINION BANK $60 (Toronto symbol TD; Income Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 1.9 billion; Market cap: $114.0 billion; Price-to-sales ratio: 3.6; Dividend yield: 3.7%; Dividend Sustainability Rating: Highest; www.td.com) gets 62% of its earnings from Canadian retail banking; that operation serves 15 million customers through 1,157 branches.
In the U.S., the bank operates 1,264 branches along the East Coast, from Maine to Florida....
We still think investors will profit most—and with the least risk—by buying shares of well-established, dividend-paying stocks with strong business prospects.
These are companies that have leading positions in healthy industries. They also have strong management that will make the right moves to remain competitive in a changing marketplace.
Stocks such as these give investors an additional measure of safety in today’s volatile markets....
These are companies that have leading positions in healthy industries. They also have strong management that will make the right moves to remain competitive in a changing marketplace.
Stocks such as these give investors an additional measure of safety in today’s volatile markets....
VISA INC. $80 (New York symbol V; Conservative Growth Portfolio, Finance sector; Shares outstanding: 2.4 billion; Market cap: $192.0 billion; Price-to-sales ratio: 13.3; Dividend yield: 0.7%; TSINetwork Rating: Above Average; www.visa.com) gets most of its revenue from the fees it charges credit- and debit-card issuers and merchants that use its electronic payments network....