Visa Inc.
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....
CANADIAN NATIONAL RAILWAY CO., $150.98, Toronto symbol CNR, remains a buy for long-term gains.
CN operates Canada’s largest railway. Its 30,250-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.
The company last raised your quarterly dividend with the March 2024 payment....
CN operates Canada’s largest railway. Its 30,250-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.
The company last raised your quarterly dividend with the March 2024 payment....
MCDONALD’S CORP., $295.21, New York symbol MCD, is still your #1 Conservative Buy for 2024.
The company is the world’s largest fast-food chain with over 42,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries.
The company reported higher-than-expected results for its latest quarter, despite lower sales at its international locations, particularly in China and the Middle East....
The company is the world’s largest fast-food chain with over 42,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries.
The company reported higher-than-expected results for its latest quarter, despite lower sales at its international locations, particularly in China and the Middle East....
CANADIAN PACIFIC KANSAS CITY LTD., $107.18, Toronto symbol CP, is still your #1 Conservative Buy for 2024.
The company took its current form in April 2023 when it acquired U.S.-based railway Kansas City Southern (KCS).
CP paid $31 billion U.S....
The company took its current form in April 2023 when it acquired U.S.-based railway Kansas City Southern (KCS).
CP paid $31 billion U.S....
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 the finance sector by holding not just banks, but also insurers, fund managers and so on....
We’ve always said most investors should diversify within the finance sector by holding not just banks, but also insurers, fund managers and so on....
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, now is a good time for new buying....
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....
Like its rival Loblaw, supermarket operator Metro has delivered solid gains for our subscribers over the past several years. In fact, since we first recommended it as a buy in June 1998 at $3.54 a share (adjusted for splits), the stock is up a whopping 2,275.4%.
We expect Metro will continue to move up in the years ahead, thanks in part to improving efficiency.
Retailers typically operate on low margins, so even small cost savings can have a big impact on profits....
We expect Metro will continue to move up in the years ahead, thanks in part to improving efficiency.
Retailers typically operate on low margins, so even small cost savings can have a big impact on profits....
MASTERCARD INC., $492.74, symbol MA on New York, is the world’s second-largest payment processor behind only Visa (symbol V on New York).
Mastercard makes money from every transaction it processes for Mastercard-branded credit cards, both domestically and cross-border....
Mastercard makes money from every transaction it processes for Mastercard-branded credit cards, both domestically and cross-border....
VISA INC. $254 is a buy. The company (New York symbol V; Conservative Growth Portfolio, Finance sector; Shares outstanding: 2.05 billion; Market cap: $520.7 billion; Price-to-sales ratio: 15.5; Dividend yield: 0.8%; TSINetwork Rating: Above Average; www.visa.comwww.visa.com) operates the world’s largest electronic-payments network....