Sobeys Inc. $38 – Toronto symbol SBY

Sobeys Inc. $38 – Toronto symbol SBY

Sobeys has undergone significant changes since this article was published in 2006, including its delisting by owner Empire Company LTD. See below for that June 2016 update, following an Oct. 2019 update on Empire.
2019:

Empire Company Ltd., $30.50, symbol EMP.A on Toronto (Shares outstanding: 269.1… Read More

Cash flow soared 182.2% at Imperial Oil Ltd.

Cash flow soared 182.2% at Imperial Oil Ltd.

Improved bitumen prices led to a 104.1% jump in revenue for this company during the most-recent quarter.

Exploration and upgrades coupled with increased production should boost its numbers even further.

Meanwhile the stock trades at just 10.0 times the company’s 2022 earnings forecast.

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IMPERIAL OIL LTD. (Toronto symbol… Read More

Alcoa remains the better pick for now

On November 1, 2016, Arconic spun off its bulk aluminum business as Alcoa. Investors received one Alcoa share for every three Arconic shares they owned.
Alcoa is now up over 300% since the split, thanks largely to rising aluminum demand and prices as the global economy… Read More

Cenovus Energy Inc. is set to keep growing

Cenovus Energy Inc. is set to keep growing

Despite volatile crude prices, all investors should maintain some exposure to the oil and gas industry due to its huge importance to global economic growth.

Well-established producers like this one, whose recent purchase of rival Husky Energy adds to its already impressive reserves, is a strong… Read More

Let Cenovus cut your oil risk

Despite volatile crude prices, we continue to advise all investors to maintain some exposure to the oil and gas industry. That advice reflects oil’s huge importance to global economic growth even as governments impose new regulations to cut carbon emissions.
We also recommend investors stick with… Read More