The Successful Investor Hotline – Friday, March 13, 2015

Article Excerpt

LOBLAW COMPANIES LTD., $61.78, Toronto symbol L, operates around 1,140 supermarkets across Canada, mainly under the Loblaw, Provigo, Real Canadian Superstore and No Frills banners. In March 2014, it purchased Shoppers Drug Mart, which operates 1,300 drugstores. This week, the company announced that it would build 50 new stores and renovate 100 others in 2015. In addition, it continues to expand its e-commerce operations. In all, Loblaw expects to spend $1.2 billion on these projects. That’s equal to the $1.2 billion, or $3.22 a share, it earned in 2014, excluding costs to integrate Shoppers. These improvements should help Loblaw compete with Wal-Mart, which continues to add to its grocery offerings. Loblaw is a buy. Loblaw was recently covered in the February 2015 issue of The Successful Investor. Click here to access it. Loblaw was recently covered in the December 2014 issue of The Successful Investor. Click here to access it. CANADIAN NATIONAL RAILWAY CO., $86.37, Toronto symbol CNR, continues to benefit from its terminal at Prince Rupert,…