Updating Andres Wines Ltd., Canadian Tire Corp., CAE Inc., FPI Ltd. and Torstar Corp.

Article Excerpt

ANDRES WINES LTD. $34 (Toronto symbol ADW.A; Income Portfolio, Consumer sector; SI Rating: Above average) has gained roughly 10% since it said it would split its stock on a 3-for-1 basis in October 2006. That should greatly improve the stock’s liquidity. Andres also plans to change its name to Andrew Peller Limited. Thanks to strong demand for premium wines, which generate higher profits than its regular brands, Andres increased its dividend for the first time since 1997, from $0.644 a share (pre-split) to $0.759. It now yields 2.2%. Andres Wines is a buy. CANADIAN TIRE CORP. $68 (Toronto symbol CTC.A; Conservative Growth Portfolio, Consumer sector; SI Rating: Above average) earned $1.23 a share in the three months ended July 1, 2006, up 18.3% from $1.04 a year earlier. These figures exclude non-recurring items. Revenue rose 11.4%, to $2.25 billion from $2.02 billion, due to strong demand for seasonal goods at its retail stores and the expansion of women’s apparel at the Mark’s Work Wearhouse…

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