Updating Indigo, Tim Hortons, Pengrowth and Linamar

Article Excerpt

INDIGO BOOKS & MUSIC INC. $15 (www.chapters.indigo.ca) continues to see strong demand for its Kobo e-book downloading service. During the 2010 Christmas shopping season, the company’s e-book sales were 50 times higher than a year earlier. Kobo now has customers in over 130 countries. Hold. TIM HORTONS INC. $43 (www.timhortons.com) recently opened a new online store that ships its coffee, tea, travel mugs and other items to all 50 U.S. states. This will mainly appeal to Canadians living in the U.S., but it does give the company a cheap way to expand its U.S. sales. Best Buy. PENGROWTH ENERGY CORP. $13 (www.pengrowth.com) is the new name for Pengrowth Energy Trust (old symbol PGF.UN) after its conversion to a dividend-paying corporation on January 1, 2011. Pengrowth has large tax pools it can use to offset the new taxes. That will let it keep its monthly payout at $0.07 a share, for an annualized yield of 7.7%. Best Buy. LINAMAR CORP. $23…

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