Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, March 26, 2010

Article Excerpt

DUNDEEWEALTH INC., $14.78, symbol DW on Toronto, manages investments and operates a brokerage business. The company also owns the Dynamic family of mutual funds, and provides financial-planning and investment advice. DundeeWealth has raised its quarterly dividend by 100%, to $0.07 per share from $0.035. The shares now yield 1.9%. The company had already raised its dividend by 75%, to $0.035 per share from $0.02 with the October 2009 payment. DundeeWealth is still a buy. STORNOWAY DIAMOND, $0.65, symbol SWY on Toronto, shot up 30% this week. The shares are now up more than five-fold from their low of $0.11 last August. The price jump came after the company revealed an updated preliminary economic assessment that predicts its Renard diamond project in Quebec could be almost twice as profitable as expected. Stornoway holds a 50% interest in the Renard project, which could become Quebec’s first diamond mine. The property is one of Stornoway’s 20 diamond-exploration properties across Canada. Agnico-Eagle (Toronto symbol…