In addition, Pat thinks then beginner investors should cultivate two important qualities: a healthy sense of skepticism and patience.
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Investors should approach all investments with a healthy sense of skepticism. This can help keep you out of fraudulent stocks that masquerade as high-quality stocks. It will also keep you out of legally operated, but poorly managed, companies that promise more than they can possibly deliver.
If you are a new investor, you should also realize that losing patience can cause you to sell your best choices right before a big rise. All too often, investors buy a promising stock just as it enters a period of price stagnation. Even the best-performing stocks run into these unpredictable phases from time to time. They move mainly sideways in a wide range for months or years before their next big rise begins. (Stock brokers often refer to these stocks as “dead money.”)
If you lack patience, you run a big risk of selling your best choices in the midst of one of these phases, prior to the next big move upward. If you lose patience and sell, you are particularly likely to do so in the low end of the trading range, when stock prices have weakened and confidence in the stock has waned.
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TC generates steady cash flow for investors mainly through a 93,700-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. Its other operations include 4,900 kilometres of crude oil pipelines and nine power plants.
With the April 2023 payment, the company raised your quarterly dividend by 3.3%, to $0.93 a share from $0.90....
The company is Canada’s largest traditional telephone service provider. It has 2.10 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. It also has 4.34 million high-speed Internet users and 2.72 million TV subscribers (satellite and fibre-optic)....
The company is one of the world’s largest makers of prescription drugs. Its top-selling brands include Enbrel (arthritis), Ibrance (breast cancer) and Prevnar (pneumonia).
Sales in the three months ended June 30, 2023, fell 54.1%, to $12.73 billion from $27.74 billion a year earlier....
You Can See Our CWA Safety-Conscious Stock Portfolio For August 2023 Here.
We think investors will profit most—and with the least risk—by buying shares of well-established companies with strong business prospects and strong positions in healthy industries....
The company operates in the oil and gas industry between the upstream segment, which includes oil and gas exploration and production, and the downstream segment, which includes the refining, distribution and retail marketing of the end product.
Keyera is organized into three operating segments:
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In each new quarterly client letter, we mostly focus on subjects that are not likely to change too much from one week to the next, but may have a big impact on investor sentiment and the long-term market outlook.
This time around, I started out writing about five major issues that seem to be affecting the market outlook in the minds of many investors....
The shares are now up 72.4% for our subscribers since we first recommended the stock in the May 2020 issue of Power Growth Investor at $325.83 a share....