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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Advanced Technologies offers products and engineering services for the space, communications, nuclear, agriculture, defence and government segments....
The company is the world’s leading maker of computer chips: its products power 65% of all personal computers and 80% of all datacentres.
Under Intel’s new strategic plan, which it announced in 2021, the company aims to improve its technical expertise and expand its ability to make chips for other companies.
It recently started construction on a $20 billion chipmaking complex in Ohio and is spending $15.3 billion to expand its facility in Arizona....
The company is the world’s biggest retailer, with 10,635 outlets in 24 countries.
The discount retailer continues to benefit as rising inflation is drawing more shoppers to its value-focused stores.
In the fiscal 2023 fourth quarter, ended January 31, 2023, sales rose 7.3%, to $164.05 billion from $152.87 billion a year earlier....
The company now plans to spin off its metallurgical coal (a key ingredient in steelmaking) operations as a separate, publicly-traded company called Elk Valley Resources Ltd....
You can see our Income-Growth Dividend Payer Portfolio for March 2023 here.
You can’t fake a record of dividends....
You can see our Income-Seeking Portfolio for March 2023 here.
Our WSSF Portfolio for Income-Seeking Investors gives recommendations on stocks with a history of dividends, plus dividend growth potential.
In addition to yield, earnings and p/e ratios, we show you how much each company has raised (or cut) its dividend in the past five years in the third column from the right in the table below.
Please note that among our Utility recommendations, we indicate with footnotes which of three main utility industries each company operates in: Telecommunications, Electric or Pipeline.
Each segment faces its own challenges....
The stock is up 108.4% since we first recommended it in our June 2020 issue of Power Growth Investor at $157.19....
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.
The company continues to benefit from rising oil and gas prices, which have spurred demand for space on its pipelines....
In March 2022, the company spun off its Spine and Dental businesses as ZimVie Inc....
Investors benefit from the company’s 504 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations....