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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The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. Suncor also operates four refineries (three in Canada and one in Colorado), along with 1,875 Petro-Canada gas stations.
With the June 2022 payment, Suncor increased your quarterly dividend by 11.9%....
The company is the world’s second-largest soft-drink maker after Coca-Cola. Its other brands include Frito-Lay snack foods, Gatorade sports drinks, Tropicana fruit juices and Quaker Oats cereals.
PepsiCo continues to benefit from higher selling prices to offset rising costs for food ingredients, packaging and shipping.
In the quarter ended September 3, 2022, the company’s sales rose 8.8%, to $21.97 billion from $20.19 billion a year earlier....
Merck has now exercised an option to jointly develop and potentially sell an mRNA-based cancer vaccine along with Moderna (symbol MRNA on Nasdaq).
The vaccine, mRNA-4157, is being tested in conjunction with Merck’s blockbuster cancer immunotherapy Keytruda, in a mid-stage trial....
The company operates Canada’s largest railway. Its 32,200-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.
CN has agreed to a new three-year deal with its 750 unionized signals and communications employees....
Based in Markham, Ontario, Exco was founded in 1952....
After that, a 17-year lull set in....
IAMGold reports that its Essakane mine, which is located approximately 330 kilometres northeast of Burkina Faso’s capital, Ouagadougou, continues to operate unaffected despite the evolving political situation in the country.
On September 30, Burkina Faso military leader President Paul-Henri Damiba was deposed in the country’s second coup in a year, as army Captain Ibrahim Traore took charge, dissolving the transitional government and suspending the constitution.
Captain Traore says that a group of officers had decided to remove Damiba due to his inability to deal with an armed uprising in the country that has worsened in the past nine months.
Meanwhile, a new government is unlikely to disrupt operations at the Essakane mine....
The company has two main businesses: the Regulated Services Group provides regulated electricity, gas, water distribution and wastewater collection services in Canada, the U.S., Chile, and Bermuda; and the Renewable Power Group produces electricity from about 40 clean-energy plants in North America.
Algonquin last raised your quarterly dividend with the July 2022 payment....
Through your shares, you tap the maker of some of North America’s most popular food brands. They include Chef Boyardee canned pasta, Hunt’s tomato sauce, Orville Redenbacher popcorn and Reddi-wip whipped cream.
Conagra reported stronger-than-expected quarterly results, mainly because the company raised its selling prices to offset increasing costs for ingredients, packaging and shipping.
Its sales in its fiscal 2023 first quarter, ended August 28, 2022, rose 9.5%, to $2.90 billion from $2.65 billion a year earlier....