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Energy Stocks

CENOVUS ENERGY INC. $17 is a buy. Canada’s third-largest oil producer (Toronto symbol CVE; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.8 billion; Market cap: $30.6 billion; Price-to-sales ratio: 0.5; Dividend yield 4.2%; TSINetwork Rating: Average; www.cenovus.com) expects to spend between $4.6 billion and $5.0 billion on exploration and upgrades in 2025.

Part of that spending will go toward improving the reliability of its refineries, particularly those in Lima and Toledo, Ohio....

1 min read

Pat McKeough

Dividend Stocks

Use our updates to enhance your portfolio

CANADIAN PACIFIC KANSAS CITY LTD. $103 is a buy. The company (Toronto symbol CP; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 933.5 million; Market cap: $96.2 billion; Price-to-sales ratio: 6.2; Dividend yield: 0.7%; TSINetwork Rating: Above Average; www.cpkcr.com) ships freight over a 32,190-kilometre rail network in Canada, the U.S....

2 min read

Pat McKeough

Dividend Stocks

Look for an earnings rebound in 2026

BANK OF NOVA SCOTIA $66 is a buy. The bank (Toronto symbol BNS; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.2 billion; Market cap: $79.2 billion; Price-to-sales ratio: 2.3; Dividend yield: 6.4%; TSINetwork Rating: Above Average; www.scotiabank.com) will probably have to increase its loan-loss provisions as the current U.S....

1 min read

Pat McKeough

Growth Stocks

CAE has the better outlook

Both Bombardier and CAE remain vulnerable to changing tariff policies in the U.S. and other countries. Still, we prefer CAE for new buying given its broader geographic operations and higher revenue from services.

BOMBARDIER INC. is a hold. The company (Toronto symbols BBD.A $86 and BBD.B $86; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 98.4 million; Market cap: $8.5 billion; Price-to-sales ratio: 0.6; Dividend suspended in February 2015; TSINetwork Rating: Speculative; www.bombardier.com) now focuses solely on making private luxury and business jet planes following the January 2021 sale of its passenger railcar business to France’s Alstom SA.

The company has five production facilities: two in Canada (Toronto and Montreal); two in the U.S....

2 min read

Pat McKeough

Value Stocks

Linamar will survive the tariff turmoil

Linamar is a major supplier to automakers in North America, so it’s vulnerable to new tariffs on imports of completed vehicles. However, virtually all of the company’s products comply with the current USMCA (U.S.-Mexico-Canada) trade agreement. That should let it avoid direct U.S....

2 min read

Pat McKeough

Energy Stocks

Lower costs will offset lower demand

IMPERIAL OIL LTD. $91 is a buy. The integrated oil producer (Toronto symbol IMO; Conservative and Income Growth Portfolios, Resources sector; Shares outstanding: 523.4 million; Market cap: $47.6 billion; Price-to-sales ratio: 1.9; Dividend yield: 3.2%; TSINetwork Rating: Average; www.imperialoil.ca) is down 7% in the past month, mainly due to concerns that brewing tariff wars will trigger a global economic slowdown and depress oil demand.

However, Imperial’s investments in more cost-efficient extraction techniques should help offset the impact of lower prices....

1 min read

Pat McKeough

Growth Stocks

Cut your tariff risk with service providers

U.S. tariffs apply only to goods, not services. As a result, the share prices of these three service providers from our Aggressive Growth Portfolio have held up better than manufacturing companies.

For your new buying, we prefer Stantec and Colliers, particularly as the current economic turmoil could make it easier for them to keep buying smaller competitors at possibly lower prices....

5 min read

Pat McKeough

Dividend Stocks

Enbridge expands in U.S.

ENBRIDGE INC. $59 is a buy. The company (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 2.2 billion; Market cap: $129.8 billion; Price-to-sales ratio: 2.4; Dividend yield: 6.4%; TSINetwork Rating: Above Average; www.enbridge.com) is part of a consortium that plans to build the new Traverse Pipeline.

This 260-kilometre line will connect two natural gas hubs along the Texas Gulf Coast....

1 min read

Pat McKeough

Dividend Stocks

Earn dependable income with Telus

We made Telus your #1 Income Buy for 2025 due to its long history of rising dividend payments. In fact, it has increased the payment twice a year since 2011. We expect the company will continue to reward shareholders as it has now completed a major upgrade of its 5G cellular and fibre-optic networks....

5 min read

Pat McKeough

How To Invest

Q: Pat, what is the outlook for Ferguson Enterprises? Thanks.

A: Ferguson Enterprises Inc., $156.51, symbol FERG on New York (Shares outstanding: 198.7 million; Market cap: $30.2 billion; www.corporate.ferguson.com), is a U.S. distributor of construction products.

Founded in 1953, Ferguson initially focused on Europe, Canada, and the U.S....

3 min read

Pat McKeough

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Browse Premium Topics

Cannabis

Spinoffs

One of the ways a company can try to unlock its own hidden value is by creating a separate company out of a corporate subsidiary. The parent company can either sell stock in the new company to the public, or spin it off—hand the stock out to its own investors.

Dividend Stocks

Dividend stocks make cash payouts that serve as a way for companies to share the wealth they’ve accumulated. These payouts are drawn from earnings and cash flow and paid to the shareholders of the company. Typically, these dividends are paid quarterly, although they may be paid annually or even monthly as well.

ETFs

What are ETFs?

ETF is an acronym for exchange traded fund. These exchange traded funds are used to track indexes as closely as possible, since investors cannot actually buy an index outright.

Value Stocks

What are value stocks?

One of the sweetest and most profitable pleasures of successful investing is to buy high-quality “value stocks” (or stocks that are reasonably priced, if not cheap, in relation to its sales, earnings or assets), then hold on to them as mainstream investors recognize the value and push up the share price.

Blue Chip Stocks

Blue chip stocks are big, well-established, dividend-paying corporations with strong business prospects. These are companies that also have sound management that should be able to make the right moves to keep competing successfully in a changing marketplace.

Penny Stocks

A penny stock in general trades for under five dollars a share, and as the name implies, sometimes for pennies. Most of the time they’re young companies, or start-ups in speculative markets like mining or technology.

Growth Stocks

Growth stocks are companies that are likely to have sales and earnings growth well above market average. Frequently they pay few, if any, dividends. Instead they typically reinvest any extra cash flow to promote further growth. Chosen wisely—according to Pat McKeough’s advice—high-quality growth-oriented stocks can be worthwhile additions to most well-diversified portfolios.

Wealth Management

Wealth management is the practice of putting your savings to work so that it continues to grow over your lifetime and will also benefit your heirs. Wealth management encompasses many different areas of investing like long term investment planning and retirement planning.

Mining Stocks

Mining stocks are investments in companies that produce or explore for minerals. Some of these minerals include uranium, coal, molybdenum (which is used in steelmaking), copper, silver and gold. They are affected by fluctuating commodity prices in addition to their own business and operating risks.

How To Invest

Pat McKeough has been making investing for beginners simple—and profitable—by helping investors make big gains for more than 25 years. His advice to beginning investors is the same as it is for all investors: buy high-quality, mostly dividend paying stocks (or ETFs that hold these stocks) and evenly spread your investments over the five main economic sectors (Resources, Manufacturing, Finance, Utilities and Consumer). Pat also believes investors should avoid stocks in the broker/media limelight and focus on those with hidden or little-noticed assets.

Energy Stocks

What are energy stocks?

Businesses that work in the extraction, refining and delivery of energy sources such as natural gas, oil, uranium and coal, are considered energy stocks.