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Growth Stocks

Use these updates to enhance your portfolio

SAPUTO INC. $40 is a hold. The company (Toronto symbol SAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 418.3 million; Market cap: $16.7 billion; Price-to-sales ratio: 0.8; Dividend yield: 2.0%; TSINetwork Rating: Average; www.saputo.com) is Canada’s largest producer of dairy products. It also operates dairies in the U.S., Australia, the U.K. and Argentina.

2 min read

Pat McKeough

Energy Stocks

Ovintiv shifts its focus to Canada

OVINTIV INC. $57 is a buy. The company (Toronto symbol OVV; Conservative Growth Portfolio, Resources sector; Shares outstanding: 257.0 million; Market cap: $14.6 billion; Price-to-sales ratio: 1.2; Dividend yield: 2.9%; TSINetwork Rating: Average; www.ovintiv.com) has agreed to acquire NuVista Energy Ltd. (Toronto symbol NVA), which produces oil and natural gas in the Alberta portion of the Montney Basin.

1 min read

Pat McKeough

Dividend Stocks

New projects benefit both of these buys

New pipelines and rising government spending on infrastructure should lift the earnings of these two utility companies. That’s good news for income-seeking investors, as the higher earnings will give them more room to raise their dividends.

2 min read

Pat McKeough

Mining Stocks

Teck’s big merger should reward investors

The shareholders of Teck and Anglo American have now voted in favour of the plan to merge the two firms. The combined company will be one of the world’s top five producers of copper, with major operations in politically stable countries such as Canada, the U.S., South Africa and Chile. The merger will also generate substantial cost savings that will set the new firm up for many years of growth.

2 min read

Pat McKeough

Blue Chip Stocks

Labour contracts cut CPKC’s risk

CANADIAN PACIFIC KANSAS CITY LTD. $103 is a buy. The railway (Toronto symbol CP; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 900.8 million; Market cap: $94.6 billion; Price-to-sales ratio: 6.5; Dividend yield: 0.9%; TSINetwork Rating: Above Average; www.cpkcr.com) has signed 14 new agreements with unions in the U.S. representing a wide variety of workers, including mechanical and engineering employees, clerks and maintenance workers. These contracts have five-year terms, and labour peace cuts CPKC’s risk.

1 min read

Pat McKeough

Mining Stocks

Nutrien may sell assets

NUTRIEN LTD. $81 is a buy. The company (Toronto symbol NTR; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 483.3 million; Market cap: $39.1 billion; Price-to-sales ratio: 1.1; Dividend yield: 3.7%; TSINetwork Rating: Average; www.nutrien.com) is the world’s largest producer of agricultural fertilizers, including potash, nitrogen and phosphate. It also sells seeds, fertilizers and agricultural products to farmers through some 1,900 stores spread across the Western Hemisphere and Australia.

1 min read

Pat McKeough

Value Stocks

These four producers have adapted to tariffs

While current U.S. tariffs are not as high as those announced in April 2025, they are still increasing the costs for raw materials and other inputs at these four firms.

All four are now cutting costs and shifting their supply chains to protect their profits and market share. Even so, not all of them are buys right now.

6 min read

Pat McKeough

Dividend Stocks

Enbridge raises your dividend

ENBRIDGE INC. $65 is a buy. The pipeline giant (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 2.2 billion; Market cap: $143.0 billion; Price-to-sales ratio: 2.2; Dividend yield: 6.0%; TSINetwork Rating: Above Average; www.enbridge.com) continues to add new projects secured by long-term shipping contracts. The company expects to place $5 billion worth of new projects into service in 2025, as well as another $8 billion in 2026.

1 min read

Pat McKeough

Growth Stocks

CAE stock is poised for a comeback

CAE is down 7% since the start of the year. Still, the company is in a strong position to profit from two long-term trends. First, a large number of airline pilots will retire over the next few years. Second, Canada and other NATO countries have pledged to increase defence spending.

These developments should spur more demand for the company’s pilot training services and flight simulators.

4 min read

Pat McKeough

Spinoffs

Here’s our Spinoff Stock Portfolio for January 2026

You Can See Our Spinoff Stock Portfolio For January 2026 Here.

Why we like spinoffs so much

We think that spinoffs are the closest thing you can find to a sure thing for two main reasons:

1) The management of a parent company will only hand out shares in a subsidiary to its own investors if it’s all but certain that business, and the parent, will be better off after the spinoff.

2) Spinoffs involve a lot of work and legal fees. The parent will only spin off the unwanted subsidiary if it can’t sell the stock for what it feels it’s worth.

1 min read

Pat McKeough

Testimonials

The cornerstones of Pat’s strategy–value, diversification and timelines–make his newsletter, The Successful Investor, highly profitable while minimizing risk. His advice is no-nonsense, down-to-earth and based on solid research. You’ll know what to invest in and what to avoid.

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Investors Association of Canada
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Inner Circle Pro subscriber

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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.