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IBM, $289.05, is a buy. The company (New York symbol IBM; Shares o/s: 934.7 million; Market cap: $294.2 billion; TSINetwork Rating: Above Average; Dividend yield: 2.3%; www.ibm.com) is one of the world’s largest computer firms, with operations in over 175 countries.
PRIMARIS REIT, $17.19, is a buy. The trust (Toronto symbol PMZ.UN; Units o/s: 118.5 million; Market cap: $2.0 billion; TSINetwork Rating: Average; Yield: 5.0%; www.primarisreit.com) has gained full control of all 1.3 million square feet of its leasable area vacated by the former Hudson’s Bay Company. That’s in addition to 500,000 square feet once home to Sears locations.
LOBLAW COMPANIES, $67.00, is a buy. The retailer (Toronto symbol L; Shares o/s: 1.2 billion; Market cap: $74.3 billion; TSINetwork Rating: Above Average; Yield: 0.8%; loblaw.ca) operates 1,160 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills. It also owns the Shoppers Drug Mart chain, which has 1,363 drugstores across Canada.
CPKC and Metro are leading competitors in their respective markets. You can expect that to lower your risk going forward despite continuing economic uncertainty. We see both stocks as buys.
CANADIAN PACIFIC KANSAS CITY, $108.71, is a buy. The company (Toronto symbol CP; shares o/s: 897.7 million; Market cap: $92.1 billion; Rating: Above Average; Yield: 0.8%) took its current form in 2023 when it acquired U.S.-based Kansas City Southern (KCS) for $31 billion U.S.
TELUS, $19.50, is a buy. The company (Toronto symbol T; Shares outstanding: 1.6 billion; Market cap: $29.3 billion; TSINetwork Rating: Above Average; Dividend yield: 8.6%; www.telus.com) helps clinics, pharmacies and hospitals manage electronic patient records and healthcare plans through its Telus Health division. This business supplies about 10% of its total revenue, and 5% of its earnings.
BANK OF NOVA SCOTIA, $102.10, is a buy. The lender (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $127.1 billion; TSINetwork Rating: Above Average; Dividend yield: 4.3%; www.scotiabank.com) continues to pivot away from poorly performing Latin American markets in favour of its North American operations.
CENOVUS ENERGY, $27.69, is a buy for long-term gains. Canada’s third-largest oil producer (Toronto symbol CVE; Shares outstanding: 1.9 billion; Market cap: $50.2 billion; TSINetwork Rating: Average; Dividend yield: 2.9%; www.cenovus.com) is reportedly considering the sale of its conventional oil and gas properties in the Deep Basin region of Alberta. Those assets could be worth $3 billion.
Below, we highlight an ETF that’s soaring for our subscribers. The iShares MSCI Chile ETF has almost doubled since the start of 2025, and its units are now at all-time highs. Those gains reflect the soaring price for copper, one of Chile’s top exports. Still, they also reflect the outcome of the December 2025 presidential election. As a candidate, Jose Antonio Kast pledged to boost copper output. That remains part of the pro-mining policy changes he is expected to introduce, including making permits easier to obtain.
PEMBINA PIPELINE, $57.93, is a buy. The company (Toronto symbol PPL; Shares outstanding: 580.9 million; Market cap: $32.5 billion; TSINetwork Rating: Average; Dividend yield: 4.9%; www.pembina.com) owns 49.9% of Cedar LNG. The Haisla First Nation holds the majority 50.1% stake. This project involves developing a floating liquefied natural gas (LNG) export facility in Kitimat, B.C.
NEWMONT CORP., $116.85, remains a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Shares outstanding: 1.1 billion; Market cap: $123.2 billion; TSINetwork Rating: Average; Dividend yield: 0.9%; www.newmont.com) is the world’s largest gold miner. It also produces copper, silver, lead and zinc.