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Energy Stocks

Ovintiv’s high-quality reserves cut risk

The best way for investors to cut the risk of Resources holdings is to focus on producers with high-quality reserves, like Ovintiv. The company’s recent deal to increase its presence in the large Montney region should also spur its cash flow over the next few years.

OVINTIV INC....

2 min read

Pat McKeough

Dividend Stocks

RioCan’s rising cash flow is a plus

RIOCAN REAL ESTATE INVESTMENT TRUST $19 is a buy. The REIT (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 300.5 million; Market cap: $5.7 billion; Price-to-sales ratio: 4.7; Distribution yield: 5.8%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 186 shopping centres and other properties across Canada, including eight projects under development....

1 min read

Pat McKeough

Dividend Stocks

Higher rates will help offset costs

EMERA INC. $52 is a buy. The company (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 292.9 million; Market cap: $15.2 billion; Price-to-sales ratio: 2.0; Dividend yield: 5.6%; TSINetwork Rating: Average; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier....

1 min read

Pat McKeough

Value Stocks

Bright outlook for Canada’s big banks

The outlook for Canada’s Big Five banks remains bright, particularly as lower interest rates mean they can reduce funds set aside to cover potential loan defaults. Lower loan-loss provisions will in turn push up their earnings and give them more room to increase their dividends.

ROYAL BANK OF CANADA $172 is a buy. The bank (Toronto symbol RY; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.4 billion; Market cap: $240.8 billion; Price-to-sales ratio: 4.2; Dividend yield: 3.4%; TSINetwork Rating: Above Average; www.rbc.com) continues to benefit from its March 2024 acquisition of the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC) for $15.5 billion.

So far, eliminating overlapping operations has cut $224 million from Royal’s annual costs....

6 min read

Pat McKeough

Growth Stocks

Dividend hike ahead of spinoff

MAPLE LEAF FOODS INC. $21 is a hold. The company (Toronto symbol MFI; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 123.4 million; Market cap: $2.6 billion; Price-to-sales ratio: 0.6; Dividend yield: 4.6%; TSINetwork Rating: Average; www.mapleleaffoods.com) sells fresh and prepared meats under the Maple Leaf and Schneider labels....

1 min read

Pat McKeough

Growth Stocks

Three picks to spur your 2025 returns

Our goal when selecting your annual stocks of the year is to home in on companies offering an unbeatable combination of strong growth prospects and attractive valuations.

For 2025, we have selected three stocks—one each from our Conservative, Aggressive and Income portfolios—that offer you such a winning hand....

5 min read

Pat McKeough

ETFs

More on the five investment ideas for 2025

Here’s a more in-depth look at the ETFs we looked at on pages 11 to 14—and how they can fit into your ETF portfolio.

Cutting the risk of high-flying stocks

Recommended: iShares S&P 500 3% Capped Index ETF (Toronto symbol XUSC)

The outstanding performance of large-cap U.S....

6 min read

Pat McKeough

ETFs

Here’s our Exchange-traded Funds Portfolio for February 2025

You Can See Our Exchange-Traded Funds Portfolio For February 2025 Here.

ETFs in brief

Exchange-traded funds are set up to mirror the performance of a stock-market index or sub-index....

1 min read

Pat McKeough

ETFs

Two new ETFs for Canadian investors

Capital Group is a privately owned investment manager with global operations. The manager recently launched its first four ETFs in Canada. We highlight the global equity ETF, as well as the international equity ETF.

Capital Group Global Equity Select ETF $25.48 (Toronto symbol CAPG) invests globally in publicly listed companies....

1 min read

Pat McKeough

ETFs

The trade relationship between the U.S. and Canada

Shortly after the conclusion of the 2024 U.S. Presidential election, the incoming President said he might impose a 25% tariff on imports from Canada and Mexico unless the countries did more to stem what he sees as the flow of migrants and illegal drugs into the U.S.

The U.S....

1 min read

Pat McKeough

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Investors Association of Canada
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Inner Circle Pro subscriber

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.