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The major Canadian and U.S. stock markets, while still subject to volatility, continue to offer attractive returns for investors—especially if you buy the top stocks. All in all, we think that if you can afford to stay in the market for several years or longer, now is a good time for new buying....
POWER CORP., $43.31, is a buy. The conglomerate (Toronto symbol POW; Shares o/s: 590.4 million; Market cap: $28.3 billion; TSINetwork Rating: Above Average; Dividend yield: 5.2%) owns 62.2% of IGM Financial (symbol IGM on Toronto)....
These REITs own some of the best properties in Canada, with a concentration on its biggest cities. Both offer high yields as well as steady growth prospects. Each is a buy.
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST, $17.01, is a buy. The REIT (Toronto symbol AP.UN; Units outstanding: 128.0 million; Market cap: $2.4 billion; TSINetwork Rating: Average; Dividend yield: 10.6%; www.alliedreit.com) owns 188 office buildings and nine properties under development....
IMPERIAL OIL LTD., $95.25, is a buy. The company (Toronto symbol IMO; Shares outstanding: 523.4 million; Market cap: $49.5 billion; TSINetwork Rating: Average; Dividend yield: 2.5%; www.imperialoil.ca) gets over 90% of its production from oil sands operations in Alberta....
Both these Canadian insurance stocks provide investors growth prospects as well as high dividend yields. We see each as a buy.
MANULIFE FINANCIAL, $44.10, is a buy. This safety-conscious stock (Toronto symbol MFC; Shares o/s: 1.8 billion; Market cap: $77.1 billion; TSINetwork Rating: Above Average; Yield: 3.6%; www.manulife.ca) represents one of Canada’s largest life insurers....
MANULIFE FINANCIAL, $44.10, is a buy. This safety-conscious stock (Toronto symbol MFC; Shares o/s: 1.8 billion; Market cap: $77.1 billion; TSINetwork Rating: Above Average; Yield: 3.6%; www.manulife.ca) represents one of Canada’s largest life insurers....
TD BANK, $77.92, is still a buy. The lender (Toronto symbol TD; Shares o/s: 1.8 billion; Market cap: $137.4 billion; TSINetwork Rating: Above Average; Yield: 5.3%; www.td.com) will raise its quarterly dividend by 2.9% with the January 2025 payment....
Under a new plan to pivot away from underperforming Latin American markets, Bank of Nova Scotia recently purchase a 14.9% stake in U.S.-banking firm KeyCorp (New York symbol KEY). KeyCorp provides a variety of financial services through 1,000 branches in 15 states....
A: Andlauer Healthcare Group Inc., $43.63, symbol AND on Toronto (Shares outstanding: 41.5 million; Market cap: $1.7 billion; www.andlauerhealthcare.com), is a supply chain management company.
Through its digital infrastructure, Andlauer offers customized third-party logistics (3PL) and transportation services for the healthcare sector....
Through its digital infrastructure, Andlauer offers customized third-party logistics (3PL) and transportation services for the healthcare sector....
A: Aura Minerals Inc., $16.35, symbol ORA on Toronto (Shares outstanding: 72.3 million; Market cap: $1.2 billion; www.auraminerals.com), is a mid-tier gold and copper company.
Aura has four operating mines.
The first is the Aranzazu copper-gold-silver mine in Mexico....
Aura has four operating mines.
The first is the Aranzazu copper-gold-silver mine in Mexico....
A: In analyzing a stock, you need to form an idea of how much it would get hurt in a recession. To put it another way, how likely it is to survive a business slump and go on to prosper when good times return? To do that, you need to look at a number of factors....