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ALGONQUIN POWER & UTILITIES, $7.19, is a buy. The utility (Toronto symbol AQN; Shares o/s: 689.7 million; Market cap: $5.5 billion; TSINetwork Rating: Extra Risk; Yield: 5.3%; www.algonquinpower.com) has agreed to sell most of its non-regulated renewable power assets for $2.28 billion....

You Can See Our CWA REIT & Trust Portfolio For September 2024 Here.


We think investors will profit most—and with the least risk—by buying shares of well-established companies with strong business prospects and strong positions in healthy industries....
IBM, $204.11, is still a buy. The company (New York symbol IBM; Shares outstanding: 921.1 million; Market cap: $188.0 billion; TSINetwork Rating: Above Average; Divd. yield: 3.3%) is shutting down its China research and development department and moving those functions to other overseas facilities....
NEWMONT CORP., $51.36, remains a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Shares o/s: 1.1 billion; Market cap: $59.2 billion; TSINetwork Rating: Average; Dividend yield: 2.0%; www.newmont.com) reports that in the quarter ended June 30, 2024, it produced a total of 1.61 million ounces of gold, up 29.8% from 1.24 million ounces a year earlier....
Bank of Nova Scotia and insurer Great-West are leading competitors in their respective markets; look for that to cut your ongoing risk. Still, for now, we see Great-West as a hold, while Bank of Nova Scotia remains a buy.


BANK OF NOVA SCOTIA, $68.69, is a buy. The lender (Toronto symbol BNS; Shares o/s: 1.2 billion; Market cap: $84.5 billion; TSINetwork Rating: Above Average; Yield: 6.2%; www.scotiabank.com) is Canada’s third-largest bank.


Due to the current economic uncertainty as a result of relatively high interest rates and inflation, particularly in Latin America, Scotiabank set aside $1.05 billion in its fiscal 2024 third quarter, ended July 31, 2024, to cover future loan losses....
TELUS, $22.46, is a buy. The company (Toronto symbol T; Shares outstanding: 1.5 billion; Market cap: $33.5 billion; TSINetwork Rating: Above Average; Dividend yield: 6.7%; www.telus.com) increased your quarterly dividend by 3.5% with the July 2024 payment....
Both Loblaw and Metro successfully weathered the pandemic. In fact, the shares of both are now trading at all-time highs for our subscribers! Meanwhile, we think both stocks still have gains ahead. Indeed, both remain buys.


LOBLAW COMPANIES, $175.92, is a buy. The retailer (Toronto symbol L; Shares o/s: 305.1 million; Market cap: $53.7 billion; TSINetwork Rating: Above Average; Dividend yield: 1.2%; www.loblaw.ca) operates 1,106 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills....
The shares of oil and gas stocks remain high as energy demand stays strong. It bears repeating that most investors should maintain some exposure to the oil and gas industry as part of a balanced portfolio. But, to cut risk, you should stick with producers that have positive cash flow even in times of low energy prices....
TC ENERGY INC., $62.90, is a buy. The company (Toronto symbol TRP; Shares outstanding: 1.0 billion; Market cap: $65.3 billion; TSINetwork Rating: Above Average; Dividend yield: 6.1%; tcenergy.com) generates steady cash flow for investors mainly through a 93,600-kilometre pipeline network....

OVINTIV INC., $55.19, is a buy. The energy producer (Toronto symbol OVV; Shares outstanding: 267.0 million; Market cap: $14.5 billion; TSINetwork Rating: Average; Dividend yield: 2.9%) operates four core properties: Montney (B.C.), Permian (Texas), Anadarko (Oklahoma) and Uinta (Utah).


In June 2023, the company paid private equity firm EnCap Investments $4.4 billion for 1,050 wells in the Permian basin (all amounts except share price in U.S....