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TC ENERGY CORP. $54 is a buy. The company (Toronto symbol TRP; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 1.03 billion; Market cap: $55.6 billion; Price-to-sales ratio: 3.4; Dividend yield: 7.1%; TSINetwork Rating: Above Average; www.tcenergy.com) has seen its shares rise 18% since it indicated in July 2023 that it would spin off its oil pipelines business (called South Bow Corp., symbol SOBO)....

1 min read

Pat McKeough

Value Stocks

Use our updates to enhance your portfolio: FirstService, Ovintiv & Telus Int.

FIRSTSERVICE CORP. $210 is a buy for aggressive investors. The company (Toronto symbol FSV; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 45.0 million; Market cap: $9.5 billion; Price-to-sales ratio: 1.5; Dividend yield: 0.7%; TSINetwork Rating: Extra Risk; www.firstservice.com) provides property management services to businesses and individuals.

In the first quarter of 2024, FirstService spent $31.6 million on acquisitions (all amounts except share price and market cap in U.S....

2 min read

Pat McKeough

Value Stocks

Good quarter for Leon’s

LEON’S FURNITURE LTD. $22 is a buy for aggressive investors. The retailer (Toronto symbol LNF; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 68.0 million; Market cap: $1.5 billion; Price-to-sales ratio: 0.6; Dividend yield: 3.3%; TSINetwork Rating: Average; www.leons.ca) sells furniture and appliances through 302 stores, mainly under the Leon’s and The Brick banners.

In the first quarter of 2024, Leon’s sales rose 9.6%, to $562.3 million from $513.0 million a year earlier....

1 min read

Pat McKeough

Growth Stocks

Wider client base gives CAE an edge

CAE’s shares are down 11% since the start of 2024, while Bombardier has jumped 67%. Even so, we still feel CAE is a better choice for long-term gains due to its exposure to a wider range of clientele and types of aircraft.

CAE INC. $26 is still a buy. The company (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 318.1 million; Market cap: $8.3 billion; Price-to-sales ratio: 1.9; Dividend suspended in March 2020; TSINetwork Rating: Average; www.cae.com) is a leading maker of flight simulators for commercial and military aircraft....

2 min read

Pat McKeough

Growth Stocks

New name and better prospects for ShawCor

In 2023, the old ShawCor (now called Mattr) sold its legacy pipeline coating operations and shifted its focus to its liquid storage tank and industrial products businesses. The shift has worked out well for investors—the stock has doubled since the company announced the plan in September 2022....

2 min read

Pat McKeough

Growth Stocks

Thomson sells last of its LSE shares

THOMSON REUTERS CORP. $234 is a buy. The company (Toronto symbol TRI; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 455.3 million; Market cap: $106.5 billion; Price-to-sales ratio: 11.3; Dividend yield: 1.1%; TSINetwork Rating: Above Average; www.thomsonreuters.com) recently sold its remaining stake in financial information provider Refinitiv for $500 million U.S.

In January 2021, the company and Blackstone Group LP (New York symbol BX) merged Refinitiv with the London Stock Exchange Group plc (Over-the-counter Pink Sheets symbol LDNXF)....

1 min read

Pat McKeough

Mining Stocks

Copper shift will spur Teck shares

TECK RESOURCES LTD. $66 remains a buy for the Resources sector of your portfolio. The company (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 517.5 million; Market cap: $34.2 billion; Price-to-sales ratio: 2.4; Dividend yield: 0.8%; TSINetwork Rating: Extra Risk; www.teck.com) recently sold 20% of its metallurgical coal operations (called Elk Valley Resources) to Japanese steel maker Nippon Steel Corp., and a further 3% to South Korea’s POSCO....

1 min read

Pat McKeough

Growth Stocks

Aggressive industrials for your portfolio

We continue to recommend all investors allocate as much as 20% of their portfolios to aggressive stocks such as the three we analyze below.

All three of these industrial stocks operate in cyclical industries, which makes them vulnerable to economic downturns....

5 min read

Pat McKeough

Growth Stocks

Saputo needs a catalyst

SAPUTO INC. $30 is a hold. The company (Toronto symbol SAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 424.3 million; Market cap: $12.7 billion; Price-to-sales ratio: 0.7; Dividend yield: 2.5%; TSINetwork Rating: Average; www.saputo.com) is Canada’s largest producer of dairy products....

1 min read

Pat McKeough

Dividend Stocks

Good time to buy more Emera

High-yielding power utility stocks like Emera have struggled in the past few years, as rising interest rates increased the costs of new projects and raised their interest payments.

However, Emera stands to gain now that the Bank of Canada has begun cutting its benchmark interest rate....

4 min read

Pat McKeough

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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.