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While higher interest rates have increased the appeal of bonds and hurt REITs in the past year, Choice Properties and RioCan remain excellent ways for investors to earn income. We see both as buys.
CHOICE PROPERTIES REIT, $12.95, is a buy. Canada’s biggest REIT (Toronto symbol CHP.UN; Units o/s: 327.9 million; Market cap: $9.4 billion; TSINetwork Rating: Average; Dividend yield: 5.9%; www.choicereit.ca) owns 705 retail, industrial, office space and residential properties with 66.1 million square feet of gross leasable area....
CHOICE PROPERTIES REIT, $12.95, is a buy. Canada’s biggest REIT (Toronto symbol CHP.UN; Units o/s: 327.9 million; Market cap: $9.4 billion; TSINetwork Rating: Average; Dividend yield: 5.9%; www.choicereit.ca) owns 705 retail, industrial, office space and residential properties with 66.1 million square feet of gross leasable area....
INVESCO SOLAR ETF, $48.53, is a buy for aggressive investors. The ETF (New York symbol TAN; buy or sell through brokers) tracks solar-related companies (including technology firms and utilities) listed on global exchanges.
Its top holdings are First Solar (China; solar panels) at 16.0%; Enphase Energy (U.S.; home solar systems), 9.3%; NEXTracker Inc....
Its top holdings are First Solar (China; solar panels) at 16.0%; Enphase Energy (U.S.; home solar systems), 9.3%; NEXTracker Inc....
Generally speaking, Canadians are blocked from buying mutual funds that are registered in the U.S. unless those funds are also registered with provincial securities commissions. (Moreover, some Canadian mutual funds are only available in a limited number of provinces.)
Investors in this country can, however, buy exchange-traded funds, or ETFs, listed on U.S....
Investors in this country can, however, buy exchange-traded funds, or ETFs, listed on U.S....
TD BANK, $76.62, is a #1 Buy for 2024. The lender (Toronto symbol TD; Shares o/s: 1.8 billion; Market cap: $134.8 billion; TSINetwork Rating: Above Average; Dividend yield: 5.3%; www.td.com) cancelled its deal to acquire First Horizon Corporation (New York symbol FHN) for $13.4 billion U.S....
We’ve long said that the top five Canadian banks tend to leapfrog each other in investment desirability. That’s why we suggest that most Canadians own two or even three of them—including Bank of Nova Scotia. Its cheap price, prospects for growth and its high yield make it a buy.
BANK OF NOVA SCOTIA, $64.99, is a buy. The lender (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $79.9 billion; TSINetwork Rating: Above Average; Dividend yield: 6.5%; www.scotiabank.com) is Canada’s third-largest bank.
Due to current economic uncertainty as a result of relatively high interest rates and inflation, Bank of Nova Scotia set aside $1.01 billion to cover future loan losses in its fiscal 2024 second quarter, ended April 30, 2024....
BANK OF NOVA SCOTIA, $64.99, is a buy. The lender (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $79.9 billion; TSINetwork Rating: Above Average; Dividend yield: 6.5%; www.scotiabank.com) is Canada’s third-largest bank.
Due to current economic uncertainty as a result of relatively high interest rates and inflation, Bank of Nova Scotia set aside $1.01 billion to cover future loan losses in its fiscal 2024 second quarter, ended April 30, 2024....
High-quality utility stocks, with their high dividend yields and steady or rising income streams, tend to be sensitive to interest rate increases. TC Energy is no exception. The rise in interest rates in the past couple of years helped push its share price down nearly 30%.
The outlook for interest rates is still uncertain, but TC now offers an attractive buying opportunity, starting with its sustainable dividend yield of 7.4%....
The outlook for interest rates is still uncertain, but TC now offers an attractive buying opportunity, starting with its sustainable dividend yield of 7.4%....
BEDFORD METALS CORP., $2.18, symbol BFM on Toronto Venture Exchange, is a mineral exploration company based in Vancouver.
The company has two main projects in development: The Margurete gold project, a 687-hectare property 200 kilometres northwest of Vancouver; and the Ubiquity Lake uranium project, covering 1,382 hectares and located in the Athabasca Basin in Northern Saskatchewan.
Bedford continues to pursue further opportunities in the uranium sector, again targeting the promising Athabasca Basin in Saskatchewan.
The Athabasca Basin is known for hosting some of the world’s highest-grade uranium deposits....
The company has two main projects in development: The Margurete gold project, a 687-hectare property 200 kilometres northwest of Vancouver; and the Ubiquity Lake uranium project, covering 1,382 hectares and located in the Athabasca Basin in Northern Saskatchewan.
Bedford continues to pursue further opportunities in the uranium sector, again targeting the promising Athabasca Basin in Saskatchewan.
The Athabasca Basin is known for hosting some of the world’s highest-grade uranium deposits....
MERCK & CO. INC., $125.54, is a buy. The drugmaker (symbol MRK on New York) is a pharmaceutical leader in oncology, acute-care and animal health drugs as well as vaccines.
Merck has just agreed to acquire privately held biotech EyeBio for as much as $3 billion....
Merck has just agreed to acquire privately held biotech EyeBio for as much as $3 billion....
TORONTO-DOMINION BANK, $76.20, Toronto symbol TD, is still a buy.
With the January 2024 payment, TD raised your quarterly dividend by 6.3%. Investors now receive $1.02 a share instead of $0.96. The new annual rate of $4.08 yields a solid 5.4%.
The lender recently set aside $615 million (or $450 million U.S.) for fines it expects to pay due to lapses in its anti-money laundering processes at its U.S....
With the January 2024 payment, TD raised your quarterly dividend by 6.3%. Investors now receive $1.02 a share instead of $0.96. The new annual rate of $4.08 yields a solid 5.4%.
The lender recently set aside $615 million (or $450 million U.S.) for fines it expects to pay due to lapses in its anti-money laundering processes at its U.S....
TEXAS INSTRUMENTS INC., $194.99, Nasdaq symbol TXN, is still a buy.
The company is a leading maker of analog chips. Its products convert inputs, like touch, sound and pressure, into electronic signals that computers can understand.
Texas Instruments is now building a new facility in Sherman, Texas, to house as many as four new chipmaking plants....
The company is a leading maker of analog chips. Its products convert inputs, like touch, sound and pressure, into electronic signals that computers can understand.
Texas Instruments is now building a new facility in Sherman, Texas, to house as many as four new chipmaking plants....