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Growth Stocks

COLLIERS INTERNATIONAL GROUP INC. $151 is a buy for aggressive investors. This company (Toronto symbol CIGI; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 48.7 million; Market cap: $7.4 billion; Price-to-sales ratio: 1.2; Dividend yield: 0.3%; TSINetwork Rating: Extra Risk; www.colliers.com) offers a range of services, including helping clients buy and sell commercial real estate, arranging financing, and assessing properties for tax purposes.

Colliers uses acquisitions to enhance its market share and spur its long-term growth....

1 min read

Pat McKeough

Value Stocks

Here are key updates on your holdings: RBI, Enbridge & Linamar

RESTAURANT BRANDS INTERNATIONAL INC. $101 is a buy for aggressive investors. The fast-food operator (Toronto symbol QSR, Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 450.0 million; Market cap: $45.4 billion; Price-to-sales ratio: 4.7; Dividend yield: 3.2%; TSINetwork Rating: Average; www.rbi.com) has 31,113 outlets in over 100 countries, comprised of Burger King, Tim Hortons (coffee and donuts), Popeyes Louisiana Kitchen (fried chicken) and Firehouse Subs.

Restaurant Brands’ overall sales in the quarter ended March 31, 2024, rose 9.4%, to $1.74 billion from $1.59 billion a year earlier (all amounts except share price and market cap in U.S....

2 min read

Pat McKeough

Value Stocks

Warm winter lifted dividend yield

CANADIAN TIRE CORP. (class A non-voting) is a buy. The retailer (Toronto symbols CTC $240 and CTC.A $136; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 60.8 million; Market cap: $8.3 billion; Price-to-sales ratio: 0.5; Dividend yield: 5.1%; TSINetwork Rating: Above Average; www.canadiantire.ca) is down 4% since the start of 2024, mainly due to concerns that elevated inflation and interest rates are prompting consumers to spend less on discretionary items....

1 min read

Pat McKeough

Growth Stocks

Top grocers will overcome bad press

Politicians and consumer activists continue to accuse Canada’s big grocery chains of price gouging in the wake of the pandemic lockdowns. However, their profit margins are comparable to pre-pandemic levels.

LOBLAW COMPANIES LTD. $157 is a buy. Canada’s largest food retailer (Toronto symbol L; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 308.2 million; Market cap: $48.4 billion; Price-to-sales ratio: 0.8; Dividend yield: 1.3%; TSINetwork Rating: Above Average; www.loblaw.ca) continues to benefit from higher selling prices, which helps it offset rising costs for food, fuel and other inputs....

2 min read

Pat McKeough

Value Stocks

This big acquisition will pay off

Royal Bank recently completed its acquisition of HSBC’s Canadian operations. While big and complex acquisitions like this add risk, particularly if technical disruptions prompt HSBC clients to switch to a rival bank, we’re confident the deal will spur Royal’s profits higher over the next few years.

ROYAL BANK OF CANADA $140 is a buy. The bank (Toronto symbol RY; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.4 billion; Market cap: $196.0 billion; Price-to-sales ratio: 3.4; Dividend yield: 3.9%; TSINetwork Rating: Above Average; www.rbc.com) is Canada’s largest by market cap....

2 min read

Pat McKeough

Value Stocks

Rising input costs add risk

MOLSON COORS CANADA INC. is still a hold. The beer brewer’s (Toronto symbols TPX.A $88 and TPX.B $80; Conservative Growth and Income Portfolios, Consumer sector; Shares outstanding: 215.7 million; Market cap: $17.3 billion; Price-to-sales ratio: 1.1; Dividend yield: 3.0%; TSINetwork Rating: Average; www.molsoncoors.com) sales in the quarter ended March 31, 2024, rose 10.7%, to $2.60 billion from $2.35 billion a year earlier (all amounts except share prices and market cap in U.S....

1 min read

Pat McKeough

Energy Stocks

New pipeline adds to its prospects

IMPERIAL OIL LTD. $96 is a buy. The company (Toronto symbol IMO; Conservative and Income Growth Portfolios, Resources sector; Shares outstanding: 604.8 million; Market cap: $58.1 billion; Price-to-sales ratio: 1.1; Dividend yield: 2.5%; TSINetwork Rating: Average; www.imperialoil.ca) produced an average 421,000 barrels of oil equivalent per day in the first quarter of 2024....

1 min read

Pat McKeough

Dividend Stocks

These utilities tap into rising power demand

Demand for electrical power in Canada continues to rise due to several factors. Those include an expanding population and the shift to electric-powered cars. Moreover, the construction of new datacentres to handle power-intense artificial intelligence will also spur electricity demand.

A good way for investors to tap those trends is with these three high-quality power utilities....

5 min read

Pat McKeough

Value Stocks

Finning hikes your dividend

FINNING INTERNATIONAL INC. $43 is a buy. The company (Toronto symbol FTT; Conservative Growth Portfolio, Manufacturing sector; Shares outstanding: 142.2 million; Market cap: $6.1 billion; Price-to-sales ratio: 0.6; Dividend yield: 2.6%; TSINetwork Rating: Above Average; www.finning.com) sells and services Caterpillar-brand heavy equipment in Western Canada but also South America, the U.K....

1 min read

Pat McKeough

Blue Chip Stocks

CN Rail remains a great pick

We continue to recommend all investors own at least one of Canada’s railways due to their importance to the national economy. While our top pick is Canadian Pacific Kansas City Ltd. (Toronto symbol CP), we also like the outlook for its main rival, Canadian National.

After CN failed in its attempt to buy U.S....

4 min read

Pat McKeough

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Investors Association of Canada
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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.