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ENBRIDGE, $46.92, is a buy. The firm (Toronto symbol ENB; Shares outstanding: 2.1 billion; Market cap: $98.6 billion; TSINetwork Rating: Above Average; Dividend yield: 7.8%; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S....

1 min read

Pat McKeough

Dividend Stocks

Scotiabank is a top bank buy.

We’ve long said that the top five Canadian banks tend to leapfrog each other in investment desirability. That’s why we advise 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, $59.71, is a buy. The lender (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $69.0 billion; TSINetwork Rating: Above Average; Dividend yield: 7.1%; www.scotiabank.com) is Canada’s third-largest bank.

Due to the current economic uncertainty as a result of higher interest rates and inflation, Bank of Nova Scotia set aside $1.26 billion to cover future loan losses in its fiscal 2023 fourth quarter, ended October 31, 2023....

1 min read

Pat McKeough

How To Invest

Q: Pat, can I get your recommendation of Bentley Systems (BSY)? Thank you.

A: Bentley Systems Inc., $51.58, symbol BSY on Nasdaq (Shares outstanding: 284.4 million; Market cap: $15.3 billion; www.bentley.com), is a software developer for the construction industry....

2 min read

Pat McKeough

How To Invest

Q: Pat: What’s your view on CIBC’s Canadian Depository Receipts? Is this a better way to hold U.S. investments? What are the pros and cons? Thanks.

A: CIBC’s Canadian Depository Receipts (CDRs) give investors the opportunity to buy shares and/or fractions of shares in any of a number of U.S. or other foreign companies, in bundles that start out trading at a price of about $20 Cdn. each. CDRs come with a built-in hedging feature that reduces exchange-rate fluctuations....

3 min read

Pat McKeough

How To Invest

Q: Pat, what do you think of the prospects of Casella Waste Systems? Thank you.

A: Casella Waste Systems Inc., $79.68, symbol CWST on Nasdaq (Shares outstanding: 57.0 million; Market cap: $4.6 billion; www.casella.com), is a Vermont-based waste management company that services nine U.S....

2 min read

Pat McKeough

How To Invest

Q: Pat, would you give us an update on Dutch Bros? Thank you.

A: Dutch Bros Inc., $29.17, symbol BROS on New York (Shares outstanding: 63.0 million; Market cap: $5.2 billion; www.dutchbros.com), is an Oregon-based coffee chain with more than 794 locations in 16 states, including most recently, Alabama and Kentucky....

2 min read

Pat McKeough

How To Invest

What is Pat’s commentary for the week of November 28, 2023

In July 2022, when the ESG craze was at its peak, The Wall Street Journal ran an article entitled “The many reasons ESG is a loser.” (ESG refers to environmental, social and governance causes.)

The article went on to analyze a number of mutual funds that were pursuing an ESG-focused investment mandate....

1 min read

Pat McKeough

How To Invest

Spinoffs & Takeovers Hotline – Friday, November 24, 2023

FRESHPET INC., $69.30, symbol FRPT on Nasdaq, makes fresh, natural food for dogs and cats. The company’s foods are blends of fresh meats, vegetables and fruits farmed locally and made at its Freshpet Kitchens. Freshpet uses natural ingredients, cooking them in small batches at lower temperatures to preserve their natural goodness.

The company sells its products to grocery stores, mass merchants, warehouse stores, specialty pet and natural food stores in the U.S., Canada, and Europe....

10 min read

Pat McKeough

How To Invest

Power Growth Investor Hotline – Friday, November 24, 2023

AMERIGO RESOURCES LTD., $1.31, is a buy for aggressive investors. The company, symbol ARG on Toronto, processes copper and molybdenum from the waste rock of the El Teniente mine in Chile. That site is the world’s largest copper operation. Amerigo also has other deals to process material at the nearby Colihues and Cauquenes tailings ponds.

It currently gets 94% of its revenue from processing copper....

7 min read

Pat McKeough

How To Invest

Dividend Advisor Hotline – Friday, November 24, 2023

LOBLAW COMPANIES LTD., $121.67, Toronto symbol L, is a buy.

The company operates 1,104 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills.

In March 2014, it purchased the Shoppers Drug Mart chain for $12.3 billion in cash and shares....

8 min read

Pat McKeough

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The cornerstones of Pat’s strategy–value, diversification and timelines–make his newsletter, The Successful Investor, highly profitable while minimizing risk. His advice is no-nonsense, down-to-earth and based on solid research. You’ll know what to invest in and what to avoid.

Chuck Chakrapani, PhD
Investors Association of Canada
The older I get the better dividends look. For retirees and would-be retirees who want to sleep at night, I can’t think of a better source of information on reliable growing dividend income than Pat McKeough’s newsletter, Dividend Advisor.

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Financial Post Columnist
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I appreciate the 25 years of above market returns I received by following your advice. at least 95% of my investment decisions were based on TSI recommendations.

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Subscriber since 1996. Inner Circle Member Since 2006
The newsletters I receive in Inner Circle Pro are fantastic! I have been following Pat’s advice for years and everything he has said has been amazing. His commentaries are brilliant, insightful, educational, rational and balanced. My returns are almost double the TSE and I have referred many of my friends who have switched over to your services.

Walter H.
Inner Circle Pro subscriber

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.