Topics
As we often point out, new spinoff firms tend to move sideways for the first year or two until they build up a following among brokers and investors.


A good example is Fortive, a 2016 spinoff from Danaher, one of this newsletter’s earliest recommendations....
A: We’re not tax experts, so you might want to consider talking to an expert, especially if there are large funds involved.

However, transferring shares in kind into a TFSA does trigger a capital gain or loss for income tax purposes.

If the investment is in a capital gains position, you will have to declare it as a capital gain on your income tax return....
The world’s aging population will continue to spur demand for medical services for years to come. Medical device makers are well-positioned to share in that increased spending.

We continue to see attractive investment opportunities among the top device manufacturers....
ADF GROUP INC., $5.27, symbol DRX on Toronto, designs and engineers connections, fabrication, heavy steel built-ups, and miscellaneous and architectural metalwork. It provides its services from a 630,000-square-foot fabrication plant in Quebec and a 100,000-square-foot fabrication plant in Montana.

The company’s clients include general contractors, project owners, engineering firms and project architects, structural steel erectors, and other steel structure fabricators....
WAJAX CORP., $27.56, is a buy. Through their shares, investors benefit from the company’s (symbol WJX on Toronto) sales and servicing of cranes, forklifts and other heavy equipment. Wajax also provides related parts and systems such as ball bearings, hoses, diesel engines and transmissions.

The company’s customers are spread across the resources, construction, manufacturing and transportation industries.

In the quarter ended September 30, 2023, overall revenue climbed 8.3%, to $509.7 million from $470.8 million a year earlier....
CANADIAN TIRE CORP., $140.31, Toronto symbol CTC.A, is a top buy for 2023.

Investors benefit from the company’s 502 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations....
EBAY INC., $39.85, Nasdaq symbol EBAY, is still a buy for long-term gains.

The company operates e-commerce websites, in over 190 countries, where sellers pay fees to auction items or offer them at fixed prices.

eBay reported better-than-expected results for the third quarter of 2023....
CGI INC., $137.75, Toronto symbol GIB.A, is your #1 Aggressive Buy for 2023.

The stock lets investors tap Canada’s largest provider of computer outsourcing services. It helps its clients automate certain routine functions like accounting and buying supplies....

You Can See Our Income-Seeking Portfolio For December 2023 Here.


This month we update our Portfolio for Income-Seeking Investors.


In light of the current market volatility, investors are paying more attention to dividend yields (dividends paid per share divided by the current stock price)....
EMERA INC. $48 (www.emera.com) is a buy. The company owns 100% of Nova Scotia Power, that province’s main electricity supplier. Its other interests include several power plants and natural gas pipelines in the U.S....