Topics

How To Invest

Here’s our Income-Seeking Portfolio for June 2023

You can see our Income-Seeking Portfolio for June 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)....

1 min read

Pat McKeough

Dividend Stocks

Updating our Income stocks: Royal Bank, Enbridge, & Molson Coors

ROYAL BANK OF CANADA $129 (www.rbc.com) is a buy. In November 2022, the bank agreed to pay $13.5 billion in cash for the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC)....

1 min read

Pat McKeough

Value Stocks

New growth plan will spur BNS’s recovery

Shares of Bank of Nova Scotia are down 19% in the past year, as rising interest rates have increased its loan-loss provisions. In response, new CEO Scott Thomson recently announced several new initiatives to spur growth. Those include increasing its deposit base (which will help cut its funding costs) and boosting efficiency....

2 min read

Pat McKeough

Growth Stocks

High interest rates could slow orders

BOMBARDIER INC. is a hold. The company (Toronto symbols BBD.A $56 and BBD.B $55; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 95.3 million; Market cap: $5.2 billion; Price-to-sales ratio: 0.7; Dividend suspended in February 2015; TSINetwork Rating: Speculative; www.bombardier.com) delivered 22 business jets in the quarter ended March 31, 2023, up from 21 a year earlier....

1 min read

Pat McKeough

Growth Stocks

Here are key updates on your holdings

TRANSCONTINENTAL INC. $15 is still a buy for aggressive investors. The company (Toronto symbol TCL.A; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 86.9 million; Market cap: $1.3 billion; Price-to-sales ratio: 0.4; Dividend yield: 6.0%; TSINetwork Rating: Average; www.tctranscontinental.com) is Canada’s leading commercial printer....

2 min read

Pat McKeough

Growth Stocks

Slowing economy is a risk factor

SNC-LAVALIN GROUP INC. $35 is still a hold. The engineering company’s (Toronto symbol SNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 175.6 million; Market cap: $6.1 billion; Price-to-sales ratio: 0.7; Dividend yield: 0.2%; TSINetwork Rating: Average; www.snclavalin.com) revenue in the first quarter of 2023 rose 7.2%, to $2.02 billion from $1.89 billion a year earlier....

1 min read

Pat McKeough

Growth Stocks

Their strong brands make them buys

These top providers of real estate services are moving in different directions. FirstService is hitting new highs thanks to strong demand for its residential services and recurring contracts. Colliers, however, has dipped on concerns that the shift to remote work and high interest rates are hurting demand for office buildings....

2 min read

Pat McKeough

Growth Stocks

Look for overseas markets to drive QSR

Restaurant Brands shares have jumped 45% in the past year, and are now just below their all-time high of $99. That big gain is largely due to the company’s success at fuelling post-pandemic growth with more drive-thru outlets and improved mobile ordering apps....

2 min read

Pat McKeough

Value Stocks

Rising backlog spurs dividend hike

FINNING INTERNATIONAL INC. $36 is a buy. The company (Toronto symbol FTT; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 149.3 million; Market cap: $5.4 billion; Price-to-sales ratio: 0.6; Dividend yield: 2.8%; TSINetwork Rating: Above Average; www.finning.com) sells and services Caterpillar-brand heavy equipment in Western Canada, South America, the U.K....

1 min read

Pat McKeough

Dividend Stocks

IGM expands south of the border

IGM FINANCIAL INC. $39 is a buy. The mutual fund seller (Toronto symbol IGM; Conservative Growth Portfolio, Finance sector; Shares outstanding: 237.8 million; Market cap: $9.3 billion; Price-to-sales ratio: 2.8; Dividend yield: 5.8%; TSINetwork Rating: Above Average; www.igmfinancial.com) is selling its Investment Planning Counsel wealth management business to Great-West Lifeco Inc....

1 min read

Pat McKeough

Testimonials

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.

Jonathan Chevreau
Financial Post Columnist
As a manager of more than $500 million in mutual funds, I have access to the best brokerage research available in this country. But I still take time to read Pat McKeough’s premium newsletters

John Sartz
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.

Chuck J.
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.