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Despite a recent decision by OPEC to cut production, crude oil prices are still down about 10% since the start of 2023. That’s largely due to slowing economic growth in China, even after lifting most COVID-19 restrictions. High interest rates have also increased fears of a slowdown in the U.S....
LEON’S FURNITURE LTD. $23 is a buy for aggressive investors. The retailer (Toronto symbol LNF; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 67.9 million; Market cap: $1.6 billion; Price-to-sales ratio: 0.5; Dividend yield: 2.8%; TSINetwork Rating: Average; www.leons.ca) began operating in 1909....
This is the fifth year in a row that we’ve selected CP Rail–now Canadian Pacific Kansas City Ltd.—as your #1 Conservative Buy. In fact, over that time, the stock has gained close to 130% compared to just 28% for the S&P/TSX Composite Index.
CP recently completed its purchase of U.S.-based railway Kansas City Southern....
CP recently completed its purchase of U.S.-based railway Kansas City Southern....
A: The Fidelity Global Innovators Fund is a mutual fund that aims to invest in companies with the potential to be groundbreaking innovators, or “disruptors.” The fund looks globally in its search for top firms ready to successfully apply innovative and emerging technology or that employ innovative business models....
Here’s Part One of the most-recent letter I sent to our Portfolio Management clients in February 2023:
“When new business ideas come along, many investors get over-excited. They see the growth potential right away, but it takes them longer to spot the negatives....
“When new business ideas come along, many investors get over-excited. They see the growth potential right away, but it takes them longer to spot the negatives....
KIMBERLY CLARK CORP., $145.18, symbol KMB on New York, is a leading maker of personal-care and tissue products. Its brands include Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Neve, Plenitud, Viva and WypAll.
The consumer goods giant has been in business for 151 years and its wide range of family, baby, and feminine care brands are sold in over 175 countries....
The consumer goods giant has been in business for 151 years and its wide range of family, baby, and feminine care brands are sold in over 175 countries....
BROADRIDGE FINANCIAL SOLUTIONS INC., $152.87, is a buy. The company, symbol BR on New York, serves the investment industry in three main areas: investor communications, securities processing, and transaction clearing.
Broadridge is best known for processing and distributing proxies and regulatory filings for nearly every publicly traded U.S....
Broadridge is best known for processing and distributing proxies and regulatory filings for nearly every publicly traded U.S....
IMPERIAL OIL LTD., $62.34, Toronto symbol IMO, is a buy.
This company gets about 90% of its production from oil sands operations in Alberta. Imperial also has conventional oil and natural gas operations in the West and holds stakes in offshore projects in Atlantic Canada.
Its other operations include three refineries (one in Alberta, two in Ontario) and a petrochemical plant in Sarnia, Ontario.
With the July 2023 payment, Imperial will raise your quarterly dividend by 13.6%, to $0.50 a share from $0.44....
This company gets about 90% of its production from oil sands operations in Alberta. Imperial also has conventional oil and natural gas operations in the West and holds stakes in offshore projects in Atlantic Canada.
Its other operations include three refineries (one in Alberta, two in Ontario) and a petrochemical plant in Sarnia, Ontario.
With the July 2023 payment, Imperial will raise your quarterly dividend by 13.6%, to $0.50 a share from $0.44....
J.P. MORGAN CHASE & CO., $136.74, New York symbol JPM, remains a buy.
The stock lets investors tap the largest banking firm in the U.S., with total assets of $3.74 trillion as of March 31, 2023.
This week, Morgan agreed to acquire most of the assets and deposits of California-based First Republic Bank, as well as some of its liabilities, from the U.S....
The stock lets investors tap the largest banking firm in the U.S., with total assets of $3.74 trillion as of March 31, 2023.
This week, Morgan agreed to acquire most of the assets and deposits of California-based First Republic Bank, as well as some of its liabilities, from the U.S....
TORONTO-DOMINION BANK, $83.80, Toronto symbol TD, remains a buy.
Due to delays securing the necessary regulatory approvals, TD has cancelled its deal to acquire First Horizon Corporation (New York symbol FHN) for $13.4 billion U.S. The purchase would have made TD’s banking operations the sixth largest in the U.S.
As a result, the bank will pay $225 million U.S....
Due to delays securing the necessary regulatory approvals, TD has cancelled its deal to acquire First Horizon Corporation (New York symbol FHN) for $13.4 billion U.S. The purchase would have made TD’s banking operations the sixth largest in the U.S.
As a result, the bank will pay $225 million U.S....