Topics

Despite the real possibility of an economic slowdown in 2023, Canada’s big banks remain high-quality buys for dividend investors. That’s mainly due to the tougher new lending standards and stress-tests that the federal government brought in following the 2008 financial crisis....

2 min read

Pat McKeough

Blue Chip Stocks

Updating your Conservative stocks: Procter & Gamble, Sherin-Williams and, Canon

PROCTER & GAMBLE CO. $152 (www.pg.com) is a buy. The personal and household products maker continues to benefit from its 2014 decision to shed about 100 of its less-important brands and focus on about 65 core brands....

1 min read

Pat McKeough

Value Stocks

High-quality clientele gives Amex an edge

Re-opening of the economy has spurred spending on travel and entertainment. It has also spurred American Express shares, which have recovered strongly from their pandemic low of $67. We still like the company’s long-term outlook, particularly as its focus on affluent clients helps keep credit losses low even as interest rates move higher.

AMERICAN EXPRESS CO....

2 min read

Pat McKeough

Dividend Stocks

Split-off helped fund share buybacks

3M COMPANY $123 remains a buy. The company (New York symbol MMM; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 576.3 million; Market cap: $70.9 billion; Price-to-sales ratio: 2.0; Dividend yield: 4.9%; TSINetwork Rating: Above Average; www.3m.com) produces more than 60,000 items, including air purifiers, adhesives, bandages and components for medical devices.

On September 1, 2022, 3M merged its Food Safety business with Neogen Corp....

1 min read

Pat McKeough

Growth Stocks

Here are three key updates on your portfolio

PHILIPS ELECTRONICS N.V. ADRs $14 is now a hold. Shares in the medical device maker (New York symbol PHG; Conservative Growth Portfolio, Manufacturing sector; ADRs outstanding: 870.2 million; Market cap: $12.2 billion; Price-to-sales ratio: 0.6; Dividend yield: 6.5%; TSINetwork Rating: Average; www.philips.com) have dropped 65% since the start of 2022, mainly due to the recall of 5.5 million sleep apnea and ventilator machines on concerns a foam used in the devices could degrade and release harmful particles.

So far, the company has distributed 4 million replacement devices and repair kits....

2 min read

Pat McKeough

Value Stocks

Investment loss hurts earnings

MCKESSON CORP. $380 is a buy. The wholesale drug distributor (New York symbol MCK; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 141.8 million; Market cap: $53.9 billion; Price-to-sales ratio: 0.2; Dividend yield: 0.6%; TSINetwork Rating: Above Average; www.mckesson.com) reported 5.4% higher revenue for its fiscal 2023 second quarter, ended September 30, 2022, to $70.16 billion from $66.58 billion a year earlier....

1 min read

Pat McKeough

Growth Stocks

These two still have long-term appeal

Becton has held up well despite the current market downturn—it’s up 3% in the past year compared to the 16% drop for the S&P 500 Index. However, Baxter is down 40% as its latest acquisition has failed to live up to market expectations. Even so, easing of the COVID-19 pandemic should spur demand for their products as hospitals resume regular medical procedures....

2 min read

Pat McKeough

Growth Stocks

Diageo enters new premium market

DIAGEO PLC ADR $181 is a hold. The company (New York symbol DEO; Conservative Growth Portfolio, Consumer sector; ADRs o/s: 577.6 million; Market cap: $104.5 billion; Price-to-sales ratio: 5.5; Dividend yield: 2.2%; TSINetwork Rating: Above Average; www.diageo.com) is a leading maker of premium alcoholic beverages....

1 min read

Pat McKeough

Mining Stocks

Three ways to boost your foreign exposure

An easy way for investors to gain international exposure is with well-established foreign firms whose shares trade as American Depositary Receipts on the New York exchange. Here are updates on three of our favourite ADR stocks (including Diageo, see box).

ABB LTD....

2 min read

Pat McKeough

Growth Stocks

NortonLifeLock has a new name

GEN DIGITAL INC. $22 is a buy. The company (Nasdaq symbol GEN; Aggressive Growth Portfolio; Consumer sector; Shares outstanding: 581.3 million; Market cap: $12.8 billion; Price-to-sales ratio: 4.5; Dividend yield: 2.3%; TSINetwork Rating: Average Average; www.gendigital.com) changed its name from NortonLifeLock (old symbol NLOK) following its September 2022 acquisition of European cybersecurity firm Avast plc for $8.1 billion....

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.