Topics
TORONTO-DOMINION BANK, $86.45, Toronto symbol TD, is a buy.
TD last raised your quarterly dividend with the January 2022 payment. Investors now receive $0.89 a share, up 12.7% from $0.79. The new annual rate of $3.56 yields a high 4.1%.
The bank has now agreed to acquire U.S.-based investment banking firm Cowen Inc....
TD last raised your quarterly dividend with the January 2022 payment. Investors now receive $0.89 a share, up 12.7% from $0.79. The new annual rate of $3.56 yields a high 4.1%.
The bank has now agreed to acquire U.S.-based investment banking firm Cowen Inc....
PFIZER INC., $50.11, New York symbol PFE, is your #1 Income Buy for 2022.
The company is one of the world’s largest makers of prescription drugs. Its top-selling brands include Lyrica (epilepsy), Celebrex and Enbrel (arthritis), and Prevnar (pneumonia).
Pfizer has increased its dividend rate each year since 2011....
The company is one of the world’s largest makers of prescription drugs. Its top-selling brands include Lyrica (epilepsy), Celebrex and Enbrel (arthritis), and Prevnar (pneumonia).
Pfizer has increased its dividend rate each year since 2011....
CAE INC., $27.56, Toronto symbol CAE, remains a buy for long-term gains.
The company is a leading maker of flight simulators for commercial and military aircraft. It also operates pilot-training schools in over 35 countries and makes mannequins and other medical-simulators for training health professionals.
CAE reported lower-than-expected revenue and earnings for its latest quarter....
The company is a leading maker of flight simulators for commercial and military aircraft. It also operates pilot-training schools in over 35 countries and makes mannequins and other medical-simulators for training health professionals.
CAE reported lower-than-expected revenue and earnings for its latest quarter....
GREAT-WEST LIFECO INC. $32 (www.greatwestlifeco.com) is a hold. The insurer recently completed its $4.45 billion acquisition of the full-service retirement services unit of Prudential Financial (New York symbol PRU)....
Shares of Royal Bank have declined lately, mainly due to fears that rising interest rates will slow demand for new loans and lead to higher writeoffs. However, the implementation of mortgage stress tests in the past few years should keep any losses low. The bank also continues to expand its profitable wealth management operations.
ROYAL BANK OF CANADA $126 is a buy. The bank (Toronto symbol RY; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.4 billion; Market cap: $176.4 billion; Price-to-sales ratio: 3.9; Dividend yield: 4.1%; TSINetwork Rating: Above Average; www.rbc.com) is Canada’s largest chartered bank by market cap....
ROYAL BANK OF CANADA $126 is a buy. The bank (Toronto symbol RY; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.4 billion; Market cap: $176.4 billion; Price-to-sales ratio: 3.9; Dividend yield: 4.1%; TSINetwork Rating: Above Average; www.rbc.com) is Canada’s largest chartered bank by market cap....
RESTAURANT BRANDS INTERNATIONAL INC. $77 is a buy. The company (Toronto symbol QSR, Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 449.1 million; Market cap: $34.6 billion; Price-to-sales ratio: 4.5; Dividend yield: 3.6%; TSINetwork Rating: Average; www.rbi.com) is the world’s third-largest fast-food operator after McDonald’s (No....
LOBLAW COMPANIES LTD. $116 is a buy. The country’s largest supermarket operator (Toronto symbol L; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 327.7 million; Market cap: $38.0 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.4%; TSINetwork Rating: Above Average; www.loblaw.ca) paid $832 million for Lifemark Health Group in May 2022....
LINAMAR CORP. $60 remains a buy. The company (Toronto symbol LNR; Aggressive Growth Portfolio, Manufacturing sector; Shares outstanding: 63.6 million; Market cap: $3.8 billion; Price-to-sales ratio: 0.6; Dividend yield: 1.3%; TSINetwork Rating: Average; www.linamar.com) makes a variety of automotive parts, including cylinder heads and cylinder blocks....
These two engineering firms continue to benefit as governments and businesses plan new infrastructure and other projects on easing of the COVID-19 pandemic. Still, Stantec remains the better choice for your new buying as SNC continues to wind down its unprofitable legacy projects.
STANTEC INC....
Dairy products maker Saputo recently began a multi-year restructuring plan to improve productivity and help it cope with rising fuel, labour and other costs. It also stands to gain as restaurants see business ramp up following COVID lockdowns. Still, the stock will likely trade in a narrow range until the company completes that restructuring.
SAPUTO INC....