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RIOCAN REAL ESTATE INVESTMENT TRUST, $25.23, is a buy. The REIT (Toronto symbol REI.UN; Units o/s: 309.8 million; Market cap: $7.8 billion; TSINetwork Rating: Average; Yield: 4.0%; www.riocan.com) continues to benefit from the re-opening of malls and restaurants....
The market plunge at the start of the COVID-19 crisis lowered prices for most REITs. That’s because the pandemic forced many businesses to temporarily close. However, the waning pandemic should see the economy increasingly normalize in the next several months....
TC ENERGY INC., $69.49, is a buy. The company (Toronto symbol TRP; Shares outstanding: 981.0 million; Market cap: $66.8 billion; TSINetwork Rating: Above Average; Dividend yield: 5.2%; www.tcenergy.com.) continues to benefit from rising oil and gas prices, which have spurred demand for space on its pipelines....
Business—both in Canada and internationally—remains strong for our two top Canadian insurance recommendations. These two stocks largely recovered all of the ground they lost in March 2020 with onset of the pandemic. We think they are now poised to move even higher....
BROOKFIELD RENEWABLE PARTNERS L.P., $45.98, is a buy. The partnership (Toronto symbol BEP.UN; Units o/s: 309.1 million; Market cap: $29.8 billion; TSINetwork Rating: Extra Risk; Dividend yield: 3.5%; www.brookfieldrenewable.com) cuts risk by selling power from its plants under long-term contracts....
Oil and gas stocks have moved up as the U.S. and other economies recover. The war in Ukraine has also driven up prices. We recommend that most investors maintain exposure to the oil and gas industry as part of a balanced portfolio. But to cut risk, you should stick with producers with positive cash flow even at low energy prices....
INVESCO SOLAR ETF, $70.35, is a buy for aggressive investors. The ETF (New York symbol TAN; buy or sell through brokers) tracks solar-related companies (including technology firms and utilities) listed on global exchanges.
The fund’s top holdings are SolarEdge Technologies (Israel; solar-power batteries), 11....
The fund’s top holdings are SolarEdge Technologies (Israel; solar-power batteries), 11....
Generally speaking, Canadians are blocked from buying mutual funds that are registered in the U.S. unless those funds are also registered with provincial securities commissions. (Moreover, some Canadian mutual funds are only available in a limited number of provinces.)
Investors in this country can, however, buy exchange-traded funds, or ETFs, listed on U.S....
Investors in this country can, however, buy exchange-traded funds, or ETFs, listed on U.S....
BANK OF NOVA SCOTIA, $93.19, is a #1 Buy for 2022. The lender (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $110.5 billion; TSINetwork Rating: Above Average; Dividend yield: 4.3%; www.scotiabank.com) is Canada’s third-largest bank.
Bank of Nova Scotia continues to reverse last year’s big increase in loan-loss provisions as the pandemic eases and the economy re-opens....
Bank of Nova Scotia continues to reverse last year’s big increase in loan-loss provisions as the pandemic eases and the economy re-opens....
TD Bank was as well prepared—and well capitalized—to handle the COVID-19 pandemic as it was the 2008-2009 financial crisis. We still see TD Bank as a top pick, especially given its expanding and profitable U.S. businesses (including its just-announced acquisition of Memphis-based bank First Horizon Corp....