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Projects will fuel hikes up to 2026

FORTIS INC. $58 is a buy. The company (Toronto symbol FTS; Income-Growth Portfolio, Utilities sector; Shares outstanding: 474.9 million; Market cap: $27.5 billion; Dividend yield 3.7%; Dividend Sustainability Rating: Highest; www.fortisinc.com) is the main power utility in Newfoundland and PEI....

1 min read

Pat McKeough

Dividend Stocks

Office reopenings will lift these two REITs

The easing of the Omicron wave of COVID-19 should let many businesses re-open their offices after two years of lockdowns. That would help lift occupancy rates and support the distributions of these two office-focused REITs.

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $44 is a buy. The REIT (Toronto symbol AP.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 127.7 million; Market cap: $5.6 billion; Dividend yield: 4.0%; Dividend Sustainability Rating: Above Average; www.alliedreit.com) owns 195 office buildings and 11 properties under development, mainly in major Canadian cities....

2 min read

Pat McKeough

Dividend Stocks

A Yield to Caution

LIFECO SPLIT CORP. $6.75 (Toronto symbol LCS; Shares outstanding: 5.3 million; Market cap: $35.8 million; Dividend yield: 13.4%; www.quadravest.com) holds shares of Canada’s four largest publicly listed life insurance companies.

These are Sun Life Financial, Manulife Financial, Great-West Lifeco and iA Financial....

1 min read

Pat McKeough

Dividend Stocks

Activist push benefits CN investors

Regulatory opposition ended CN Rail’s bid to acquire U.S. railway Kansas City Southern (KCS) for $33.6 billion U.S. in September 2021. KCS eventually accepted a deal from CP Rail.

CN’s failure attracted the criticism of U.K.-based activist investor TCI Fund Management Ltd....

2 min read

Pat McKeough

How To Invest

Q: Pat, could I have your thoughts on Steelcase? Thank you.

A: Steelcase Inc., $12.25, symbol SCS on New York (Shares outstanding: 87.0 million; Market cap: $1.4 billion; www.steelcase.com), is the largest office furniture manufacturer in the world....

2 min read

Pat McKeough

How To Invest

Q: Can I get TSI’s advice on whether Valvoline is a buy or not? Thank you.

A: Valvoline Inc., $32.24, symbol VVV on New York (Shares outstanding: 179.4 million; Market cap: $5.9 billion; www.valvoline.com), is a leading provider of automotive services and a marketer and supplier of premium branded lubricants....

3 min read

Pat McKeough

How To Invest

Q: Please, may I have your comments on Cooper Companies (NYSE:COO)? Thank you.

A: The Cooper Companies Inc., $399.89, symbol COO on New York (Shares outstanding: 49.3 million; Market cap: $19.5 billion; www.coopercos.com), is a California-based healthcare business with two operating segments....

1 min read

Pat McKeough

How To Invest

What is Pat’s commentary for the week of February 23, 2022

This week’s first question raises a subject I’ve written about a number of times over the years. Now is a particularly good time for an update.

Q: Hello, Pat. I have been an Inner Circle member for a while now and find it very useful. So, I want to thank you for your great advice....

4 min read

Pat McKeough

How To Invest

Q: I’m interested in getting your opinion on Rockwell Automation, trading on New York. Thank you

A: Rockwell Automation Inc., $260.18, symbol ROK on New York (Shares outstanding: 116.2 million; Market cap: $30.7 billion; www.rockwellautomation.com), provides industrial automation hardware and software products.

The company has three operating segments: Intelligent Devices (47% of 2021 sales), Lifecycle Services (25%), and Software and Control (28%)....

1 min read

Pat McKeough

How To Invest

Spinoffs & Takeovers Hotline – Friday, February 18, 2022

VONTIER CORP., $24.48, symbol VNT on New York, is focused on transportation and mobility solutions. The company’s portfolio of brands includes mobility technologies, retail and commercial fuelling, fleet management, telematics (vehicle communication systems), and vehicle diagnostics and repair.

Vontier reports that its products and services keep traffic flowing through more than 90,000 intersections, serve more than 260,000 customer fuelling sites, monitor more than 480,000 commercial vehicles, and equip over 600,000 auto technicians worldwide.

In October 2020, Fortive (symbol FTV on New York) spun off Vontier....

9 min read

Pat McKeough

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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.