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Colliers is up 12% since the start of 2025, partly because recent acquisitions are fuelling its earnings. While using acquisitions to grow add risk, the company targets smaller firms that are easier to absorb. Despite its recent rise, the stock remains attractive in relation to its earnings, particularly as it gets more that 70% of its revenue from long-term service contracts.
Bank of Montreal’s shares are up 12% in 2025. That’s partly because its sizable U.S. operations help cut its tariff risk. Its wealth management and capital markets divisions (it’s the second-largest ETF provider in Canada) are also fuelling its earnings and giving it more room for dividend hikes and share buybacks.
ATKINSREALIS GROUP INC. $97 is a hold. The engineering company (Toronto symbol ATRL; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 174.8 million; Market cap: $16.6 billion; Price-to-sales ratio: 1.7; Dividend yield: 0.1%; TSINetwork Rating: Average; www.atkinsrealis.com) aims to expand its nuclear division, which designs and services nuclear power facilities. It now supplies 20% of its total revenue.
AtkinsRealis is in a strong position to win new contracts in the U.S., particularly as the Trump administration wants to quadruple that country’s nuclear atomic energy capacity over the next 25 years.
AtkinsRealis is in a strong position to win new contracts in the U.S., particularly as the Trump administration wants to quadruple that country’s nuclear atomic energy capacity over the next 25 years.
RESTAURANT BRANDS INTERNATIONAL INC. $90 is a buy for aggressive investors. The fast-food operator (Toronto symbol QSR, Aggressive Growth Portfolio, Consumer sector; Shares o/s: 452.0 million; Market cap: $43.4 billion; Price-to-sales ratio: 3.7; Dividend yield: 3.7%; TSINetwork Rating: Average; www.rbi.com) has 32,229 fast-food outlets in over 100 countries. Its top banners are Burger King, Tim Hortons (coffee and donuts), Popeyes (fried chicken) and Firehouse Subs.
These four power providers have moved up lately, and are close to all-time highs. That’s partly because falling interest rates in Canada have increased the appeal of utility stocks over bonds with income-seeking investors. Moreover, their new projects, which are mostly regulated, will give them even more room to keep raising your dividends.
These two financial services firms continue to benefit from new clients and rising stock market values. We still like both, but we prefer IGM for your new buying given its higher dividend yield.
LINAMAR CORP. $69 remains a buy for long-term gains. The Company (Toronto symbol LNR; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 59.8 million; Market cap: $3.8 billion; Price-to-sales ratio: 0.4; Dividend yield: 1.8%; TSINetwork Rating: Average; www.linamar.com) makes a variety of automotive parts It also makes self-propelled, scissor-type work platforms under the Skyjack brand, and agricultural harvesting equipment.
OVINTIV INC. $54 is a buy. The company (Toronto symbol OVV; Conservative Growth Portfolio, Resources sector; Shares outstanding: 257.0 million; Market cap: $13.9 billion; Price-to-sales ratio: 1.1; Dividend yield: 3.1%; TSINetwork Rating: Average; www.ovintiv.com) operates three core properties: Montney (B.C.), Permian (Texas) and Anadarko (Oklahoma). In addition to natural gas, these fields produce large amounts of oil and natural gas liquids.
In January 2025, Ovintiv sold its Uinta properties in Utah for $1.9 billion (all amounts except share price and market cap in U.S. dollars). The cash helped fund its acquisition of certain assets in the Montney region from Paramount Resources Ltd. (Toronto symbol POU) for $2.31 billion.
In January 2025, Ovintiv sold its Uinta properties in Utah for $1.9 billion (all amounts except share price and market cap in U.S. dollars). The cash helped fund its acquisition of certain assets in the Montney region from Paramount Resources Ltd. (Toronto symbol POU) for $2.31 billion.
TORONTO-DOMINION BANK $101 remains a buy for long-term gains and income. Shares in the lender (Toronto symbol TD; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.8 billion; Market cap: $156.6 billion; Price-to-sales ratio: 2.7; Dividend yield: 4.8%; TSINetwork Rating: Above Average; www.td.com) are now up over 30% since the start of the year. That’s mainly because TD has sold its entire 10.1% stake in Charles Schwab Corp. (New York SCHW) for about $20 billion. It’s using $8 billion of that cash to buy back 5.7% of its outstanding shares.
TELUS CORP. $22 (www.telus.com) is your #1 Income Buy for 2025. The company has agreed to sell 49.9% of its cellphone tower network to the Caisse de dépôt et placement du Québec. It manages that province’s public pension plan. Telus will receive $1.26 billion and retain a 50.1% stake in Terrion, the new company that will own 3,000 towers across British Columbia, Alberta, Ontario and Quebec. As part of the deal, Telus will lease capacity on the towers for an initial period of eight years, with various renewal options thereafter.