Topics

How To Invest

The Successful Investor Hotline – Friday, August 1, 2025

8 min read

ETFs

ISHARES MSCI JAPAN INDEX FUND, $73.98, is a buy. The ETF (New York symbol EWJ; buy or sell through brokers; us.ishares.com) aims to mirror the return of the Morgan Stanley Capital International Japan Index.

Top holdings are Toyota, 4.3%; Mitsubishi UFJ Financial, 4.0%; Sony Corp., 3.7%; Hitachi (conglomerate), 3.5%; Sumitomo Mitsui Financial, 2.4%; Nintendo (video games), 2.3%; Recruit Holdings (human resources), 2.1% and Tokyo Electron (computer chips), 2.0%. The ETF’s MER is reasonable at 0.50%.

1 min read

Pat McKeough

Dividend Stocks

Good quarter for Choice

CHOICE PROPERTIES REIT, $14.26, is a buy. Canada’s biggest REIT (Toronto symbol CHP.UN; Units o/: 723.8 million; Market cap: $10.4 billion; TSINetwork Rating: Average; Dividend yield: 5.4%; www.choicereit.ca) owns 703 properties, with 68.1 million square feet of retail, industrial, mixed-use and residential space.

Choice spent $361.1 million on acquisitions and dispositions in the first half of 2025. As a result, rental revenue in the quarter ended June 30, 2025, rose 4.6%, to $350.8 million from $335.4 million a year earlier.

1 min read

Pat McKeough

Growth Stocks

Metro adds technology

METRO INC., $105.70, is a buy. The company (Toronto symbol MRU; Shares outstanding: 218.1 million; Market cap: $23.1 billion; TSINetwork Rating: Average; Dividend yield: 1.4%; www.metro.ca) operates 999 grocery stores and 639 drugstores, in Quebec, Ontario and New Brunswick.

Metro continues to improve its efficiency. For example, the company recently opened two new distribution centres in Terrebonne, Quebec, and Toronto. Both of these facilities use automated equipment to handle fresh and frozen foods. That will cut long-term labour costs.

1 min read

Pat McKeough

Blue Chip Stocks

BCE get a key approval

BCE INC., $32.58, is a buy. The company (Toronto symbol BCE; Shares outstanding: 921.8 million; Market cap: $30.0 billion; TSINetwork Rating: Above Average; Yield: 5.4%) has now received approval from the U.S. Federal Communications Commission for its acquisition of Ziply Fiber, which offers high-speed Internet access and telephone services through a fibre-optic network to about 1.5 million residential and business customers in Washington State, Oregon, Idaho and Montana.

BCE is paying $3.65 billion U.S. in cash (about $5 billion Cdn.) for this business. It will also assume $2 billion (Cdn.) of Ziply’s debt.

1 min read

Pat McKeough

How To Invest

Here’s our CWA Safety-Conscious Stock Portfolio for August 2025

We think investors will profit most—and with the least risk—by buying shares of well-established companies with strong business prospects and strong positions in healthy industries. You should also take care to spread your money out across the five main economic sectors: Manufacturing & Industry, Resources, Finance, Utilities, and Consumer.

1 min read

Pat McKeough

Blue Chip Stocks

CPKC’s outlook remains bright

CPKC continues to realize the benefits of its 2023 acquisition of U.S. railway Kansas City Southern. Thanks to the related cost savings and improving efficiency, the company expects strong earnings gains in 2025. Meanwhile, we think CPKC is in a good position to withstand the negative impact of U.S. tariffs on imports from Canada and Mexico. About a third of its freight volumes are necessary goods, such as grains and fertilizers, so tariffs aren’t likely to significantly impact that business.

1 min read

Pat McKeough

Dividend Stocks

High-yield REITs with growth ahead

Allied Properties REIT owns some of the best properties in Canada, with a concentration on its biggest cities. It offers a very high yield as well as long-term growth prospects. Primaris REIT keeps adding atractive new properties. That bodes well for its unit price and distribution payouts. Each is a buy.

2 min read

Pat McKeough

Dividend Stocks

H&R may attract a bid

H&R REIT, $11.72, is a buy. Through your units in this REIT (Toronto symbol HR.UN; Units outstanding: 262.6 million; Market cap: $3.1 billion; TSINetwork Rating: Average; Dividend yield: 5.1%; www.hr-reit.com) you tap income from 364 residential, industrial, office and retail properties in Canada and the U.S. The trust’s occupancy rate is a solid 95.6%.

H&R’s units jumped recently. That’s because the trust confirmed that it has received interest from an undisclosed party about buying some of its properties, or perhaps the entire REIT. As a result, H&R has formed a special committee of independent trustees to review any proposals.

1 min read

Pat McKeough

Dividend Stocks

These safety-conscious stocks remain buys

NEWMONT CORP., $62.31, remains a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Shares outstanding: 1.1 billion; Market cap: $68.4 billion; TSINetwork Rating: Average; Dividend yield: 1.6%; www.newmont.com) is the world’s largest gold miner, with major mines in North America, South America, Australia, and Africa. In addition to gold, it also produces copper, silver, lead and zinc.

Newmont continues to concentrate on its top-tier mines in North America, South America, Australia, Papua New Guinea and Ghana.

One of those mines is its Merian open pit project in the South American country of Suriname. Newmont owns 75% of this operation, with Suriname’s state-owned oil company holding the remaining 25%.

2 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.