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Energy Stocks

New trucks offset lower crude prices

SUNCOR ENERGY INC. $54 is a buy. Canada’s largest integrated oil producer (Toronto symbol SU; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.2 billion; Market cap: $64.8 billion; Price-to-sales ratio: 1.2; Dividend yield: 4.2%; TSINetwork Rating: Average; www.suncor.com) now operates 120 autonomous haul trucks (AHTs) at two of its oil sands projects in Alberta. Control room operators remotely monitor them as they transport bitumen from the mines to processing facilities. The system has helped reduce disruptive incidents and injuries.

1 min read

Pat McKeough

Value Stocks

Use our updates to enhance your portfolio

MOLSON COORS CANADA INC. is a hold. The brewer (Toronto symbols TPX.A $81 and TPX.B $69; Conservative Growth and Income Portfolios, Consumer sector; Shares outstanding: 206.0 million; Market cap: $13.9 billion; Price-to-sales ratio: 0.9; Dividend yield: 3.0%; TSINetwork Rating: Average; www.molsoncoors.com) recently acquired the rights to produce, market and sell Fever-Tree products in the U.S. Based in the U.K, that firm makes a variety of tonics, ginger beers and cocktail mixers. Molson and Fever-Tree have also agreed to equally split the new 10% U.S. tariff on imports of U.K. beverages.

2 min read

Pat McKeough

Growth Stocks

Better efficiency spurs Metro

METRO INC. $106 is a buy. The company (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 222.0 million; Market cap: $23.5 billion; Price-to-sales ratio: 1.1; Dividend yield: 1.4%; TSINetwork Rating: Average; www.metro.ca) operates 999 grocery stores and 639 drugstores, in Quebec, Ontario and New Brunswick.

1 min read

Pat McKeough

Value Stocks

Two retailers with low tariff risk

These two retailers have moved up lately. That’s partly because they have no operations in the U.S., so they have little exposure to tariffs. Their strong brands should also continue to spur customer traffic—and their earnings.

2 min read

Pat McKeough

Growth Stocks

Acquisitions are key to Stantec’s success

Stantec’s shares have jumped 33% since the start of 2025. That’s partly due to its policy of using acquisitions to expand. While risky, the company’s long history of successfully integrating new businesses lowers the negative aspects of this strategy. Stantec is also making better use of digital technologies, including artificial intelligence, to improve efficiency. These factors should drive its earnings—and share price—higher over the next few years.

2 min read

Mining Stocks

Teck aims to tap rare earth demand

TECK RESOURCES LTD. $53 remains a buy for the Resources sector of your portfolio. The company (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 490.4 million; Market cap: $26.0 billion; Price-to-sales ratio: 2.8; Dividend yield: 0.9%; TSINetwork Rating: Extra Risk; www.teck.com) recently sold its metallurgical coal operations. As a result, it now focuses on copper and zinc mines.

1 min read

Pat McKeough

Dividend Stocks

Dividend safe despite high debt

SOUTH BOW CORP. $36 is a hold. The company (Toronto symbol SOBO; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 207.6 million; Market cap: $7.5 billion; Price-to-sales ratio: 2.6; Dividend yield: 7.6%; TSINetwork Rating: Average; www.southbow.com) took its current form on October 1, 2024, when TC Energy (see page 71) spun off its oil pipeline business. Investors received 0.2 of a South Bow share for every TC share they held. This new company operates a 4,900-kilometre pipeline network that pumps crude oil from Alberta to refineries in Illinois, Oklahoma and the U.S. Gulf Coast.

1 min read

Pat McKeough

Growth Stocks

Cut your ‘aggressive’ risk with these leaders

Our aggressive stock recommendations can give you bigger gains–and bigger losses–than our conservative recommendations. While that higher volatility comes with increased risk, you can reduce it by opting for aggressive stocks with strong underlying value and hidden assets.

Here are three picks from our Aggressive Stock Portfolio that are solid choices for most investors. All are market leaders, and they’re doing a good job controlling costs. For your new buying, however, we prefer Toromont and Mattr over Saputo.

6 min read

Pat McKeough

Growth Stocks

CAE has a bright outlook

CAE INC. $40 is a buy. The company (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 320.6 million; Market cap: $12.8 billion; Price-to-sales ratio: 2.8; Dividend suspended in March 2020; TSINetwork Rating: Average; www.cae.com) is a leading maker of flight simulators for commercial and military aircraft. It also operates pilot-training schools in over 40 countries.

Due to rising retirement and turnover rates, CAE expects the global air travel industry will need 1.5 million new pilots, aircraft maintenance technicians and cabin crew over the next 10 years. That’s up 8% from its previous forecast.

1 min read

Pat McKeough

Blue Chip Stocks

Look for LNG to spur TC Energy

The new liquefied natural gas (LNG) facility in Kitimat, B.C. recently shipped its first LNG cargo to a customer in Japan. Two more LNG plants should begin operating in the next few years.

Rising demand for LNG—along with Ottawa’s plan to streamline the construction of new infrastructure projects—bodes well for TC Energy. It built and operates the Coastal GasLink pipeline that supplies gas to the Kitimat facility and it will likely play a big role in connecting future LNG facilities with gas producers in Alberta and B.C.

What’s more, TC operates most of its pipelines under rate-regulated or take-or-pay contracts with gas producers. Those predictable cash flows cut the risk of these new projects. They also give the company plenty of room to keep increasing your dividend.

4 min read

Pat McKeough

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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.