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Dream Office converts a Calgary office building

Dream Office’s high-quality boutique office buildings (unique buildings with smaller floorspace) outperform older buildings during periods of weaker office fundamentals. But at the same time, the trust is converting its less-desirable office properties into much more attractive residential units.

DREAM OFFICE REIT, $15.77, is a buy. The REIT (Toronto symbol D.UN; TSINetwork Rating: Extra Risk) (www.dream.ca/office; Units o/s: 16.4 million; Market cap: $299.3 million; Dividend yield: 6.3%) will soon embark on an office conversion project in Calgary, after securing both a grant from the City and financing for the project....

1 min read

Pat McKeough

Mining Stocks

Saudi link for MP

MP MATERIALS, $37.22, is a buy. The company (New York symbol MP; TSINetwork Rating: Extra Risk) (www.mpmaterials.com; Shares o/s: 163.5 million; Market cap: $6.1 billion; No divids.) owns the Mountain Pass mine, the only significant rare-earth commercial mining and processing site in North America.

MP...

1 min read

Pat McKeough

Blue Chip Stocks

Intact’s acquisitions building value

Intact Financial is now close to its recent, all-time high. That translates into a spectacular 612% gain since we first recommended the shares at $42.95 in April 2010! Our analysis suggests this Power Buy is poised to keep moving higher for you, our subscribers.

INTACT FINANCIAL, $305.99, is a Power Buy. The insurer (Toronto symbol IFC; TSINetwork Rating: Average) (www.intactfc.com; Shares outstanding: 178.3 million; Market cap: $54.6 billion; Dividend yield: 1.7%) is Canada’s largest provider of property and casualty coverage: its policies cover more than five million individuals and businesses....

2 min read

Pat McKeough

How To Invest

What is Pat’s commentary for the week of June 17, 2025

Pharmaceutical stocks are often riskier than most investors realize. Drug companies must spend large sums to develop new medications and therapies, many of which will fail. Those that do succeed, will eventually lose their patent protection and face strong competition from generic drug producers.

Drugmakers also face political risk....

10 min read

Pat McKeough

How To Invest

Spinoffs & Takeovers Hotline – Friday, June 13, 2025

SNOWFLAKE INC., $208.18, symbol SNOW on New York, provides cloud-based data storage and analytics to more than 11,500 customers worldwide.

San Mateo, California-based Snowflake was founded in 2012 to help companies manage data they store in the cloud—the remote servers and software services that firms use to store and process vast amounts of information....

10 min read

Pat McKeough

How To Invest

Power Growth Investor Hotline – Friday June 13, 2025

NORTH WEST COMPANY, $49.95, is a buy. The retailer (symbol NWC on Toronto) sells food, and everyday products and services through 230 stores. Those locations are mainly in northern communities across Canada and Alaska. Through your shares, you also tap the company’s operations in remote regions of Hawaii, the wider South Pacific and the Caribbean.

North West’s food offerings consist of perishable and non-perishable products including groceries, dairy, produce, meat, convenience foods, food service, home meal replacement, health and beauty aids, paper products and cleaning supplies....

7 min read

Pat McKeough

How To Invest

Dividend Advisor Hotline – Friday, June 13, 2025

WELLS FARGO & CO., $72.36, New York symbol WFC, is a buy.

The bank had total assets of $1.95 trillion as of March 31, 2025. That makes Wells Fargo the fourth-largest bank in the U.S., after J.P. Morgan, Bank of America, and Citigroup.

Wells Fargo last increased your quarterly dividend by 14.3% with the September 2024 payment, to $0.40 a share from $0.35....

7 min read

Pat McKeough

How To Invest

Wall Street Stock Forecaster Hotline – Friday, June 13, 2025

WARNER BROS. DISCOVERY INC., $10.03, Nasdaq symbol WBD, remains a hold.

The company took its current form in April 2022 when AT&T Inc. (New York symbol T) merged its WarnerMedia business with Discovery Inc. AT&T investors received 0.241917 shares of WBD as a tax-free distribution for each share they owned.

The new firm is a leading producer of entertainment, sports and information programming....

6 min read

Pat McKeough

How To Invest

The Successful Investor Hotline – Friday, June 13, 2025

ANDREW PELLER LTD. (class A shares) remains a buy for long-term gains.

The company, Toronto symbols ADW.A (non-voting) $5.02 and ADW.B $5.00, is Canada’s second-largest wine producer, after Arterra Wines.

In its fiscal 2025 fourth quarter, ended March 31, 2025, Peller’s sales fell 11.2%, to $75.5 million from $85.0 million a year earlier.

That decrease is largely because the year-earlier quarter included $5.8 million in support payments from the Ontario government; in fiscal 2025, the company recorded those payments throughout the year instead of reporting all in the final quarter like it did the previous year.

Thanks to a cost-cutting plan, losses in the quarter improved to $0.02 a share (or a total of $747,000) from $0.17 a share (or $6.9 million)....

5 min read

Pat McKeough

ETFs

Here’s our Exchange-traded Funds Portfolio for July 2025

You Can See Our Exchange-Traded Funds Portfolio For July 2025 Here.

ETFs in brief

Exchange-traded funds are set up to mirror the performance of a stock-market index or sub-index....

1 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.

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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.