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Below are two renewable energy stocks that now get most of their revenue from regulated utilities or long-term contracts. That supports their high yields.


ALGONQUIN POWER & UTILITIES, $8.12, is a buy. The utility (Toronto symbol AQN; Shares outstanding: 767.8 million; Market cap: $6.2 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.5%; www.algonquinpower.com) completed the sale of its 42.2% ownership stake in Atlantica Sustainable Infrastructure plc in December 2024 for $1.08 billion (all figures except share price and market cap in U.S....

PEMBINA PIPELINE, $51.70, is a buy. The company (Toronto symbol PPL; Shares outstanding: 580.9 million; Market cap: $30.0 billion; TSINetwork Rating: Average; Dividend yield: 5.5%; www.pembina.com) now operates pipelines that carry half of Alberta’s conventional oil and almost all of B.C.’s oil.


The company has paid dividends continuously since 1997....
The shares of oil and gas stocks remain high as energy demand stays strong. We continue to recommend that most investors maintain some exposure to the oil and gas industry as part of a balanced portfolio. But, to cut risk, you should stick with producers that have positive cash flow even in times of low energy prices....
ISHARES S&P/TSX REIT INDEX ETF, $15.51, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 16 Canadian real estate investment trusts in the S&P/TSX REIT Index....
Until recently, higher interest rates had increased the demand for bonds and hurt that for REITs. Still, with rates now falling, H&R REIT and Primaris REIT remain excellent ways for investors to earn high, steady income. We see both as buys.


H&R REIT, $10.58, is a buy. Through your units in this REIT (Toronto symbol HR.UN; Units outstanding: 262.6 million; Market cap: $2.8 billion; TSINetwork Rating: Average; Dividend yield: 5.7%; www.hr-reit.com) you earn income from 364 residential, industrial, office and some retail properties in Canada and the U.S....

GLOBAL X COPPER MINERS ETF, $42.59, is a buy. The ETF (New York symbol COPX; buy or sell through brokers; www.globalxfunds.com) lets you track the Solactive Global Copper Miners Index, with 40 global mining and exploration firms....
If you’re looking for ETFs with quality holdings and exceptionally low fees, then Pennsylvania-based Vanguard Group offers you strong options.


Vanguard is one of the world’s largest investment management companies. In all, it administers over $10.4 trillion U.S., spread across 428 mutual funds and ETFs....
TELUS, $22.43, is a buy. The company (Toronto symbol T; Shares outstanding: 1.5 billion; Market cap: $34.2 billion; TSINetwork Rating: Above Average; Dividend yield: 7.2%; www.telus.com) is Canada’s largest wireless carrier. It also sells landline phone, Internet and TV services in B.C., Alberta and eastern Quebec.


The company, through its Telus Health division, is now buying Workplace Options....
Bank of Nova Scotia acquired a 14.9% stake in U.S.-banking firm KeyCorp (New York symbol KEY) in an effort to pivot away from its underperforming Latin American markets. KeyCorp provides a variety of financial services through 1,000 branches in 15 states.


The bank also transferred its operations in Colombia, Costa Rica and Panama to banking firm Davivienda....
We’ve often said that growth by acquisition is riskier than growth from a company’s existing operations. That’s because the buyer of something rarely knows as much about it as the seller. That knowledge gap exposes the buyer to an above-average risk of unpleasant surprises.

Of course, some companies do a better job than others when acquiring assets....