Toromont Industries Ltd.
Toromont Industries Ltd. offers consistent revenue growth, an exceptional dividend track record, diversified business segments, and a strong balance sheet.
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.
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.
STANLEY BLACK & DECKER INC. $66 is a buy. The company (New York symbol SWK; Conservative Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 154.7 million; Market cap: $10.2 billion; Dividend yield: 5.0%; Dividend Sustainability Rating: Above Average; www.stanleyblackanddecker.com) is one of the world’s largest makers of hand and power tools.
With the September 2024 payment, Stanley increased your quarterly dividend by 1.2%, to $0.82 a share from $0.81....
With the September 2024 payment, Stanley increased your quarterly dividend by 1.2%, to $0.82 a share from $0.81....
TOROMONT INDUSTRIES LTD. $112 is a buy. The company (Toronto symbol TIH; Aggressive Growth Portfolio; Manufacturing sector; Shares outstanding: 81.3 million; Market cap: $9.1 billion; Price-to-sales ratio: 1.8; Dividend yield: 1.9%; TSINetwork Rating: Extra Risk; www.toromont.com) distributes a broad range of Caterpillar and other branded industrial equipment in eastern Canada and the Eastern Seaboard of the U.S....
SAPUTO INC. $25 is still a hold. The company (Toronto symbol SAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 422.6 million; Market cap: $10.6 billion; Price-to-sales ratio: 0.6; Dividend yield: 3.0%; TSINetwork Rating: Average; www.saputo.com) is Canada’s largest producer of dairy products....
Toromont Industries Ltd. is seeing rising demand from an infrastructure boom as it continues 36 consecutive years of dividend growth.