Toromont Industries Ltd.

TC ENERGY INC., $56.84, Toronto symbol TRP, remains a buy.

TC generates steady cash flow for investors mainly through a 93,700-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. Its other operations include 4,900 kilometres of crude oil pipelines and nine power plants.

The company continues to benefit from rising oil and gas prices, which have spurred demand for space on its pipelines....
TOROMONT INDUSTRIES LTD. $106 is a buy. The company (Toronto symbol TIH; Aggressive Growth Portfolio; Manufacturing sector; Shares o/s: 82.3 million; Market cap: $8.7 billion; Price-to-sales ratio: 2.2; Dividend yield: 1.5%; TSINetwork Rating: Extra Risk; www.toromont.com) distributes bulldozers, backhoe loaders and drills, including Caterpillar machinery, in eastern Canada and along the U.S....
TOROMONT INDUSTRIES LTD. $102 is a buy. The company (Toronto symbol TIH; Aggressive Growth Portfolio; Manufacturing sector; Shares outstanding: 82.3 million; Market cap: $8.4 billion; Price-to-sales ratio: 2.1; Dividend yield: 1.5%; TSINetwork Rating: Extra Risk; www.toromont.com) distributes bulldozers, backhoe loaders and drills, including Caterpillar machinery, in eastern Canada and along the U.S....
BCE INC., $62.53, Toronto symbol BCE, is a buy.

The company is Canada’s largest traditional telephone service provider: it has 2.16 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. BCE also has 4.07 million high-speed Internet users and 2.74 million TV subscribers (satellite and fibre-optic)....
BCE INC., $61.75, Toronto symbol BCE, is your #1 Income Buy for 2022.

The company is Canada’s largest traditional telephone service provider: it has 2.16 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. BCE also has 4.07 million high-speed Internet users and 2.74 million TV subscribers (satellite and fibre-optic)....
The shares of these two heavy equipment suppliers have slumped recently as investors fear a recession would hurt their earnings growth. However, both firms now get most of their revenue from servicing equipment, which cuts their reliance on new equipment sales....
BCE INC., $63.71, Toronto symbol BCE, is your #1 Income Buy for 2022.

The company is Canada’s largest traditional telephone service provider: it has 2.21 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. BCE also has 3.98 million high-speed Internet users and 2.72 million TV subscribers (satellite and fibre-optic)....
These two industrial firms have a long history of annual dividend increases. We expect investors in both these companies will continue to benefit from their improving earnings and strong balance sheets.


GENUINE PARTS CO. $157 is a buy. The company (New York symbol GPC; Income-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 141.4 million; Market cap: $22.2 billion; Dividend yield: 2.3%; Dividend Sustainability Rating: Above Average; www.genpt.com) is a leading seller of replacement auto parts....