Despite a challenging restaurant environment, Texas Roadhouse continues to demonstrate exceptional same-store sales growth, with company-owned locations up 8.5% and franchises up 7.2% in the latest quarter.

This consistent performance has been driven by a winning combination of value pricing and quality offerings and suggests each of… Read More

Canadian index mutual funds were among the better financial innovations to come along in the past few decades. Still the popularity of ETFs may soon eclipse them
Canadian index mutual funds are specialized mutual funds that aim to equal the performance of a Canadian market index,… Read More

Dividend vs growth investing: Smart investing should include both strategies for maximum gains.

Growth investing tries to identify and buy rising stocks when they have further growth ahead. Often these stocks forgo paying dividends in favour of investing all their cash flow in growth. Dividend investing,… Read More

Corporate-class mutual funds let you switch between funds without having to pay capital gains taxes right away. But there are reasons why regular mutual funds, as well as ETFs, make better investments
Corporate class, or “tax-advantaged,” mutual funds are classes of funds that let you switch… Read More

Algonquin Power & Utilities’ decision to sell its non-regulated renewable assets and focus entirely on its regulated utilities business is a game-changer.

This move significantly reduces risk and enhances earnings predictability because regulated utilities typically offer more stable cash flows and returns. While the company… Read More

A Member of Pat McKeough’s Inner Circle recently asked for his advice on an oil and natural gas producer with a multinational presence.

Pat likes the company’s high yield and shareholder-friendly policies toward free cash flow and debt reduction. The long track record of dividend increases… Read More

Are CDRs the better way to hold U.S. investments? What are the pros and cons?.
Canadian Imperial Bank of Commerce (CIBC)’s Canadian Depository Receipts (CDRs) give investors the opportunity to buy shares and/or fractions of shares in any of a number of U.S. or other foreign… Read More

If you want to ensure a higher (and safer) rate of return for your retirement portfolio, then it’s important to know what not to invest in after retirement.

One thing we encourage all investors thinking about retirement to do is perform a detailed study of how… Read More

Here’s a great starting point to find balance in your portfolio strategy and make money over the long haul
If you build a portfolio as we advise, you improve your chances of making money over long periods, no matter what happens in the market.

Here are some… Read More

RRSP meltdown strategies promise to ease your tax burden on withdrawals, but these complicated manoeuvres are usually more lucrative for brokers than for investors
Investors sometimes ask us what we think of the so-called RRSP meltdown. This strategy, a favourite of some wealth advisors, would let… Read More

ETFs, including Canadian ETFs, trade on stock exchanges just like stocks. That’s different from mutual funds, which you can only buy at the end of the day at a price that reflects the fund’s value at the close of trading.

Prices of Canadian ETFs are quoted… Read More

Molson Coors continues to raise its dividends. However, its shares will likely remain in a narrow range as the company copes with changing consumer tastes and increasingly strong competition.

While the company’s cost-cutting initiatives have contributed to a 7.9% earnings increase, we feel it’s prudent to… Read More

Discover how to read stocks for long-term investing success through these tools
How to read stocks? It’s a simple enough question, and one all Successful investors must confront. Generally, they all try to arrange their portfolios so they profit more or less automatically over long periods… Read More

Junior mining stocks have strong profit potential—but they also have risk to match
Mining companies can generally be broken down into two categories, major and junior mining stocks. Majors are typically mining companies that have been in the mining business for many years and, more often… Read More

A recent $925 million acquisition represents a significant strategic move into the contract drug manufacturing space. This expansion lets the company offer a wider range of services to its existing client base while also tapping into an added roster of pharmaceutical and biotech clients.

Management’s decision… Read More

Pat McKeough recently replied to a member of the Inner Circle looking for an ETF that offers protection from down markets. The BMO Low Volatility Canadian Equity ETF selects stock holdings based on their beta score. That’s a commonly used, but often misleading, measure of… Read More

Our TSI Network rating systems for stock picks will help fuel your value investing returns.

Our value investing approach follows the basic model set by the old-fashioned Benjamin Graham/David Dodd approach (from their noted book Security Analysis). Basically, it tries to identify well-financed companies that are… Read More

Understanding the difference between aggressive (including aggressive stocks to buy) and conservative stocks (like most bank stocks in Canada, which are often considered among the safest Canadian investments) will help conservative investors develop lower-risk and well-diversified portfolios
Aggressive stocks are typically more highly leveraged (with more… Read More