Earnings just climbed 16.1% at Trisura Group

Earnings just climbed 16.1% at Trisura Group

On June 22, 2017, Brookfield Asset Management Inc. (now Brookfield Corp.) spun off its specialty insurance business as Trisura Group.

Today this specialty insurer is a sterling example of why we love spinoffs and the power they have to outperform their competitors. We first recommended this firm… Read More

Trisura continues to impress us

Specialized insurer Trisura took its current form on June 22, 2017, when Brookfield Asset Management Inc. (now Brookfield Corp.) spun off its specialty insurance business as Trisura. Investors received one Trisura share for every 170 Brookfield shares they held.
Since then, the stock has soared over… Read More

Enjoy 5.9% from IGM Financial

Enjoy 5.9% from IGM Financial

Strong asset growth of 9.7% year-over-year is the key driver of this firm’s rising fee income and revenue growth. It continues to make strategic investments to expand its global footprint and tap into high-growth markets outside Canada.

 That should fuel an expected 11% earnings increase for… Read More

Blue chip ETFs focus on Canada

Blue chip ETFs focus on Canada

These two blue chip ETFs hold mostly large-capitalization, widely traded stocks on the Canadian exchange. Both funds mirror, or track, the performance of major stock market indexes as opposed to narrower ones focused on resources or themes, such as solar power or biotech.
Blue chip ETFs… Read More

Updating your Conservative-Growth Payers: Power Corp. of Canada

POWER CORP. OF CANADA $39 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 649.2 million; Market cap: $25.3 billion; Dividend yield: 5.8%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) holds controlling stakes in Canadian financial services firms Great-West Lifeco (insurance) and IGM… Read More

Pure-play shift will benefit these two

These two subsidiaries of Power Corp. are re-focusing on their main businesses. That should appeal to investors, who tend to prefer pure-play companies. Even so, we feel IGM is the better buy right now.
GREAT-WEST LIFECO INC. $39 is a hold. The company (Toronto symbol GWO; Conservative Growth… Read More

Broadridge makes a solid purchase

BROADRIDGE FINANCIAL SOLUTIONS, $199.24, is a buy. The company (New York symbol BR; TSINetwork Rating: Average) (www.broadridge.com; Shares o/s: 118.2 million; Market cap: $23.6 billion; Yield: 1.6%) has announced the acquisition of AdvisorTarget, a provider of data products to asset management and wealth Management firms. The purchase price… Read More