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

Agriculture ETFs tap rising demand

Crop and food prices will continue to fluctuate from year to year, but it’s a good bet that global food production and consumption will continue to increase. We think the best way to profit is through shares of well-established companies with a range of operations… Read More

Big deal for Brookfield

BROOKFIELD RENEWABLE PARTNERS L.P., $38.25, is a buy. The partnership (Toronto symbol BEP.UN; Units outstanding: 646.0 million; Market cap: $25.5 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.8%; www.bep.brookfield.com) has now agreed to provide Microsoft Corp. with more than 10.5 gigawatts of new renewable energy capacity in the U.S…. Read More

IGM is still your better pick

Parent company Power Corp. is now simplifying the operations of its two main subsidiaries—Great-West Lifeco and IGM Financial. The plan will benefit investors in both firms, but we still prefer IGM for your new buying.
GREAT-WEST LIFECO INC. $41 is a hold. The insurer (Toronto symbol GWO; Conservative… Read More