Massive revenue boost and high demand make Intact Financial Corp. a buy

Massive revenue boost and high demand make Intact Financial Corp. a buy

Improved sales from a recent acquisition fuelled a 41.3% revenue increase for this company during the most-recent quarter.

High demand for insurance also means the company can write more profitable policies despite recent higher catastrophe-related losses.

The stock trades at 16.4 times the company’s 2022 earnings forecast.

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INTACT… Read More

Get a 4.9% yield from Telus Corp.

Get a 4.9% yield from Telus Corp.

This company suspended dividend increases in 2020 due to uncertainty caused by COVID-19 lockdowns. Now that the economy is reopening, the company has resumed its pattern of raising the dividend twice a year.

The company also continues to develop its smaller businesses in the healthcare and… Read More

Earning soared 44.6% at IBM Corp.

Earning soared 44.6% at IBM Corp.

Improved cloud computing sales led to a 9.3% revenue jump for this company despite the strong U.S. dollar.

A recent spinoff is helping the company focus more closely on its key operations—yet another reason why we consider it a top pick.

Meanwhile the stock trades at… Read More

Holding consumer products stocks in your portfolio adds diversification—and protection against economic downturns

Holding consumer products stocks in your portfolio adds diversification—and protection against economic downturns

Regardless of the economy, consumer products stocks profit from continual customer demand. Learn more and find one of our recommendations here.
Consumer products stocks benefit from continuous, habitual use and have a steady core of sales, regardless of the economy and business cycles. Typically, consumer-products companies… Read More