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INNERGEX RENEWABLE ENERGY, $18.39, is a buy. The power generator (Toronto symbol INE; Shares ooutstanding: 192.8 million; Market cap: $3.6 billion; TSINetwork Rating: Extra Risk; Dividend yield: 3.9%; www.innergex.com) operates 40 hydroelectric plants, 32 wind farms and seven solar power fields. They’re spread across Canada, the U.S., France and… Read More

Imperial ups its spending

IMPERIAL OIL LTD., $46.58, is a buy. The company (Toronto symbol IMO; Shares o/s: 695.6 million; Market cap: $32.8 billion; TSINetwork Rating: Average; Dividend yield: 2.3%; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company after Canadian Natural Resources (No. 1) and Suncor. U.S.-based ExxonMobil (New York symbol XOM)… Read More

Enjoy 5.3% yield from Suncor Energy Inc.

Enjoy 5.3% yield from Suncor Energy Inc.

Oil stocks continue to rebound from their 2020 lows as oil and gas prices push to multi-year highs.

And thanks to new caps on greenhouse gas emissions, we feel those prices will remain elevated as producers focus on improving efficiency rather than spending on exploration… Read More