Imperial links up with Sobeys

IMPERIAL OIL $37.16 (Toronto symbol IMO; Shares outstanding: 853.9 million; Market cap: $29.8 billion; TSINetwork Rating: Average; Dividend yield: 1.2%; www.imperialoil.ca) has formed a new alliance with Sobeys Inc., which operates over 1,300 grocery stores across Canada.

Under the deal, both companies’ customers will be able… Read More

Hi Pat, I would appreciate your brief assessment on the following list of stocks and REITs: AltaGas, Crombie REIT, Rogers Sugar and InnVest REIT.

AltaGas Ltd., $26.60, symbol ALA on Toronto (Shares outstanding: 81.9 million; Market cap: $2.2 billion; www.altagas.ca), mainly extracts, processes and distributes natural gas. It also processes natural-gas liquids and generates power in Alberta.

AltaGas pays an $0.11 monthly dividend, which yields 5.0% on a yearly basis… Read More

Why Metro stands out among growth stocks

In the April 21, 2011, Successful Investor Email/Telephone Hotline, we’ve updated our buy/sell/hold advice on grocery retailer Metro Inc. (symbol MRU.A on Toronto).

Inside this growth stock’s evolution from an aggressive to a conservative pick

Metro is a good example of a stock that has graduated from… Read More