Wajax gets a big boost

We first recommended WAJAX CORP. $47.35 (Toronto symbol WJX; TSINetwork Rating: Extra Risk) (905-212-3300; www.wajax.ca; Shares outstanding:16.6 million; Market cap: $786.0 million; Dividend yield: 6.8%) in the May 2012 Stock Pickers Digest.

We thought the company had considerable hidden value. It’s not a household name, but… Read More

WAJAX CORP. $47.35 – Toronto symbol WJX

We first recommended WAJAX CORP. $47.35 (Toronto symbol WJX; TSINetwork Rating: Extra Risk) (905-212-3300; www.wajax.ca; Shares outstanding:16.6 million; Market cap: $786.0 million; Dividend yield: 6.8%) in the May 2012 Stock Pickers Digest.

We thought the company had considerable hidden value. It’s not a household name,… Read More

Two top safety-conscious dividend funds

BMO DIVIDEND FUND $41.10 (BMO Mutual Funds, 77 King Street West, Suite 4200, Royal Trust Tower, Toronto, Ont., M5K 1J5, Tel: 1-800-665-7700; Web site: www.bmo.com. No load — deal directly with the bank) (CWA Rating: Conservative) holds about 48.5% of its portfolio in the Finance… Read More

Fidelity buys for North American gains

FIDELITY CANADIAN LARGE CAP FUND $24.05 (CWA Rating: Conservative) (Fidelity Investments Canada, 483 Bay St., Suite 200, Toronto, Ont. M5G 2N7. 1-800-263-4077; Web site: www.fidelity.ca. Load fund — available from brokers) mainly invests in large firms, like those on the S&P/TSX 60 index, although it… Read More

AIC DIVERSIFIED CANADA FUND $34.89

AIC DIVERSIFIED CANADA FUND $34.89 (CWA Rating: Conservative) mainly holds shares of Canadian companies of average or above-average quality. It also holds some U.S. stocks.

The $1.0-billion fund’s 10 largest holdings are TD Bank, Shoppers Drug Mart, Power Financial, Canadian Oil Sands Trust, First Capital Realty,… Read More