Consumer ETFs offer stability in downturns

Value investing has long been considered the investment style that provides superior returns over the long run. However, for much of the past 15 years “growth investing” produced much better results. That may be changing, as “value investing” staged a comeback over the past three… Read More

Valuation gap adds to telecoms’ appeal

Traditional telecommunications service providers, such as Telus and BCE, are trading at substantially lower valuations than other “infrastructure” type companies. This is not only true for Canadian companies, but also for U.S. and other similar companies in Europe.
Infrastructure-type companies such as telecommunications, pipeline, utility, and… Read More

Telecom exposure pays off for ETF investors

Telecommunications form an integral part of the economic infrastructure. Moreover, existing players benefit from strict licensing standards and high capital requirements that act as barriers to entry for any new companies. In addition, many of the major telecommunication companies have strong cash flows, high levels… Read More

REIT yields are currently very attractive

Higher interest rates in Canada, the U.S. and many other parts of the world have made high-yielding securities, including real estate investment trusts (REITs), much less appealing compared to bonds for income-seeking investors. In fact, over the past two years or so, ETFs focused on… Read More

We don’t recommend McCormick

We don’t recommend McCormick

McCormick’s sales rose 5.6%, as higher selling prices which offset lower volumes.

Meanwhile, the stock trades at 26.0 times the company’s 2023 earnings forecast.

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MCCORMICK & CO. INC. (New York symbol MKC; www.mccormick.com) makes spices, seasonings and flavours.

In its fiscal 2023 third quarter, ended August 31, 2023,… Read More