Loblaw gains from narrower focus

Loblaw’s shares have jumped 44% since the start of 2021, and recently hit a new all-time high of $92.00. That’s partly due to a reorganization in 2018 that transferred the company’s real estate business—Choice Properties REIT—to parent George Weston Ltd. The holding company owns 52.6%… Read More

Our updates keep you on top of your stocks

LOBLAW COMPANIES, $89.11, is a buy. The company (Toronto symbol L; Shares outstanding: 338.2 million; Market cap: $30.1 billion; TSINetwork Rating: Above Average; Dividend yield: 1.6%; www.loblaw.ca) launched a new mobile phone app called PC Health in 2020. Through the app, users can consult with… Read More