Click here to read our 2024 daily comments.
In the table below, the company reports and ratings are as of the dates indicated. Subsequently, the reports can go out of date if the stock price has changed materially or the company earnings or outlook has changed. Therefore be sure to take note of the date and price of the latest update when looking at any of the reports below or the ratings.
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The paid content consists of the daily comments at the link just above, the Table of Stocks with ratings (and with detailed reports supporting each rating) and the additional links below the table.
NEW SUBSCRIBERS, Please Scroll to the bottom of this page for some instructional information.
The list of companies that we rate is below. See the Disclaimer at the bottom of this page.
In addition to individual stocks, subscribers may wish to consider Exchange Traded Funds which offer the advantage of instant diversification. The linked article provides symbols for balanced ETFs (which can be a one-stop shopping approach to investing), suggested allocation ranges for a balanced portfolio made up of ETFs and links to a list of Canadian and Global ETFs.
Companies high-lighted in yellow are those with the most recently updated reports.
  Stocks that Trade in the U.S. or in both Canada and the U.S. |
Company Ratings do not consider the circumstances of any individual investor and are therefore not Investment Advice | ||
| Name | Symbol | last update date and price | Generic Rating (Explanation of Ratings) |
| Global Exchange Traded Funds | Various | April 24, 2023 | Not rated but many of these appear attractive and can be used for diversification. |
| American Express | AXP, U.S. | October 22, ’23 at US $142 | (higher) Buy |
| Apple Inc. | AAPL, U.S. | January 1, 2023 at US $130 | out of date |
| Berkshire Hathaway | BRKB, U.S. | April 2, ’24 at $419 | (lower) Buy |
| BHP Group Ltd. | BHP, New York | April 3, 2024 at U.S. $59 | Sell |
| Cameco Corporation | CCO, Toronto CCJ, U.S. | December 19, ’23 at CAN $59.03 or U.S. $43.77 | Highly Speculative Weak Buy |
| Canadian National Railway Company | CNR, Toronto CNI, U.S. | April 3, 2024 at CAN $177 or U.S. $131 | (lower) Buy |
| Constellation Software | CSU, Toronto | October 14, 2023 at CAN $2828 (Analysed in U.S. dollars) | Weak Sell / Hold |
| COSTCO | COST, U.S. | October 8, ’23 at U.S. $558 | (lower) Sell |
| Enbridge Inc. | ENB, Toronto and U.S. | April 21, 2024 at $48.00 | Buy |
| Fortis Inc | FTS, Toronto and U.S. | November 6, ’22 at $53.35 and U.S. $39.63 | Buy |
| lululemon athletic inc. | lulu, U.S. | September 9, 2023 at U.S. $396 | Speculative Buy |
| Restaurant Brands International Inc. | QSR, Toronto and U.S. | September 4, 2022 at U.S. $59.25 or CAN $77.83 | out of date |
| Royal Bank of Canada | RY, Toronto and U.S. | April 4, ’23 at CAN $130.08 or U.S. $96.33 | (higher) Buy |
| Stantec Inc. | STN, Toronto and U.S. | March 16 ’23 at CAN $79.10 or U.S. $57.67 | out of date |
| Shopify Inc. | SHOP, Toronto and U.S. | June 18, ’23 at CAN $855 or U.S. $651 | Highly Speculative Hold (Fantastic company, but very expensive and hard to judge the valuation) |
| Starbucks Corp. | SBUX, U.S. | February 6, ’24 at U.S. $95.41 | Buy |
| TFI International Inc. | TFII, Toronto and U.S. | May 9, ’23 at CAN $141.57 or U.S $106 | Buy |
| TransAlta | TA, Toronto, TAC, U.S. | February 27, ’24 at CAN $9.49 or U.S. $7.01 | Speculative Buy |
| Toll Brothers Inc. | TOL, U.S. | December 22, ’23 at U.S. $104 | Weak Buy / Hold |
| Visa Inc. | V, U.S. | December 31, ’23 at U.S. $260 | (lower) Buy |
| West Fraser Timber | WFG, Toronto and U.S. | July 6, ’23 at U.S. $83 and CAN $110 | out of date |
| All the Stocks below trade in Canada but may in some cases also trade on “Pink Sheets” in the U.S |
Company Ratings do not consider the circumstances of any individual investor and are therefore not Investment Advice | ||
| Name | Symbol | last update date and price | Generic Rating (Explanation of Ratings) |
| Canadian Exchange Traded Funds – Stocks, bonds, and commodities | Various | February 8, 2024 | Provides a wealth of information for ETF investing in various segments with useful links. |
| Vanguard Balanced ETF Portfolio | VBAL | March 13, 2024 at $30.61 | Buy (A permanent Buy rating for diversification) |
| Aecon Group Inc. | ARE | March 11, 2024 at $17.03 | Sell |
| Alimentation Couche-Tard | ATD.B, Toronto | October 12, 2023 at $74.34 | Buy |
| Andrew Peller Limited | ADW.A, Toronto | December 11, 2023 at $4.57 | Speculative Weak Sell / Hold |
| AutoCanada | ACQ, Toronto | March 13, ’24 at $13.75 | Speculative Buy (high debt level) |
| Canadian Western Bank | CWB, Toronto | September 3, ’23 at $29.30 | (higher) Buy |
| Canadian Tire | CTC.a, Toronto | February 18, ’23 at $140 | Hold |
| Ceapro Inc. | CZO, Venture Exchange | January 30, ’24 at $0.16 | Highly Speculative Buy / Hold |
| Dollarama Inc. | DOL, Toronto | October 19, ’23 at $94.15 | Weak Buy / Hold |
| Linamar Corporation | LNR, Toronto | Feb 11, ’24 at $65.33 | Buy |
| Melcor Developments | MRD, Toronto | March 18, ’24 at $11.38 | Buy |
| Metro Inc. | MRU, Toronto | January 23, ’24 at $69.76 | (lower) Buy |
| WSP Global Inc. | WSP, Toronto | March 20, 2023 at $173 | out of date |
| Income Trusts / Preferred Shares and other Higher Yield Entities | |||
| Boston Pizza Royalty Income Fund | BPF.UN | July 4, 2023 at $16.63 to yield 7.7% | Buy |
| Brookfield Office Properties Rate Reset Preferred Share A | BPO.PR.A | December 17, 2023 at $9.61 paying $1.17725 to yield 12.2%which indicates very high risk | highly Speculative Buy / Hold
(Apparently high risk) |
| Brookfield Office Properties Rate Reset Preferred Share G | BPO.PR.G | December 17, 2023 at $12.26 paying $1.6365 to yield 13.3% which indicates very high risk | highly Speculative Buy / Hold (Apparently high risk) |
| Canadian Western Bank Rate Reset Preferred Shares | CWB.PR.B, Toronto | April 7, 2024 at $21.81 paying $1.59275 per year (beginning with the July distribution) to yield 7.3% and will not reset again until April 30, 2029 – but is expected to be a lower dividend at that time. For a limited time in April there will be an opportunity to convert to a floating dividend that will initially yield 9.0% but only if enough shareholders elect to convert. | Buy |
| Canadian Western Bank Rate Reset Preferred Shares | CWB.PR.D, Toronto | April 7, 2024 at $25.30 and paying $1.91275 annually to yield 7.56% and will not reset again until April 30, 2029 – but is expected to be a lower dividend at that time. For a limited time in April there will be an opportunity to convert to a floating dividend that will initially yield 9.0% but only if enough shareholders elect to convert. | Buy |
| Canadian Utilities Minimum Rate Reset Preferred Share | CU.PR.I | December 16, 2023 at $21.70 paying $1.125 annually to yield 5.2% and will reset at an attractive spread of 3.69% on December 1, 2025.The $1.125 dividend is the minimum at each reset date. The credit rating is quite strong at PFD-2 | (lower) Buy (or Buy for the attractive spread although reset is two years away) |
| Canadian Utilities Perpetual Preferred Share | CU.PR.E | December 16, 2023 at $18.22 paying $1.225 to yield 6.7%. The credit rating is quite strong at PFD-2 | Strong Buy (seems quite attractive as bond yields have declined) |
| Emera Minimum Rate Reset Preferred Share | EMA.PR.H, Toronto | April 8, ’24 at $22.46 paying $1.581 annually to yield 7.0% and will not reset again until August 2028. The credit rating is Pfd-3 (high) which is reasonably strong but weaker than the banks for example. | Buy. It’s had a good run lately and at 7.0% it may not have upside until and unless interest decline. But 7.0% is still a good yield. |
| Emera Perpetual Preferred share | EMA.PR.E | December 16, 2023 at $16.50 paying $1.125 to yield 6.8%. The credit rating is reasonably strong at PFD-3 high | (higher) Buy (Or could probably be considered a Strong Buy) |
| Enbridge Inc. Rate Reset Preferred Shares | ENB.PF.A, Toronto | February 15, ’24 at $17.35 paying $1.02425 annually to yield 5.9% and will reset in about 9 months on December 1, 2024 at Canada 5 year plus 2.66% to yield 7.4% if the five year bond rate is down to 2.5%. Credit rating is reasonably strong at PFD-3 (high) | Strong Buy |
| Great West Lifco 4.5% perpetual preferred share | GWO.PR.Y | December 16, 2023 at $17.00 paying $1.125 per year to yield 6.6%. This is non-cumulative. The credit rating is very strong at PFD-2 high | (higher) Buy |
| Fortis Inc. 4.9% Perpetual Preferred Share | FTS.PR.F | December 16, 2023 at $18.80 paying $1.225 per year in perpetuity to yield 6.5%. The dividend here is cumulative. The credit rating is Pfd-3 (high) which is reasonably strong | (higher) Buy |
| Intact Financial Corporation Rate Reset Preferred share | IFC.PR.G | December 16, 2023 at $20.91 paying $1.503 annually to yield 7.2% and will not reset until June 30, 2028 (at Canada 5 year plus 2.55%) Credit rating pfd-2 which is strong. | Strong Buy |
| Intact Financial Corporation 5.2% Perpetual Preferred share | IFC.PR.E | December 16, 2023 at $19.42 paying $1.30 per year in perpetuity, to yield 6.7%. Credit rating pfd-2 which is strong. It is non-cumulative. | (higher) Buy |
| Melcor REIT | MR.UN, Toronto | March 7, ’23 at $2.60 paying $0.00 per year to yield nothing | Speculative Buy – Distribution has been suspended and a strategic review is underway. But it’s almost certainly not going broke. |
| Power Financial Perpetual Preferred share | PWF.PR.G | December 16, 2023 at $21.80 paying $1.475 annually to yield 6.8%. Credit rating is strong at PFD-PFD-2 (high) | Strong Buy |
| RioCan Real Estate Investment Trust | REI.UN, Toronto | September 17, ’23 at $19.76 paying $1.08 annually to yield 5.4% | Buy |
| Royal Bank Rate Reset Preferred Share | RY.PR.S | January 25, 2024 at $22.04 paying $1.47125 annually to yield 6.7% and will not reset again until February 2029 (Which will be at the five year Canada bond yield plus 2.38%.) The credit rating is PFD-1 low which is very strong. | Buy |
| Royal Bank Perpetual Preferred Share | RY.PR.N | December 16, 2023 $21.55 paying $1.225 annually to yield 5.7%. The credit rating is very strong at PFD 1 (low) | (lower) Buy |
| Toronto Dominion Rate Reset Preferred Share | TD.PF.A | December 16, 2023 at $18.35 paying (just) 91.6 cents annually to yield 5.0%. It will reset in October 2024 at the five year Canada bond yield plus 2.24%. If the Canada bond yield is 3.5% then the reset dividend would be $1.435 annually for a yield of 7.8% at the current price. The credit rating is PFD-2 (high) which is very strong | (lower) Buy. With the 5 year Government yield now at about 3.27% and possibly headed lower the reset yield may not be that attractive. There is some possibility that TD would redeem it at $25 in October which would be a huge bonus. |
| Short Term Cash you can place cash in your brokerage accounts into savings account which pay at least some interest. These are bought under the Mutual Fund category in your investment account. | Dundee Bank DYN500
TD Waterhouse TDB8150 (TDB 8152 for U.S. dollars) Manulife Bank MIP510 ICICI Bank IBN100 CIBC Investors Edge ATL5000 RBC Direct RBF2010 Scotia iTrade DYN6000 Laurentian Bank BTB100 National Bank NBC100 BMO Investorline BMT104 |
Deposit accounts recently paying 4.55% per year. Not locked in. There are U.S. dollar versions of these as well recently paying 4.90%. There are also money market mutual funds but these deposit accounts may be a better choice. | These rates rates have become VERY attractive with the recent interest rate hikes. CDIC insured to $100,000. These funds are also instantly available to use for buying stocks . |
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