| InvestorsFriend Inc.’s performance – Year 2024 | |||||||
| In 2024, our 5 strong Buys were all pref shares and gained an average 15.4% (not counting dividends). The 21 equity stocks gained an average of 13.3%. The remaining 12 Pref shares gained an average 27.4% – boosted by two high risk prefs that soared. The TSX was up 18.0% and the S&P 500 was up 23.3%. In all cases not counting dividends. | |||||||
| Group | Rating to start 2024 | Price Increase | Our Performance | ||||
| Average of 5 strong buys | Strong Buy | 15.4% | good | ||||
| Average of 21 buys | Buy | 13.3% | good | ||||
| Average of 12 Pref Buys | Buy | 27.4% | very good | ||||
| Average for all 35 buys and strong buys | 18.0% | ||||||
| Average of 5 weak buys | Weak Buy | 32.4% | very good | ||||
| Average of 3 weak sells | Weak Sell | 40.9% | very bad | ||||
| Average for all 8 Neutral ratings (weak buy or weak sell) | 35.6% | ||||||
| Average of 1 Sells | Sell | 38.8% | very bad | ||||
| Average of 0 Strong Sell | Strong Sell | 0% | n.a. | ||||
| Average Sell / Strong Sell | |||||||
| Rated As – Strong Buy at January 1, 2024 | |||||||
| Name | Beginning 2024 Price | Rating to start 2024 | Price Now | Price Increase | Our Performance | ||
| Enbridge Inc. Series 9 Preferred (ENB.PF.A) | 15.88 | Strong Buy at $15.47 | 20.42 | 29% | very good | ||
| Canadian Utilities Perpetual CU.PR.E | 18.39 | Strong Buy | 21.20 | 15% | good | ||
| Emera Rate Reset EMA.PR.H | 21.90 | Strong Buy | 24.12 | 10% | good | ||
| Intact Financial Rate Reset IFC.PR.G | 21.61 | Strong Buy | 24.28 | 12% | good | ||
| Power Financial Perpetual PWF.PR.G | 22.23 | Strong Buy | 24.65 | 11% | good | ||
| Average Strong buy | Strong buy | 15.4% | good | ||||
| 5 | |||||||
| Rated As – Buy | |||||||
| Name | Beginning 2024 Price | Rating to start 2024 | Price Now | Price Increase | Our Performance | ||
| Royal Bank of Canada (RY, Toronto and U.S.) | 134.00 | (higher) Buy rated at $130.08 | 173.32 | 29% | very good | ||
| American Express Company (AXP, New York) | 187.34 | (higher) Buy at $142 | 296.79 | 58% | very good | ||
| Canadian Western Bank (CWB, Toronto) | 30.87 | (higher) Buy at $29.30 | 58.75 | 90% | very good | ||
| Melcor Developments Ltd. (MRD, Toronto) | 11.26 | Buy rated at $11.36 | 12.90 | 15% | good | ||
| Canadian Tire (CTC.a, TO) | 140.72 | Buy at $140.31 | 151.22 | 7% | good | ||
| TFI International Inc. (TFII, Toronto) | 180.24 | Buy at $141.57 | 194.24 | 8% | good | ||
| Fortis Inc. (FTS, Toronto) | 54.51 | Buy rated at $53.35 | 59.73 | 10% | good | ||
| Enbridge Inc. (ENB, Toronto and New York) | 47.70 | Buy at $54.53 | 61.01 | 28% | very good | ||
| Alimentation Couche-Tard Inc.(ATD, Toronto) | 78.03 | Buy rated at $74.34 | 79.72 | 2% | good | ||
| Boston Pizza Royalties Income Fund (BPF.un, Toronto) | 15.33 | Buy at $16.63 | 17.48 | 14% | good | ||
| RioCan Real Estate Investment Trust (REI.UN, Toronto) | 18.62 | Buy rated at 19.76 | 18.28 | -2% | bad | ||
| Vanguard Balanced Fund | 29.43 | Permanent Buy | 33.27 | 13% | good | ||
| Linamar Corporation (LNR, Toronto) | 64.02 | Buy rated at $63.90 | 56.79 | -11% | bad | ||
| Starbucks (SBUX, U.S.) | 96.01 | Buy rated at $98.53 | 91.25 | -5% | bad | ||
| TransAlta Corporation (TA, Toronto, TAC, New York) | 11.02 | Speculative Buy at $10.91 | 20.33 | 84% | very good | ||
| Ceapro Inc. (CZO, Venture) | 0.19 | Speculative Buy at $0.44 | 0.09 | -52% | very poor | ||
| AutoCanada Inc. (ACQ, Toronto) | 22.90 | Speculative Buy at $19.35 | 17.33 | -24% | very poor | ||
| lululemon athletica inc. (lulu, NASDAQ) | 511.29 | Speculative Buy at $396 | 382.41 | -25% | very poor | ||
| Canadian National Railway Company (CNR, Toronto CNI, New York) | 166.55 | (lower) Buy at CAD $153 or US $112. | 145.97 | -12% | bad | ||
| VISA Inc.(V, New York) | 260.35 | (lower) Buy at $260 | 316.04 | 21% | very good | ||
| Metro Inc. (MRU, Toronto) | 68.59 | (lower) Buy at $76.67 | 90.15 | 31% | very good | ||
| Average Buy | Buy | 13.3% | good | ||||
| 21 | |||||||
| Rated As Weak Buy | |||||||
| Name | Beginning 2024 Price | Rating to start 2024 | Price Now | Price Increase | Our Performance | ||
| Dollarama Inc. (DOL, Toronto) | 95.49 | Weak Buy / Hold at $94 | 140.28 | 47% | very good | ||
| Shopify Inc. (SHOP, on Toronto and U.S.) | 77.90 | Highly Speculative Hold at $U.S. $65.10 | 106.33 | 36% | very good | ||
| Melcor Real Estate Investment Trust (MR.UN, Toronto) | 4.15 | Hold at $4.01 | 5.25 | 27% | very good | ||
| Toll Brothers Inc. (TOL, New York) | 102.79 | Weak Buy / Hold at $104 | 125.95 | 23% | very good | ||
| Cameco Corporation (CCO, Toronto, CCJ, New York) | 57.13 | Highly Speculative Weak Buy at CAN $59.03 | 73.91 | 29% | very good | ||
| Average Weak Buy | Weak Buy | 32.4% | very good | ||||
| 5 | |||||||
| Rated As – Weak Sell | |||||||
| Name | Beginning 2024 Price | Rating to start 2024 | Price Now | Price Increase | Our Performance | ||
| Constellation Software Inc. (CSU, Toronto) | 2,480.38 | Weak Sell / Hold at CAN $2828 | 3,090.99 | 25% | very bad | ||
| Andrew Peller Limited (ADW.A, Toronto) | 4.61 | Weak Sell / Hold at $4.57 | 4.14 | -10% | good | ||
| Aecon Group Inc. (ARE, Toronto) | 13.07 | Weak Sell / Hold at $10.93 | 27.22 | 108% | very bad | ||
| Average Weak Sell | Weak Sell | 40.9% | very bad | ||||
| 3 | |||||||
| 0 | |||||||
| Rated As – Sell | |||||||
| Name | Beginning 2024 Price | Rating to start 2024 | Price Now | Price Increase | Our Performance | ||
| Costco (COST, New York) | 660.08 | (lower) Sell at $558 | 916.27 | 39% | very bad | ||
| Average Sell | Sell | 38.8% | |||||
| 1 | |||||||
| Rated As – Strong Sell | |||||||
| Name | Beginning 2024 Price | Rating to start 2024 | Price Now | Price Increase | Our Performance | ||
| Average Strong Sell | |||||||
| Average Sell/ Strong Sell | |||||||
| DISCLAIMER: All stock ratings presented are “generic” in nature and do not take into account the unique circumstances and risk tolerance and risk capacity of any individual. The information presented is not a recommendation for any individual to buy or sell any security. The authors are not registered investment advisors and the information presented is not to be considered investment advice to any individual. The reader should consult a registered investment advisor or registered dealer prior to making any investment decision. For ease of writing style the newsletter and articles are often written in the first person. But, legally speaking, all information and opinions are provided by InvestorsFriend Inc. and not by the authors as individuals. The author(s) of this report may have a position, as disclosed in each report. The authors’ positions may subsequently change without notice. | |||||||
| © Copyright: InvestorsFriend Inc. 1999 – 2026. All rights to format and content are reserved. | |||||||
| No Berkshire? | |||||||
| Canadian Western Bank Preferred Shares Series 9 (CWB.PR.D) | 24.45 | (higher) Buy at $24.30 | 27.37 | 12% | good | ||
| Canadian Western Bank Preferred Shares Series 5 (CWB.PR.B) | 18.25 | (higher) Buy at $17.76 | 25.48 | 40% | very good | ||
| Fortis Inc. (Perpetual Redeemable) Preferred Share Series F (FTS.PR.F) | 19.45 | (higher) Buy | 21.32 | 10% | good | ||
| Intact Financial (Perpetual) Preferred Share Series 5 (IFC.PR.E) | 19.71 | (higher) Buy | 22.10 | 12% | good | ||
| Emera Perpetual PWF.PR.E | 16.75 | (higher) Buy | 18.51 | 11% | good | ||
| Great West Life 4.5% Perp Pref GWO.PR.Y | 17.23 | (higher) Buy | 18.66 | 8% | good | ||
| Royal Bank Rate Reset RY.PR.S | 22.57 | Buy | 25.81 | 14% | good | ||
| Canadian Utilities Rate Reset CU.PR.I | 21.48 | (lower) Buy | 24.75 | 15% | good | ||
| Toronto Dominion Rate Reset TD.PF.A | 18.67 | (lower) Buy | 23.40 | 25% | very good | ||
| Royal Bank Perpetual RY.PR.N | 21.97 | (lower) Buy | 24.69 | 12% | good | ||
| Brookfield Office Properties Inc. Series AA Preferred Shares (BPO.PR.A) | 8.20 | Highly Speculative Buy / Hold | 16.58 | 102% | very good | ||
| Brookfield Office Properties Inc. Series GG Preferred Shares (BPO.PR.G) | 10.03 | Highly Speculative Buy / Hold | 16.75 | 67% | very good | ||
| 12 | 27% | ||||||