Blue Chip Stocks

These are the most prudent stocks to invest in. They represent large, dependable, financially sound companies involved in fields that are unlikely to become obsolete any time soon. They are market leaders in their categories and generally rank in the top three companies in their sector. Good quality investments such as blue chips often tend to do better over the long run than stocks of lower quality and they help you sleep better at night.

They almost always pay a dividend. Their performance is particularly stable in times of uncertainty. And blue chip stocks are rarely troubled by lack of demand that holders of low quality stocks often find when they go to sell but find no buyers. This does not mean that you can buy them and forget them. Sometimes, even the best companies cannot survive severe stress. Canadians will remember Dome Petroleum, Moore Corp. and Nortel among others.

And sometimes a blue chip company may no longer be a blue chip stock if its shares get overvalued. Many high-tech giants reached share price levels during the dot.com boom that they have never regained since the tech bubble burst. As Warren Buffet says: “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price. I would rather be certain of a good result than hopeful of a great one.”

The term ‘blue chip’ is thought to have been coined by Dow Jones employees in the 1920s and derives from poker. Sets of poker chips usually consisted of white, red and blue chips. Traditionally, the blue chips represented the highest value.

3 healthcare stocks to buy

Here are three stocks that may be appropriately held in a basket of stocks intended to participate in the future of medicine says Enriched Investing’s Margaret Samuel.

It’s a disturbing thought,   Read More

Bank on your bank stocks

Trading to profit from anticipated declines in stock prices seldom works. In the case of the bank stocks, forget it.

The banks all reported strong results in the fiscal second quarter   Read More

3 healthcare stocks to buy

Here are three stocks that may be appropriately held in a basket of stocks intended to participate in the future of medicine says Enriched Investing’s Margaret Samuel.

It’s a disturbing thought,   Read More

Big six bank profits soar

The big Canadian banks are indicators of the economy’s health. How did they fare in the second quarter?

The second-quarter earnings season for the big six Canadian banks has come and   Read More

US Fed continues monetary stimulus

Behavioural finance analyst Ken Norquay ponders a dilemma: For stock market investors, negative news about the economy is good—positive news is bad. Go figure.
Skeptics like to say: “Seeing is believing.”   Read More

Saputo remains a buy

Saputo Inc. disappointed the market by earning less in fiscal 2021. But its international operations are growing. Saputo remains a buy.

Saputo Inc. (TSX—SAP) earned a little less in fiscal 2021,   Read More

US Fed continues monetary stimulus

Behavioural finance analyst Ken Norquay ponders a dilemma: For stock market investors, negative news about the economy is good—positive news is bad. Go figure.
Skeptics like to say: “Seeing is believing.”   Read More

3 power utilities stocks to buy

The MoneyLetter recently reviewed security analysts’ reports for three utilities stocks—two independent power producers and a regulated utility.
TransAlta Renewables Inc. (TSX—RNW)
TransAlta Renewables will acquire three assets from TransAlta Corp. (TSX—TA)   Read More

Best stocks to buy now

PI Financial’s Guy Lapierre opts for well-established, cash-paying Canadian stocks, especially as our economy benefits from high commodity demand and prices.
Despite US Federal Reserve and Bank of Canada speeches in   Read More

2 global bank stocks to buy

Portfolio manager Margaret Samuel looks at two global bank stocks as potential investments against a backdrop of rising interest rates.
The pandemic has created a level of forced savings not seen   Read More

3 power utilities stocks to buy

The MoneyLetter recently reviewed security analysts’ reports for three utilities stocks—two independent power producers and a regulated utility.
TransAlta Renewables Inc. (TSX—RNW)
TransAlta Renewables will acquire three assets from TransAlta Corp. (TSX—TA)   Read More

2 global bank stocks to buy

Portfolio manager Margaret Samuel looks at two global bank stocks as potential investments against a backdrop of rising interest rates.
The pandemic has created a level of forced savings not seen   Read More

Empire acquiring 51% of Longo’s

Empire Company, Canada’s second-largest grocery supermarket chain, is growing through the acquisition of 51 per cent of Longo’s.

Stellarton, Nova Scotia-based consumer goods stock Empire Company (TSX—EMP.A), with yearly sales of   Read More

3 financial stocks to buy

These three financial stocks—an insurance company, a bank and a financial services holding company—all offer growth and income to their investors.

Manulife Financial Corporation (TSX—MFC; NYSE—MFC)
Manulife has made progress building its   Read More

Couche-Tard’s next stop: Asia

Executive chairman Alain Bouchard wants consumer stock Couche-Tard “to become the world’s preferred destination for convenience and fuel.”

Montreal-based consumer goods stock Alimentation Couche-Tard Inc. (TSX—ATD.B) operates nearly 14,350 stores worldwide.   Read More

3 financial stocks to buy

These three financial stocks—an insurance company, a bank and a financial services holding company—all offer growth and income to their investors.

Manulife Financial Corporation (TSX—MFC; NYSE—MFC)
Manulife has made progress building its   Read More

Couche-Tard’s next stop: Asia

Executive chairman Alain Bouchard wants consumer stock Couche-Tard “to become the world’s preferred destination for convenience and fuel.”

Montreal-based consumer goods stock Alimentation Couche-Tard Inc. (TSX—ATD.B) operates nearly 14,350 stores worldwide.   Read More

2 best stocks to buy now

Business at Restaurant Brands International and Alimentation Couche-Tard is still worse than it was in 2019. Despite this, the companies beat analyst earnings forecasts.
Given restrictions on travel and social gatherings,   Read More

Walmart+ to compete with Amazon Prime

A new membership service aims to speed up deliveries for Walmart customers through curbside pickup and delivery, strengthen relationships with them and collect valuable data.

Perhaps the most noteworthy, but fortunately   Read More