Financial Stocks are issued by a range of businesses operating in the broad financial sector. The major categories of financial stock issuers include banks, insurance companies (both life and property and casualty insurers as well as independent insurance brokers), real estate investment trusts (both industrial and residential), credit services (including card issuers), investment brokers, mutual fund and asset management companies, trust companies, mortgage investment companies and consumer finance companies. Financial stocks (especially REITs which are required to pay out to shareholders the large majority of their earnings) generally offer dividend yields at the high end of the broader securities market.
The Investment Reporter •2015-01-06 •
We regularly point out that it pays to buy the big five Canadian banks. They remain buys for long-term price gains as well as high and rising dividends.
All five earned Read More
Investor's Digest of Canada •2015-01-02 •
Over the past few decades, Steven Hudson started two businesses: Newcourt Capital and, later on, a hair club for men and women. So, now that he’s started a third business, Read More
The MoneyLetter •2015-01-01 •
Hamilton, Ont.-based Ken Norquay is a CMT (Chartered Market Technician) and the author of the behavioural finance book Beyond the Bull which discusses the impact of your personality on your Read More
The MoneyLetter •2014-12-11 •
We’ve always held a high opinion of dollar-cost averaging. That’s because we’ve often seen this investment strategy richly reward those who follow it.
To dollar-cost average, of course, you invest equal Read More
The MoneyLetter •2014-12-02 •
Our investment planning committee regularly examines MDC Partners Inc. (TSX–MDZ.A) (NASDAQ—MDCA). Since we last looked at it at the start of the summer, the shares have risen by 5.1 per Read More
Investor's Digest of Canada •2014-11-27 •
Equity analyst Dan Hincks of Vancouver-based investment firm Odlum Brown sees significant upside in the shares of Visa Inc. (V—NYSE). He reiterates his “buy” recommendation and 12-month target price of Read More
Canadian Mutual Fund Adviser •2014-10-28 •
John Bogle, Vanguard Group founder and the father of the indexing concept, takes a highly academic route to his conclusion that no one can predict the future performance of any Read More
Money Reporter •2014-10-24 •
Great-West Financial, a subsidiary of Great-West Lifeco, a member of the Power family, has completed the acquisition of the J.P. Morgan Retirement Plan Services large-market recordkeeping business. Great-West considers the Read More
Money Reporter •2014-10-03 •
Manulife Financial (TSX: MFC) has agreed to acquire the Canadian-based operations of Standard Life plc for about $4 billion in cash. A key reason for the acquisition is Standard Life’s Read More
Investor's Digest of Canada •2014-09-10 •
Sometimes things just go on and on and on. Take, for example, the loonie’s duel with the greenback.
So observes Keith Richards, Barrie, Ontario-based portfolio manager of Value Trend/Wealth Management, who Read More
Investor's Digest of Canada •2014-08-29 •
Analysts Doug Young and Bradley Romain of Desjardins Capital Markets are keeping the Bank of Nova Scotia (BNS-TSX) on deposit as a “hold” with average risk and a 12-month price Read More
The MoneyLetter •2014-07-18 •
Following the announcement that its second-quarter profit fell by nearly two-thirds from the first quarter, the CIBC’s shares fell 1.4 per cent to $97.68 on the day its results were Read More
The Investment Reporter •2014-06-26 •
THE MARKET THIS MONTH: June is in the weakest six-month period for stock prices. Ongoing rising stocks and a long time with no stock market setback are risks. If a Read More
Investor's Digest of Canada •2014-06-05 •
Just in case you haven’t yet noticed, we’ve been getting mixed signals on interest rates of late.
True, yields on corporate bonds have been creeping up to around 4.5 per cent.
And Read More
The Investment Reporter •2014-06-02 •
We’ve added C.I. Financial to our list of Key stocks. This wealth-management firm is a buy for attractive and rising dividends as well as a decent growth stock with long-term Read More
The MoneyLetter •2014-05-29 •
World markets currently less desirable than developed markets, where some of the best opportunities lie in the oil patch..
March was a volatile month for the markets, with worries over global Read More
Money Reporter •2014-05-27 •
What to do about common stocks
Many investors try to deal with the uncertainty of investing by diversifying. But there’s more to sound diversification than simply buying a variety of stocks. Read More
The Investment Reporter •2014-05-26 •
When Scotiabank unveiled plans to sell some of its shares of CI Financial, the latter’s share price fell. This gives you the opportunity to buy CI as a bargain stock, Read More
Investor's Digest of Canada •2014-05-22 •
Building an investment portfolio is a particularly difficult task at potential turning points in the market.
At market lows, investors not only have to be aware of additional downside risk, but Read More
Money Reporter •2014-05-19 •
We update you on each of our Recommended Common Stocks on a rotating basis every three months, as well as in between those regular updates where events warrant. The following Read More
The MoneyLetter •2014-05-13 •
Five spring times ago, the doomsayers were running roughshod. This spring, the principal worries are of how much longer a bull run for the ages can last, how big the Read More
Canadian Mutual Fund Adviser •2014-05-12 •
In view of our previous recommendation to ETF investors that they buy unhedged ETFs when investing in the U.S., we now recommend such an ETF for investors seeking exposure to Read More
The MoneyLetter •2014-05-05 •
Worries over emerging markets continue, but North America looks poised for a recovery
The stock market has been in quite a funk these last few weeks.
Expectations of a reduction in stimulus Read More
The MoneyLetter •2014-04-23 •
I continue to advise you to bet on the big five Canadian bank stocks: That is, Bank of Montreal (TSX-BMO), Bank of Nova Scotia (TSX-BNS), Canadian Imperial Bank of Commerce Read More
Money Reporter •2014-04-16 •
Making money is just what these blue chip stocks do so well.
They say that, as go the bank earnings, so eventually goes the rest of the market. If that’s the Read More
The Investment Reporter •2014-04-15 •
Winnipeg-based IGM Financial is one of Canada’s largest personal financial services companies. It’s one of the largest managers and distributors of Canadian mutual funds and other managed asset products.
IGM earned Read More
The Investment Reporter •2014-04-11 •
This $99,516 portfolio for income shows how you can buy stocks and trusts to receive a regular paycheque. Seven stocks pay dividends at different times of the year. Cycle 1 Read More
The Investment Reporter •2014-04-07 •
It’s best to diversify across the five main sectors of the economy: finance, utilities, consumer products and services, manufacturing and resources. Each of these broad sectors is made up of Read More
Money Reporter •2014-03-31 •
The Toronto market is up in peaceful fashion.
Please note the below data is to February 21, and the Toronto market has risen since then,
We are far enough into the New Read More
Canadian Mutual Fund Adviser •2014-03-24 •
If you prefer to invest in index funds or ETFs, make sure that you don’t stop with offerings that track the Canadian market. Invest also in offerings that give you Read More
Investor's Digest of Canada •2014-03-11 •
By Keith Richards
If you’ve noticed that certain sectors of the stock market are now yielding ground to others, you’re not imagining things.
There is, as I’ve noted before, a rotation going Read More
The MoneyLetter •2014-03-07 •
– John Stephenson, CFA
After the banner finish to the market last year, the price action on the S&P 500 has so far been somewhat dismal with stocks consolidating and digesting Read More
Investor's Digest of Canada •2014-02-13 •
– By T. Edward Gardiner
For some time now, I’ve been avoiding Canadian bank stocks. I believe they’re over-priced, given the banks’ big exposure to consumer debt.
In spite of this, their Read More
Money Reporter •2014-02-07 •
Canadian Imperial Bank of Commerce (TSX:CM) Recent price $88.93 dividend $3.84; yield 4.32%; EPS $8.24; PE 10.8; 52-week high $91.90; 52-week low $73.89; one-year price change +8.0%
CM continues to Read More
Money Reporter •2014-01-22 •
Money Reporter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
What to do about common stocks
We experienced a nice little year-end rally in Canadian stocks. Over the past Read More
The Investment Reporter •2014-01-21 •
The Investment Reporter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
The global economy is expected to grow more quickly in 2014. Also, North American companies are sitting on Read More
The Investment Reporter •2014-01-17 •
The Investment Reporter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
THE MARKET THIS MONTH: January is in the best six-month period for stocks. The strengthening U.S. and global Read More
The MoneyLetter •2014-01-16 •
The MoneyLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
– Keith Richards
As we begin the New Year, many of us find ourselves reflecting on past decisions we’ve made Read More
Canadian Mutual Fund Adviser •2014-01-15 •
Canadian Mutual Fund Adviser, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Below, we discuss four equity funds we think you should consider investing in in 2014. They may Read More
Money Reporter •2014-01-14 •
Money Reporter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
U.S. investors made out like bandits
The final numbers are now in, and it turns out that the S&P/TSX Composite Read More
Investor's Digest of Canada •2013-12-16 •
Investor’s Digest of Canada, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
– Edited from an article by Sunil Vidyarthi, M.B.A., PhD
What’s your take on the umpteenth version of Read More
Canadian Mutual Fund Adviser •2013-12-13 •
Canadian Mutual Fund Adviser, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Recent market action indicates why it’s essential to hold Canadian
equity index ETFs as part of a Read More
Canadian Mutual Fund Adviser •2013-12-11 •
Canadian Mutual Fund Adviser, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Northwest Canadian Equity Fund has performed reasonably well compared to its peers these past 10 years. But Read More
Canadian Mutual Fund Adviser •2013-12-02 •
Canadian Mutual Fund Adviser, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Critics of market cap-weighted indexes argue they overweight overvalued stocks while underweighting undervalued ones. This leads to Read More
The MoneyLetter •2013-11-26 •
The MoneyLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
For 2014, market momentum and technological innovation will give world-class Canadian companies a solid base.
This year, more Read More
Money Reporter •2013-11-14 •
Money Reporter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Canadian Imperial Bank of Commerce (TSX:CM) Recent price $82.76 dividend $3.84; yield 4.64%; EPS $8.21; PE 10.1; 52-week high Read More
Investor's Digest of Canada •2013-11-12 •
Investor’s Digest of Canada, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
– Edited from an article by Keith Richards By this time, you already know America isn’t going to Read More
Money Reporter •2013-11-06 •
Money Reporter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
The agreement between Toronto-Dominion Bank (TSX:TD) and Canadian Imperial Bank of Commerce (TSX:CM) to split CIBC’s previously exclusive Aeroplan Read More
Canadian Mutual Fund Adviser •2013-11-04 •
Canadian Mutual Fund Adviser, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Many small-cap equity funds are highly volatile. But others are able to minimize volatility by emphasizing “quality” Read More
Investor's Digest of Canada •2013-10-23 •
Investor’s Digest of Canada, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Investors who follow seasonal trends know that the best-six- month strategy begins in late October or early Read More
The MoneyLetter •2013-10-21 •
The MoneyLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Industrials offer great leverage to an improving economy and will outperform in the months ahead
The market was recently jolted Read More
Canadian Mutual Fund Adviser •2013-10-18 •
Canadian Mutual Fund Adviser, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
You may be disappointed if you plunge into the U.S. markets now expecting near-term gains similar to Read More
