One of the most important principles of sound investment management is staying on top of what’s happening in the world and how those events affect finances. Conditions change quickly, and keeping up-to-date on developments and trends can be challenging. The team of experts producing IWB have been advising Canadian investors for over 25 years.
Edited and Published by Gordon Pape. Associate Editor: Richard Croft
With Gavin Graham, Ryan Irvine, Glenn Rogers, Shawn Allen, Adam Mayers, Paul Bamford & Michael Corcoran.
Recent Issues
iwb21240 (November 12, 2012)
What to watch … TFSA Portfolio update… Fourth-quarter earnings could disappoint… Tom Slee updates CN Rail, Norfolk Southern, Stella Jones, Tourmaline Oil… Gordon Pape’s updates: MacDonald, Dettwiler, Constellation Software, Danier Leather… Your Questions: Transferring RRSP… New TFSA book
iwb21239 (November 5, 2012)
The politics of takeovers… Ryan Irvine takes some profits… October not so scary… Gordon Pape’s updates: MacDonald, Dettwiler, TransCanada… Your Questions: RESP investing… Members’ Corner: Bullion ETF, U.S. real estate
iwb21238 (October 29, 2012)
Florida window closing… Banks downplay good results… Tom Slee updates TD Bank, National Bank, Scotiabank, Manulife Financial, Intact Financial… More updates: YUM! Brands, AT&T, Intel… Your Questions: Where to put MLPs, financial advisors, pension tax credit… Members’ Corner: Cranes in Italy, doom and gloom
iwb21237 (October 22, 2012)
Doom and gloom… Or maybe not… My 2013 outlook… Pasta for tourists… Glenn Rogers updates Dentsply, Shaw Group, Flowserve, Darling International, SPDR Homebuilders ETF… A note on Aberdeen International
Recent Updates
Cheniere Energy (NYSE: LNG)
This Houston-based company is one of the largest distributors of liquefied natural gas based in the US. Much of its recent growth has been driven by Russia’s war in Ukraine and the impact of the war in Iran, which has closed the Strait of Hormuz. These conflicts have left Europe and other countries around the world scrambling for alternate natural gas supplies. LNG is in the right place at the right time.
The stock recently hit an all-time high of $300.89 but has pulled back to the current level. Despite the retreat, the shares are up about one-third so far this year and we have a gain of 84% on the original recommended price.
Eaton Corporation (NYSE: ETN)
Based in Dublin and operating globally, Eaton produces the essential electrical and power-management equipment that makes modern energy systems safe, reliable, and efficient. Its portfolio includes advanced switchgear, circuit protection, UPS systems, power converters, and intelligent breakers – the hardware heartbeat inside data-centre halls, factories, hospitals, and substations.
The TJX Companies, Inc. (NYSE: TJX)
TJX operates 5,000 stores worldwide under various banners such as T.J. Maxx, Marshalls, HomeGoods, Sierra, Winners, HomeSense, and T.K. Maxx. There are Marshalls, Winners, and HomeSense stores in several Canadian cities.
Ross Stores (NDQ: ROST)
Ross Stores is a Fortune 500 company, based in California. Last year its revenues were $18.9 billion. It offers 20% to 60% off department store prices for apparel, footwear, and home fashion. The company operates over 1,900 locations, focusing on a no-frills shopping experience.
The stock is up about 26% so far this year and recently touched an all-time high of $230.44.
Consumer Stables Select Sector SPDR Fund (NDQ: XLP)
This huge ETF invests in the shares of companies that are involved in the development, production, and sales of basic consumer products, of the type found in every household. These include food, pharmaceuticals, beverages, personal hygiene products, and more.