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
iwb21737 (October 16, 2017)
The tipping point… Diversification: How much do you need?… Shawn Allen’s updates: Stantec, FedEx, Toll Brothers, Ceapro… Gordon Pape’s updates: ABB Group, iShares Core S&P 500 Index ETF… U.S. stocks seminar… Member’s Corner: RESP dilemma
iwb21736 (October 2, 2017)
Oil price rebound fuels TSX surge… Hurricanes: Ill winds blow in opportunities… Glenn Rogers updates Boeing, Alibaba, Nvidia, Apple, Starbucks… Gordon Pape’s updates: Suncor Energy, Andrew Peller… Your Questions: Stingray… Short-term bond funds can lose money… No IWB next week. Next issue Oct. 16.
iwb21735 (September 25, 2017)
A tax break that’s not on the hit list… Another gain for TFSA portfolio… Risk reduction through diversification… Gordon Pape updates Telus and Brookfield… Your Questions: Hotel REIT, RRIF conversion… Members’ Corner: Fortis and Waneta
iwb21734 (September 18, 2017)
Pension plan members face tough choices… Ryan Irvine on diversification… Ryan Irvine recommends Sylogist… Gordon Pape updates Wal-Mart, Fortis, Sandstorm Gold… Gavin Graham updates Manulife… Your Questions: RESP dilemma, fund problems
Recent Updates
VersaBank (TSX, NDQ: VBNK)
VersaBank sources its funding through a network of deposit brokers as well as from insolvency industry professionals via a customized banking software solution, and from holdbacks retained through its receivable purchase program. The bank purchases loan and lease receivables from non-bank financial services companies and originates and services real estate development and commercial loans.
In addition to its core digital banking operations, VersaBank has established cybersecurity services and banking and financial technology development operations through its wholly owned subsidiary DRT Cyber Inc. (which owns Digital Meteor).
Chevron Corp (NYSE: CVX)
Chevron was formed by the merger of Chevron and Texaco in the 1980s. It is the second largest private oil and gas company in the US and the third largest by market capitalization in the world after ExxonMobil and Saudi giant Aramco.
Walmart (NDQ: WMT)
Walmart is the world’s largest bricks and mortar retailer with more than 10,900 stores in 19 countries, plus an expanding e-commerce operation. It employs 2.1 million people, serves about 280 million customers weekly, and had revenue in the latest fiscal year of $713 billion.
In our first issue this year, we chose Walmart as one of our recommended stocks to own in 2026. The shares are up about 13.8% year-to-date, well ahead of any of the indexes. We have gained 465% since the original recommendation, not including dividends. Note that the stock trades on Nasdaq, having moved from the NYSE.
Groupe Dynamite Inc.
The company caters to the needs of Gen Z and millennials through its brands Garage and Dynamite. The company operates approximately 300 stores in North America, of which more than 70% are under the Garage brand, and plans to enter the UK in 2026, where it projects 10 stores by 2028.
The stock has been on a very strong upward trajectory, jumping almost 500% in the past year since it was recommended.
RTX Corp. (NYSE: RTX).
RTX (formerly Raytheon) has over 150,000 employees in 46 countries and has been around in various forms for over 100 years. A few years ago, it merged with United Technologies and spun off the Otis and Carrier businesses, which left it with a large dominant aerospace and defence business.