Summary Sun Life’s medium term objectives are 8 – 10% EPS growth, 12 – 14% ROE, and a 40 – 50% dividend payout ratio. SLF is more of “steady as she goes” type of investment with a moderate level of potential capital appreciation. I view SLF as a less volatile long-term investment than its largest [...]
Summary Hormel held its Investor Day June 15, 2017 wherein it provided a great overview of the company`s growth opportunities. HRL`s long-term targets are 5% top-line growth, 10% bottom-line growth, and margins in the top quartile of its peers by 2020. It is one of a few companies which have increased the annual dividend for [...]
Summary This Manulife Financial Corporation stock analysis is based on Q1 2017 results. Manulife is the largest life-insurance company in Canada and ranks among the top 5 globally. Manulife has either been a wonderful or a terrible investment with much dependent on when you acquired shares subsequent to it being demutualized in 1999. I suggest [...]
Summary This The J.M. Smucker stock analysis is based on Q4 and FY2017 results released June 8, 2017 and its 2018 forecast. I have been looking to increase my exposure in the Consumer sector and view the Non-Cyclical Consumer Goods space as one likely to experience a lower level of volatility. SJM has been on [...]
Summary This National Bank of Canada Stock Analysis is the sixth of a 6 part series covering the Big 6 Canadian Banks. National Bank of Canada reported Q2 2017 results May 31st that were positively received by the market. Liquidity Ratios continue to be strong thus providing investors with assurances that an investment in the [...]
Summary This The Bank of Nova Scotia Stock Analysis is the fifth of a 6 part series covering the Big 6 Canadian Banks. BNS reported Q2 2017 results May 30th and its Liquidity Ratios continue to be strong thus providing investors with assurances that an investment in the bank is relatively safe. BNS is Canada’s [...]
Summary This Canadian Imperial Bank of Commerce Stock Analysis is the fourth of a 6 part series covering the Big 6 Canadian Banks. CM reported Q2 2017 results May 25th and its Liquidity Ratios continue to improve thus providing investors with assurances that it remains a safe bank. Growth in its residential real estate portfolio [...]
Summary This The Toronto-Dominion Bank Stock Analysis is the third of a 6 part series covering the Big 6 Canadian Banks. TD reported strong Q2 2017 results May 25th and its Capital Measure Ratios continue to be acceptable and stable. Pockets of the Canadian real estate market have been wildly overheated and a cooling appears [...]
Summary This Royal Bank of Canada Stock Analysis is the second of a 6 part series covering the Big 6 Canadian Banks. RY reported strong Q2 2017 results May 25th with earnings by business segment and by geography reflecting a marginally greater % from Wealth and the US relative to FYE2016. RY’s Capital Measure Ratios [...]
Summary This Bank of Montreal Stock Analysis is based on Q2 2017 results and is the first of a 6 part series covering the Big 6 Canadian Banks. BMO US results have raised concerns about a slowing in its US growth. BMO’s Capital Measure Ratios continue to improve thus providing investors with assurances that BMO [...]