Canada is rich in natural resources like palladium, gold, and silver. Some of the world’s most prominent mining and natural resource firms call the Toronto Stock Exchange (TSX) home. The global market for potash, uranium, and niobium would not be the same without the Canadian mining industry.
Up to 75% of the word’s natural resource mining firms choose to incorporate in Canada. Canada-based companies operate mines in North America, Latin America, and Africa, though not all the natural resource companies headquartered in Canada are run by Canadian nationals.
Whether it is attractive international trade deals favouring Canada or something more, Canada seems to be an ideal location to build an international mining company. Likewise, the TSX is the perfect exchange to buy stock in top natural resources and mining firms.
2 top mining stocks to buy in 2020
The two best mining and natural resource stocks to buy on the TSX are Largo Resources Ltd (TSX:LGO) and Labrador Iron Ore Royalty Corp (TSX:LIF). These two stocks are both undervalued with strong financials and high earnings growth.
Labrador is probably the safer choice with more stable price performance on the TSX in the past 52 weeks, but Largo is the cheaper stock now that it has lost over 65% of its market value over the same time period.
Labrador Iron Ore underperforms the S&P/TSX Composite Index
Labrador is a top mining stock to buy in 2020 on the TSX. This company owns 15% of an iron mine near Labrador City, in Newfoundland & Labrador. Royalty companies finance expensive mining exploration and production projects. Although not without risk, royalty companies tend to be net creditors, meaning they carry less debt and have higher returns to equity than more highly leveraged companies.
At $23.85 per share and with a $2 billion market capitalization, Labrador is still within a reasonable price range for most investors in Canada. The trailing 12 months earnings per share (EPS) is $3.15 and the annual dividend is about $1 with a trailing yield of 4.33%.
The stock has been going through a bit of a rough patch related to price performance over the past decade. Still, the stock has been rebounding since 2016 and remains undervalued with a price-to-earnings (P/E) ratio of 7.58.
Largo Resources stock has a volatile history on the TSX
Largo operates a diversified portfolio of natural resources mining operations of vanadium, iron, tungsten, and molybdenum deposits in Brazil and Canada. Canadians can pick up a 100-share position for $99.
Largo has had its good years and bad years on the TSX. The stock price was more stable prior to 2015 compared to the last five years. Fortunately for shareholders, the price of its shares cannot fall much further than its current position, at $0.99 per share and a market capitalization of $526.59 million.
The stock price on Largo is close to its 52-week low of $0.81 per share. The company has paid off nearly $400 million in debt since September 2018. Today, the company is debt-free with a return on equity of 25.27%. Above-market average price performance accompanied the decrease in debt in 2018. Since then, the stock price has lost some of those gains but remains up 115.2% from its price of three years ago.
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4 Things to Watch in 2020 — Part 3: Former Runners
… be sure to read them as soon as you finish reading this post. Take notes from this series. These are just a few of the stocks I’ve watched recently. Along with the stocks in this post, watch former runners related to the coronavirus outbreak. Many of the same stocks that spiked during the 2014 Ebola outbreak are in play again. I’m working on a dedicated coronavirus post now.
👉🏼SUBSCRIBE to my FREE weekly stock watchlist here.
After two decades of trading, I’ve noticed…
Stocks Have Characteristics
Stocks tend to have characteristics. What do I mean by that?
If a stock behaves a certain way one time, it can happen again. And if it does happen again, the chance of it happening multiple times increases.
I’m fortunate because I’ve been doing this for over 20 years. So I know these characteristics pretty much inside out. So this is about learning one particular characteristic of penny stocks…
Former runners can run again.
Thank you @timothysykes for teaching me to buy FORMER RUNNERS, on a DIP, with high VOLUME …long $CIFS @ 1.16 out at 1.29 …hit 1.45 but i took meat of the move …2 years ago i didn’t know shit bout the market let alone those 3 key factors …happy holidays
— Pete Falcone (@PeteFalcone0101) December 13, 2019
In other words, history repeats. (Remember it’s not an exact science. This is something to watch for … not a prediction service.)
Before I get to examples, there’s one other thing to consider. Some stocks have stories…
Pay Attention to Story Stocks
So, I always say focus on big percent gainers. But you also have to focus on a few story stocks. What’s a story stock? They’re stocks where the story behind the company or its products excites investors.
Two of the former runner examples in this post are story stocks. You’ll see what I mean with Astrotech and Ignite brands.
Let’s get to some examples of former runners I’m watching.
Recent Examples of Former Runners
This list of four former runners I’ve been watching and/or trading is only a small sample.
https://t.co/ED5DWo667t I love my FGD plays on former runners!
— Timothy Sykes (@timothysykes) January 6, 2020
So use these examples to drive home the idea. When a stock runs, check to see if it has a history of running.
Ignite International Brands Ltd (OTCQX: BILZF)
The first example of a former runner I’m watching is Ignite — Dan Bilzerian’s weed company.
Take a look at the BILZF six-month chart:
The chart doesn’t look like much, especially over the past 100 days. But it did have a big spike from the $1.20s all the way to $4 in 24 hours. (See the huge volume spike on the chart.)
The spike happened when Bilzerian posted to his social media account. What did he say? He let his followers know that they could now invest in his company with a U.S. ticker.
BILZF Is a Story Stock
BILZF is an example of a story stock. Dan Bilzerian has a huge social media following. So even though the chart is kinda quiet now…
… if he posts something or if there’s news … it could spike again. So you still have to watch it.
I last traded this stock in September during my annual conference. But I’m still watching it for two reasons. First, the guy has a lot of followers. Second, he knows how to make money.
So you gotta think he’s working on some deals. Any one of those deals — when they get announced — could spike the stock. My guess is, he’ll probably be proud of any deal and post it on social media.
So you won’t just have the press release from the deal, you’ll also get Bilzerian’s social media post. And in his post, he’ll talk about the press release and talk about the deal. He might even link to the deal.
He’s basically his own publicist (given his following). So this stock is worth watching.
Note: On January 20, Ignite announced it’s adding beverages to its list of products. The stock really didn’t do much. Again, I’ll keep watching in case Dan Bilzerian’s followers get interested. As I write, he hasn’t posted about the deal on social.
On to another example of a former runner…
ShiftPixy, Inc. (NASDAQ: PIXY)
PIXY is in a totally different sector. It’s involved with the gig economy — kinda Uber-like but for staffing. It recently sold off 60% of its business to focus primarily on restaurants. I trade this stock on January 24. It was a very undisciplined trade and resulted in my biggest loss this year.
Learn the lessons from that trade in this post about trading discipline. But first, let’s see why the stock was on my watch list.
Here’s the PIXY one-month chart:
The stock spiked from $7 all the way up to $28 on the news. Then it dropped back to trade in a range between roughly $13.50 and $16.50 for several days. But even though it was down, it proved it can spike. If you look at a one-year chart, it doesn’t look that amazing.
But this isn’t the first spike. You have to go back further. Here’s the three-year chart:
As you can see, PIXY had a big one-day spike back in December 2017. Then another in March 2018 … and another in July 2018. They might not look like much on the chart, but they were big percent gains. And they’re proof the stock can spike, which is why PIXY was on my watch list.
The next example is another story stock…
Astrotech Corporation (NASDAQ: ASTC)
I’ve traded ASTC multiple times. Every single time it spiked, there was news about its detection equipment. It has this new security detection equipment for airports. Theoretically, if more airports use the detection equipment, it could be a big hit.
Take a look at the ASTC two-year chart:
As you can see, ASTC had several big one-day spikes in June, September, and December 2018. Then another in November 2019.
It never really sustains its gains. I think the technology is probably a little more complicated than the company lets on. But… it has spiked in the past.
So remember plays that have spiked in the past. They’re not necessarily gonna spike on any given day. But they can.
Again, it’s not an exact science. My goal is to make you aware of the possibility of another spike in the future. So remember former runners.
Here’s the final example…
Trillium Therapeutics Inc. (NASDAQ: TRIL)
TRIL is the most recent of the three. The stock has a terrible two-year chart. Check it out…
But if you look back — or if you remember — it had a helluva run-up back in 2015.
Check out the TRIL five-year chart:
Even though it doesn’t look like that much on the chart … when it goes from $9 to $18 in a few weeks…
… then goes from $5 to $12 over a few weeks…
… you start to learn how it runs.
TRIL tends to run for several weeks at a time. This latest runup — over the past month — is no different. Versus ASTC where it was very much one-and-done over five years…
So it’s not only a matter of remembering former runners. You also have to remember how they ran…
Study the Past for Penny Stock Trading Success
If you really want long-term success trading penny stocks it’s imperative you study the past. I say it all the time. Over and over again. Study the past to prepare for the future.
New to penny stocks? Get access to my FREE penny stock guide here. Go through it at least five times.
In the Stock Market, Experience Pays
Again, I’ve been doing this for over 20 years. During that time, I’ve learned to recognize certain characteristics. And I remember stock tickers — especially if I’ve traded them. But it’s part of the deal. You kinda have to get to know this.
Admittedly, I have an advantage. If you weren’t around for any of the previous spikes, you wouldn’t know the difference between ASTC and TRIL. Unless you study the past.
But I was there for every single one of those spikes. I remember how ASTC was all one-and-dones. And I remember how TRIL went further, and longer, than most people expected.
Know Your Stock Market History
— Mark Croock (@thehonestcroock) April 20, 2017
This is a great example of why I tell students to study the past. Look at longer-term charts. If you see something running, take a deep breath and check. Use StocksToTrade to see if it’s a former runner. If it is … how did it run in the past? What kind of volume did it have? Take time to prepare instead of just jumping in.
If you miss it? There will always be another trade. Next time you’ll know what to look for … faster.
Understand What’s Happening Now
Another thing you should consider…
It’s not enough just knowing former runners. And it’s not enough to know how they ran in the past. You also need to know what’s happening now.
Here’s an example…
How to Use History to Gain an Advantage
As you know from 4 Things to Watch in 2020 — Part 1: Short Squeezes, short sellers are over-aggressive right now. And short sellers who’ve been around a while remember stocks like TRIL and ASTC.
So what do they do? They pound on stocks with a bad history of holding spikes.
What you get is an almost perfect storm. First, the short selling space is overcrowded. There are just too many people trying to short. Second, they’re overly aggressive. Finally, factor in the longest bull market in history…
… with the possibility of a stock actually holding its spike and you get…
… short squeeze mania.
A great example is CounterPath Corporation (NASDAQ: CPAH). I wrote about CPAH in part 1 of this series. Not only did it actually hold its spike, it continued to spike on January 10. Why? Because it had good news with Honeywell.
But the reason the spike was so big was … so many short sellers got over-aggressive and got squeezed.
So you gotta know a stock’s past history. But also know that it doesn’t work 100% of the time.
— Timothy Sykes (@timothysykes) May 15, 2017
Here’s how to gain an advantage…
All traders lose. Just accept it. You will lose some of the time. I lose roughly 25% of the time … and I have exceptional skills developed over two decades. (See every trade I make here.)
You must gain experience. You have to work on your process. So the key is to…
Keep Losses Small While You Develop Your Process
Rule #1 is to cut losses quickly. If you have the self-discipline to always cut losses quickly, it keeps you in the game. Then you can find your best setups and work on your process.
Remember, it’s a marathon and not a sprint.
Keep Studying the Past
This post focuses on former runners … so it should be obvious. But too many people get lazy and don’t wanna keep studying. Keep studying. The more you study, the easier it’ll be to recognize patterns.
Here’s a good place to start…
People messaging me saying they’ve never seen such big moves on stocks like $HUNT $DCAR $WNDW $HYRE so please study this https://t.co/5cw7ALL8sI as these “big moves” are truly nothing new, you’re just under-studied…study the past, it IS still relevant now, now more than ever!
— Timothy Sykes (@timothysykes) March 26, 2019
And it’s not just the patterns. By studying the past you’ll learn about all the indicators that can move a stock. You’ll learn about sector momentum. You’ll see how news can affect certain stocks.
Remember the Lessons of the Past
This applies to big market moves and also certain types of news catalysts.
For example, the recent Wuhan coronavirus headlines are similar to the Ebola outbreak a few years back. That turned out to be mostly hype — thankfully. But you never know how far these can go.
Note: I’m not planning to be aggressive with virus stocks during this scare. First, it’s tough … you’re dependent on breaking news and bad news. Or news of more deaths — which I don’t like. Second, it’s not predictable. You actually have to be there when the news hits.
The point is, remember the lessons. I’m basically a glorified history teacher.
To sum it up…
… traders with more experience, who stay in this game, look back at history, and don’t forget the lessons of the past…
… have an advantage.
Develop Your Trading Skills
Like anything in life, just knowing the information isn’t enough. If you want to gain financial freedom trading penny stocks, you have your work cut out for you.
Based on 20 years of experience trading and a decade of teaching…
… I suggest you get a mentor.
Choose Your Level of Commitment
Only you can decide how much time you want to put into this.
But I will say this…
… my goal is to be the mentor to you that I never had. That’s why I started teaching. And it’s why my team and I continue to work so hard to give you the best materials and content possible.
For the truly dedicated … (it’s not easy, and not everyone gets in)…
The Trading Challenge
The Trading Challenge is my most comprehensive course. You get video lessons, webinars, watchlists, trade alerts, and the Challenge chat room.
This program is not for lazy losers or tire kickers. You will have to go through an interview process to get in. Got what it takes? Apply for the Trading Challenge today.
Pennystocking Silver is a monthly subscription service. You get access to over 6,000 video lessons, a daily watchlist, the TimAlerts chat room, and more. Some people start here and then upgrade to the Trading Challenge later. Again, your level of dedication is up to you…
What do you think of this post? Comment below, I love to hear from you!
The post 4 Things to Watch in 2020 — Part 3: Former Runners appeared first on Timothy Sykes.
Today’s Pre-Market Movers & News [Tuesday, January 28th, 2020]
Good morning traders and investors of the r/StockMarket sub! Happy Tuesday to all! Here are your pre-market movers and news this AM-
- U.S. stock futures were higher after the worst day of 2020 for stocks on concerns about the widening outbreak of coronavirus in China. But the projected rebound will only make a small dent in Monday’s losses. The Dow and S&P 500 had their worst day since October, the Nasdaq since August, and the Dow went negative for 2020 with Monday’s slide. (CNBC)
- Dow components 3M (MMM), Pfizer (PFE), and United Technologies (UTX) lead this morning’s earnings reports. Harley-Davidson (HOG), Lockheed Martin (LMT), McCormick (MKC), PulteGroup (PHM) and Xerox (XRX) also report. (CNBC)
- 3M to cut 1,500 jobs as profit sinks 28% (Reuters)
- Pfizer posts 9% fall in fourth-quarter revenue (Reuters)
- Apple (AAPL), also a Dow stock, highlights today’s after-the-bell earnings reports, with other quarterly numbers coming from Advanced Micro Devices (AMD), eBay (EBAY), Starbucks (SBUX), Stryker (SYK) and Xilinx (XLNX). (CNBC)
- China and Apple’s TV service will be under the spotlight when the tech giant reports earnings (CNBC)
- It’s a busy morning for economic numbers, beginning with December durable goods orders at 8:30 a.m. ET. The S&P/Case-Shiller report on home prices is out at 9 a.m. At 10 a.m. ET, the Conference Board issues its January Consumer Confidence Index. Fed policymakers begin a two-day meeting today, with an interest rate decision and policy statement coming at 2 p.m. ET tomorrow.
- Treasury yields turn lower ahead of Fed meeting (CNBC)
- Chinese health authorities said today that the coronavirus outbreak has killed 106 people and infected 4,515. The new numbers represent a sharp increase from yesterday. The U.S. State Department raised its travel advisory for China from Level 2 to Level 3, asking Americans to “reconsider travel to China” because of the fast-spreading virus. (CNBC)
- CDC is monitoring 110 possible coronavirus cases across 26 states in US (CNBC)
- Coronavirus prompts automakers to evacuate workers, weigh production delays (CNBC)
- Coronavirus vs. SARS: Health experts on the key differences (CNBC)
- Hong Kong’s leader has announced that all rail links to mainland China will be cut starting Friday as fears grow about the spread of a new virus. Chief Executive Carrie Lam said today that both the high-speed rail station and the regular train station would be closed in a containment effort.
- President Donald Trump’s lawyers are set to finish their opening statements today, after laying out a multi-pronged defense in Day 2 at the Senate impeachment trial on Monday. Key GOP senators said that reports about former national security advisor John Bolton shifts the tide in favor of calling him as a witness. (CNBC)
- Trump to hold a rally today with congressman who recently switched to be a Republican (USA Today)
- Trump is set to unveil his administration’s much-anticipated Mideast peace plan today, the latest American attempt to resolve the Israeli-Palestinian conflict. The president is expected to present the proposal alongside Israeli Prime Minister Benjamin Netanyahu. (AP)
- Afghan forces and Taliban fighters clashed in a central region where a U.S. military aircraft crashed, officials said today, as the government tried to reach the wreckage site in a Taliban stronghold. On Monday, the U.S. military said an E-11A aircraft crashed in the province of Ghazni, but disputed Taliban claims to have brought it down. (Reuters)
- Boeing (BA) has secured commitments of more than $12 billion in financing from more than a dozen banks, as the industrial giant shores up its balance sheet from the nearly yearlong grounding of the 737 Max. Boeing is expected to detail its financing strategy when it reports earnings before the market opens tomorrow. (CNBC)
- The Supreme Court said it will allow the Trump administration’s “public charge” rule to take effect after the immigration policy had been blocked by lower courts. The rule will make it more difficult for immigrants to obtain permanent residency, or green cards, if they have used or are likely to use public benefits like food stamps and Medicaid. (CNBC)
- Federal antitrust regulators are probing a possible deal between a major U.S. dairy cooperative and Dean Foods, the bankrupt milk-processing giant, as the dairy industry realigns after decades of declining milk consumption. Federal officials are asking farmers and retailers to weigh in, the Wall Street Journal reported.
- The pilot of the helicopter that crashed near Los Angeles, killing Kobe Bryant and eight others, told air traffic controllers in his last radio message that he was climbing to avoid a cloud layer before plunging more than 1,000 feet into a hillside. Some experts suggested that the pilot might have gotten disoriented because of fog. (AP)
- NBA postpones tonight’s Lakers-Clippers game after Bryant’s death (USA Today) In Bryant’s passing, the WNBA also lost a real ‘advocate’ (CNBC)
STOCK FUTURES CURRENTLY:
YESTERDAY'S MARKET MAP:
TODAY'S MARKET MAP:
YESTERDAY'S S&P SECTORS:
TODAY'S S&P SECTORS:
TODAY'S ECONOMIC CALENDAR:
THIS WEEK'S ECONOMIC CALENDAR:
THIS WEEK'S UPCOMING IPO'S:
THIS WEEK'S EARNINGS CALENDAR:
THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:
THIS AFTERNOON'S POST-MARKET EARNINGS CALENDAR:
([CLICK HERE FOR THIS AFTERNOON'S EARNINGS CALENDAR!]())
EARNINGS RELEASES BEFORE THE OPEN TODAY:
EARNINGS RELEASES AFTER THE CLOSE TODAY:
YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:
YESTERDAY'S INSIDER TRADING FILINGS:
TODAY'S DIVIDEND CALENDAR:
THIS MORNING'S MOST ACTIVE TRENDING TICKERS:
THIS MORNING'S STOCK NEWS MOVERS:
3M (MMM) – 3M reported quarterly profit of $1.95 per share, compared to a consensus estimate of $2.10 a share. However, that number included a 20 cents a share charge for newly announced job cuts totaling 1,500. Revenue came in slightly below Wall Street forecasts.
STOCK SYMBOL: MMM
Pfizer (PFE) – The drugmaker missed estimates by 3 cents a share, with quarterly earnings of 55 cents per share. Revenue was above forecasts, however. Pfizer results were impacted somewhat by the loss of exclusivity for its pain drug Lyrica.
STOCK SYMBOL: PFE
United Technologies (UTX) – The industrial conglomerate beat estimates by 10 cents a share, reporting quarterly profit of $1.94 A share. Revenue also beat forecasts as sales rose 8%.
STOCK SYMBOL: UTX
Harley-Davidson (HOG) – The motorcycle maker’s quarterly sales missed estimates, with a 3.1% decline in retail sales — that decline was Harley’s smallest in three years.
STOCK SYMBOL: HOG
PulteGroup (PHM) – The home builder beat estimates by 5 cents a share, with quarterly earnings of $1.14 per share. Revenue also topped Wall Street forecasts as new orders jumped 33%.
STOCK SYMBOL: PHM
Xerox (XRX) – The office equipment maker reported quarterly earnings of $1.33 per share, compared to a consensus estimate of $1.11 a share. Revenue also came in slightly above forecasts, and Xerox gave a full-year 2020 forecast above current consensus.
STOCK SYMBOL: XRX
Boeing (BA) – Boeing has secured more than $12 billion in financing to help it deal with the ongoing grounding of its 737 Max jet, according to people familiar with the matter who spoke to CNBC.
STOCK SYMBOL: BA
Whirlpool (WHR) – Whirlpool reported quarterly profit of $4.91 per share, beating the consensus estimate of $4.27 a share. Revenue missed forecasts, however. The appliance maker was helped by higher prices and moderating growth in raw materials costs, and it said its outlook for 2020 was “solid.”
STOCK SYMBOL: WHR
Caterpillar (CAT) – Caterpillar announced that former Boeing (BA) CEO Dennis Muilenburg resigned from its board of directors and that the departure was not due to any disagreement with the heavy equipment maker.
STOCK SYMBOL: CAT
Blackstone (BX) – Blackstone raised its bid for Japanese hotel chain Unizo by 12% to $1.75 billion. That tops a bid from private-equity firm Lone Star, whose bid currently has Unizo’s support.
STOCK SYMBOL: BX
SAP (SAP) – SAP raised its revenue and profit outlook after the business software company reported in-line results in its first quarter under new co-CEOs Jennifer Morgan and Christian Klein.
STOCK SYMBOL: SAP
Delphi Technologies (DLPH) – The auto industry supplier received a stock swap buyout offer from rival BorgWarner (BWA) that values Delphi at about $3.3 billion, or $17.39 per share. That’s a premium of about 77% compared to Monday’s closing price.
STOCK SYMBOL: DLPH
Beyond Meat (BYND) – Beyond Meat was downgraded to “neutral” from “overweight” at J.P. Morgan Chase, which cited valuation for the plant-based burger maker and cut its price target to $134 per share from $138 a share.
STOCK SYMBOL: BYND
Williams-Sonoma (WSM) – Williams-Sonoma was upgraded to “outperform” from “perform” at Oppenheimer, which thinks the housewares retailer’s operating margins have stabilized.
STOCK SYMBOL: WSM
/u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. /u/bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.
What's on everyone's radar for today's trading day ahead here at r/StockMarket?
I hope you all have an excellent trading day ahead today on this Tuesday, January 28th, 2020! 🙂
Canada Revenue Agency: How to Earn Huge Monthly Income in Your TFSA in 2020
In the final months of 2019, I’d discussed strategies and key mistakes that investors may make when it comes to their Tax-Free Savings Accounts (TFSAs). This year, the annual contribution for the TFSA moved up another $6,000. The cumulative contribution room for a TFSA has moved up to $69,500.
Not only is this an attractive starting point for a growth-oriented portfolio, but it is a great amount of room for investors who are looking to churn out tax-free income. A great way to remove the headache that comes with tax season is to marvel at all the tax-free gains you have accumulated over the course of a year. Today, I want to look at how investors can generate big returns through some of the top dividend stocks on the TSX.
Three monthly dividend stocks to own in your TFSA this year
Inter Pipeline (TSX:IPL) is a Calgary-based natural gas company. Energy has proven volatile in recent years, but Inter Pipeline is one stock that has managed to weather the storm and provide a nice bit of income for its shareholders. Shares of Inter Pipeline have climbed 13.6% year over year as of close on January 27.
Investors can expect to see its fourth-quarter and full-year results sometime in February. In the third quarter, Inter Pipeline reported a solid quarterly payout ratio of 87%. It boasts one of the more attractive dividends in its sector and offers a monthly payout.
The stock last paid out a monthly dividend of $0.1425 per share. This represents a 7.7% yield. The company has achieved dividend growth for 10 consecutive years. A purchase of 500 shares of Inter Pipeline stock, which closed at $22.16 per share on January 27, would net investors over $70 a month in their TFSA.
TransAlta Renewables (TSX:RNW) is an exciting stock, as the green energy revolution promises to ramp up in this new decade. Shares of TransAlta have surged 49% year over year at the time of this writing. It is still a young stock on the TSX, but its combination of growth and income have been electric for shareholders in recent years.
This company’s fourth quarter release its also slated to come out in February. Comparable EBITDA rose to $313 million in the year-to-date period for TransAlta at the end of Q3 2019. It is moving into this year with an excellent balance sheet, which should be music to the ears of income investors.
The stock last paid out a monthly dividend of $0.07833 per share, which represents a 5.7% yield. TransAlta has achieved six straight years of dividend increases. A purchase of 1,000 shares of TranAlta stock would net investors over $75 in tax-free income in their TFSA.
H&R REIT (TSX:HR.UN) is a Toronto-based real estate investment trust that specializes in commercial real estate. Shares in H&R REIT have climbed 3.5% in 2020 as of close on January 27. Back in late November, I’d suggested that H&R REIT offered nice value after a post-earnings dip.
The REIT is expected to report its Q4 and full-year results in February. So far in 2019, H&R REIT has reported same-asset property operating income of $122.9 million — up 2% from the prior year. Funds from operations (FFO) per unit have marginally increased by 0.8% to $1.31.
Real estate, like utilities and telecom, has been a reliable source of income in this low interest rate environment. With the global economy still battling trouble over trade and slowing growth, investors should expect central banks to be dovish in the near term. H&R REIT last paid out a monthly dividend of $0.115 per share. This represents a strong 6.3% yield. A purchase of 800 shares of H&R REIT stock would net investors over $90 a month in their TFSA.
Amazon CEO Jeff Bezos recently warned investors that “Amazon will be disrupted one day” and eventually “will go bankrupt.”
What might be even more alarming is that Bezos has been dumping roughly $1 billion worth of Amazon stock every year…
But Bezos isn’t just cashing out, he’s reinvesting his money into a company utilizing a fast-emerging technology that he believes will “improve every business.”
In fact, this tech opportunity could be bigger than bigger than Amazon, Tesla, and Berkshire Hathaway combined.
Get the full scoop on this opportunity that has billionaire investors like Bezos convinced – before it’s too late…
- Collect $935 in Monthly Passive Income With These 3 Dividend Heavyweights
- Top 3 High-Yielding REITs on the TSX
- Is Inter Pipeline’s (TSX:IPL) Dividend Safe?
- Canada Revenue Agency: How to Generate $695 in Extra Monthly Pension Income and Avoid OAS Clawbacks
- CPP Pension Users: Bulk Up Your CPP With These 2 Dividend Stocks
Fool contributor Ambrose O’Callaghan has no position in any of the stocks mentioned.
Transcript: Barbara Tversky
4 Things to Watch in 2020 — Part 3: Former Runners
Impeachment Season Is Going Strong — But, Where Is Melania Trump?
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