Investment Reporter Picks

For the month of July 2014, MPL Communications Investment Reporter newsletter had picks for best buys for income and best buys for growth.

Best buys for income

BCE INC. $48.99 (Quality rating: Very Conservative; TSX-BCE; Sector: Utilities; T: 800-339-6353) yields five per cent and raises your dividend every year.

CANADIAN IMPERIAL BANK OF COMMERCE $97.40 (Quality: rating: Very Conservative; TSX-CM; Sector: Financial; T: 416-960-8691) yields 4.1 per cent, the highest of our Key stock banks.

CORUS ENTERTAINMENT $24.97 (Quality rating: Very Conservative; TSX-CJR.B; Sector: Consumer; T: 416-479-6107) yields 4.4 per cent and is profiting from the acquisitions of assets from Key stocks BCE Inc. and Shaw Communications.

EMERA INC. $34.00 (Quality rating: Very Conservative; TSX-EMA; Sector: Utilities; T: 902-428-6486) yields 4.3 per cent and has diversified utility operations.

IGM FINANCIAL $50.74 (Quality rating: Very Conservative; TSX-IGM; Sector: Financial; T: 416-979-4198) yields 4.2 per cent. The company operates lucrative mutual fund firms.

TRANSCONTINENTAL INC. $15.20 (Quality rating: Conservative; TSX-TCL.A; Sector: Consumer; T: 514-954-4000) yields 4.2 per cent and raises its dividends.

Best buys for growth

ALIMENTATION COUCHE-TARD $29.45 (Quality rating: Very Conservative; TSX-ATD.B; Sector: Consumer; T: 450-662-6632 ext. 4607) runs convenience stores across Canada, the U.S. and Northern Europe.

CCL INDUSTRIES $101.61 (Quality rating: Conservative; TSX-CCL.B; Sector: Manufacturing; T: 416-756-8526) is profiting from integrating acquired businesses.

CGI GROUP $36.54 (Quality rating: Very Conservative; TSX-GIB.A; Sector: Multi; T: 514-841-3355) has a customer base diversified globally and by service requirements.

FINNING INTERNATIONAL $29.60 (Quality rating: Conservative; TSX-FTT; Sector: Resources; T: 604-331-4934) profits from resource and infrastructure projects in Western Canada, Latin America and Britain.

HIGH LINER FOODS $25.19 (Quality rating: Average TSX-HLF; Sector: Consumer; T: 902-421-7100) has significantly expanded its earnings per share in recent years.

OPEN TEXT CORP. $50.89 (Quality rating: Conservative; TSX-OTC; Sector: Multi; T: 519-888-7111) profits from Enterprise Content Management and Business Process Management.

All these stocks are currently from their list of Key Stocks. See this email newsletter here. You can sign up for their free newsletter here.

On my other blog I am today writing about Intact Financial Corp. (TSX-IFC, OTC-IFCZF) ... continue...

This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

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