Stocks

Will the PlayBook save RIM?

by

Last week on the day when Apple launched the iPad 2 , Research In Motion (RIM) shares dropped over 10%. That’s not to say that RIM was unprofitable, far from it. RIM reported a higher-than-forecast fourth-quarter profit on Thursday March 24th, with an increase in BlackBerry phone shipments of 52.3 million, a revenue growth of over $19.9 billion, and a 47% increase in earnings per share. And that is amidst a backdrop of iphone and Android sales, as pointed out in a recent Globe and Mail article. However, investors have lost confidence in RIM’s ability to innovate regardless of BlackBerry …

Read more

Uranium Stocks On Sale

by

The recent earthquake and resulting tsunami in Japan is a colossal tragedy. Another potential tragedy is a man-made one, from Japan’s dependence on nuclear energy. With the impending melt-down of four nuclear reactors at the Fukushima nuclear power plant, the world has become suddenly nervous about nuclear energy. Coupled with mass evacuations and possibility of widespread radioactive contamination in a heavily populated region, investors pulled the trigger Monday morning on a global sell-off of  uranium producers and juniors (see table below).  The selloff continued today with Denison Mines (DML-T) and Cameco (CCO-T) among other uranium producers losing value. However it …

Read more

Time to Sell Enercare?

by

Recently a reader asked me to take a look at Enercare (ECI), formerly the Consumer Water Heaters Income Fund (CWI.UN ).  As I mentioned in a previous article – The Income Trust Countdown – many income trusts were purchased by investors only for the dividend yield, and in some cases that yield exceeded 10%. Of course with high yield comes high risk – but many investors seem to be indifferent to that fact. Now that most of these trusts have converted to corporations (other than REITs), they are under different tax rules and dividend obligations. Some Income Trusts have had …

Read more

From Natural Gas to Big Macs

by

A lot of interesting developments occurred last week on some stocks I have been watching and/or holding.  I have noticed a significant increase in my holdings: Encana, Rogers, Royal Bank, and Shaw Communications etc. are all advancing.  I was hoping to have published this post over the weekend, since it was last week’s news. So here goes better late than never! Bank of Montreal (BMO) BMO is on the move! Back on December 20th BMO share prices had slumped down from approx $59 to $56.60 per share following missed earnings expectations and Moody’s Downgrade after BMO purchased Marshall & Ilsley …

Read more