“If you aren’t willing to own a stock for 10 years, don’t even think about owning it for ten minutes.” — Warren Buffett
Buffett once allowed that his ideal period for owning a stock was “forever.” Day traders can stop reading here. These stocks are intended as keepers.RBI, owner of the Tim Hortons, Burger King and Popeyes restaurant brands, has an ambitious goal to increase its total store count by about 50 per cent, to some 40,000 locations, by 2030.
RBI stock is trading about 40 per cent below its 2019 peak of about $75 . And the shares boast a handsome dividend yield of 3.6 per cent. That, of course, is part of the upside story at Rogers. At this writing, all bets are off on the impact of the Omicron variant of the coronavirus. But travel restrictions will eventually be lifted, and pre-pandemic levels of roaming revenues will be restored.
Rogers outpaced Bell and Telus in pre-pandemic profit growth, more than doubling profit in the four years to 2019. Because of its sprawling pipeline network across North America, Enbridge is ideally suited to continually purchasing still more pipelines for integration into its network. The firm’s renewable energy portfolio also includes a hydroelectric power plant, a geothermal project, and several waste heat recovery facilities.
And CPKC would provide shippers with access to Atlantic, Pacific and Gulf of Mexico ports unmatched by its five Class 1 railway peers in North America.