Dividend growth stocks were the only outperforming group in August: BMO strategist

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 92%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow

BMO chief investment strategist Brian Belski reported that the stocks from his dividend growth screen were the only group he tracks that outperformed the S&P/TSX Composite in August.

The “outperform”-rated stocks on the dividend growth list are Alimentation Couche-Tard, Boardwalk REIT, Boyd Group Services, CCL industries, Colliers international Group, Canadian Pacific Kansas City Ltd., Constellation Software, Cenovus Energy, Dollarama, BRP Inc., Enerplus Corp., First Quantum Minerals, IA Financial Corp., Imperial Oil, Linamar Corp., Methanex Corp., Nutrien Ltd., Pason Systems, Parex Resources, Secure Energy Services, Stantec inc., Tricon Residential Inc.

“U.S. reliance on import critical minerals has reached a 30-year high, and investment in the industry is near its lowest point in decades. The US government has identified 50 minerals it deems critical to the U.S. economy and to national security; for 43 of those critical minerals, more than 50 per cent of domestic consumption depends on imports … For U.S. policymakers, the U.S.’s mineral dependence on imports highlights the growing vulnerability of the U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Interest rate hikes might be over but don't expect housing market to flare up: BMOTORONTO — One Bay Street economist says it's unlikely the housing market will flare up, despite the Bank of Canada's decision to keep its key interest rate on hold on Wednesday.
Source: SooToday - 🏆 8. / 85 Read more »