BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Guru Strategy: Americans should turn to Canada for outsized returns]]>http://www.bloggingstocks.com/2009/06/23/americans-should-turn-to-canada-for-outsized-returns/http://www.bloggingstocks.com/2009/06/23/americans-should-turn-to-canada-for-outsized-returns/http://www.bloggingstocks.com/2009/06/23/americans-should-turn-to-canada-for-outsized-returns/#commentsCanadian stocks are set to give American investors a twofer. As stocks go up, Gordon Pape, one of Canada's leading experts on mutual funds and the editor of The Canada Report, says that Americans get stock appreciation and a currency bonus - making investing in Canadian stocks more profitable than U.S. stocks.
And now, says Pape, is an especially good time to invest since stocks and the Canadian dollar have recently taken a breather.

We caught up with Gordon Pape to talk to him about earning market profits plus a currency bonus.

Continue reading Guru Strategy: Americans should turn to Canada for outsized returns

Guru Strategy: Americans should turn to Canada for outsized returns originally appeared on BloggingStocks on Tue, 23 Jun 2009 15:50:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Canadacanadian dollarCanadianDollarGordon PapeGordonPapelooniestocksThe Canada ReportTheCanadaReportTue, 23 Jun 2009 15:50:00 EST<![CDATA[Top Stock Picks '09: Fortis (FTS.TO)]]>http://www.bloggingstocks.com/2009/01/03/top-stock-picks-09-fortis-fts-to/http://www.bloggingstocks.com/2009/01/03/top-stock-picks-09-fortis-fts-to/http://www.bloggingstocks.com/2009/01/03/top-stock-picks-09-fortis-fts-to/#commentsFiled under: , , , ,

This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.

"If you're looking for a low-risk stock that's held up well in this dizzying market spiral, here it is: Fortis Inc. (TSE: FTS), my top pick for 2009," says Gordon Pape in The Canada Report.

"Fortis is trading at about the same level now in Canadian dollar terms as it was in early September. How many companies can say that?

"Don't confuse this with the troubled European financial giant of the same name. This Fortis is the largest investor-owned gas and electric distribution utility in Canada. Its regulated holdings include a natural gas utility in British Columbia and electric utilities in five Canadian provinces and three Caribbean countries.

"Third-quarter financial results were very strong and beat analysts' forecasts. Fortis reported net income of $49 million ($0.31 per share) compared to $31 million ($0.20 per share) in the same period of 2007 (figures in Canadian dollars). Year-to-date earnings were $169 million ($1.08 per share) compared to $114 million ($0.86 a share) for the first nine months of 2007.

Continue reading Top Stock Picks '09: Fortis (FTS.TO)

Top Stock Picks '09: Fortis (FTS.TO) originally appeared on BloggingStocks on Sat, 03 Jan 2009 13:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>canada stocksdividend investingelectric stocksfortisftsgas stocksgordon papeincome stocksIncomeStocksthe canada reporttoronto stocksyield investingSat, 03 Jan 2009 13:00:00 EST