19:01:51 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 869,323,319
Close 2016-06-27 C$ 60.17
Market Cap C$ 52,307,184,104
Recent Sedar Documents

Globe says Metro, others are profitable, less volatile

2016-06-28 09:04 ET - In the News

See In the News (C-MRU) Metro Inc

The Globe and Mail attempts to identify highly profitable and less volatile Canadian companies in its Tuesday, June 28, edition. The Globe's Craig McGee writes in the Number Cruncher column that the results from the Brexit vote shocked worldwide markets and investors found themselves looking to replace their riskier holdings with safer alternatives. Although the market reaction was likely overdone, according to Mr. McGee, profitable companies that have demonstrated stable earnings and lower price volatility may continue to be in high demand. Mr. McGee only considered companies with a market capitalization greater than $500-million. He looked for stocks with a low five-year beta, which indicates the stock is less volatile than the market in general. He also looked for high earnings stability and high return on equity. Finally, The Globe writer only considered dividend-paying companies. Mr. McGee's recommended stable stocks are Quebecor, Dollarama, MTY Food Group, BCE, Alimentation Couche-Tard and Metro.

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