23:56:07 EDT Thu 18 Apr 2024
Enter Symbol
or Name
USA
CA



Royal Bank of Canada
Symbol RY
Shares Issued 1,442,217,272
Close 2014-10-22 C$ 79.46
Market Cap C$ 114,598,584,433
Recent Sedar Documents

Globe says pullback creates bargains at Metro, others

2014-10-23 07:16 ET - In the News

See In the News (C-MRU) Metro Inc

The Globe and Mail attempts to identify cheap stocks with long-term potential following the market pullback in its Thursday edition. The Globe's John Heinzl writes in the Number Cruncher column that he employed the services of Validea Canada's "Patient Investor" screen, which emulates Warren Buffett's investing style. The screen is based on Mary Buffett's Buffettology. The screen "is the only one of our strategies that is not taken directly from the writings of the guru himself," Validea says. Mr. Heinzl says the screen has produced impressive results. The Patient Investor model portfolio has posted a return of 89 per cent from inception on Aug. 6, 2010, through Oct. 21, 2014. That is the highest return of any of its model portfolios and is more than triple the return of the S&P/TSX composite index over the same period. Returns are based on price changes alone and do not include dividends. The 10 stocks that would be included in the portfolio if a rebalancing happened on Oct. 22 are Metro, Equitable Group, MTY Food Group, Alimentation Couche-Tard, Royal Bank of Canada, Computer Modelling Group, Stella-Jones, Badger Daylighting, National Bank of Canada and Ritchie Bros. Auctioneers.

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