23:16:57 EDT Sat 06 Jun 2020
Enter Symbol
or Name

Login ID:
Magna International Inc
Symbol MG
Shares Issued 309,580,909
Close 2019-10-03 C$ 66.56
Recent Sedar Documents

Globe says outlook appears bright for CN, others

2019-10-03 07:35 ET - In the News

See In the News (C-CNR) Canadian National Railway Company

The Globe and Mail reports in its Thursday, Oct. 3, edition that with interest rates near historic lows and many market followers anticipating rates to decrease or hold firm, fixed income investors, including those holding guaranteed investment certificates, are struggling to generate positive real returns after taxes and inflation. The Globe's guest columnist Sean Pugliese writes in the Number Cruncher column that as a result, together with colleague Allan Meyer, they decided to analyze Canadian dividend growers using their investment philosophy, which is one that is focused on safety and value. Mr. Pugliese says the stocks his research uncovered could provide long-term investors, who are willing to accept some market volatility, with increasing income and capital appreciation over time. Mr. Pugliese and Mr. Meyer only considered companies with a market capitalization of $1-billion or more. Mr. Pugliese and Mr. Meyer view market capitalization as a safety factor as larger companies tend to offer investors more stability and liquidity. Stocks with winning metrics are Canadian National Railway, Magna International, Lassonde Industries, Cogeco and Open Text.

© 2020 Canjex Publishing Ltd. All rights reserved.