Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Scotiabank energy infrastructure and utilities analyst Robert Hope provided his top picks for income investors,
“We like the Alberta power producers going into the quarter given the strong pricing environment, and our estimates are well above consensus. On the midstream side, Keyera continues to be a name we like as its businesses continue to benefit from the energy environment and its KAPS project should enter service soon. TC Energy should have a good quarter, and we believe its shares could benefit from asset sale announcements in the coming months.
“The latest drop in housing starts is likely to revive chatter about the disconnect between the pace of new home construction and population growth in this country. A new trendy metric is to look at the number of starts divided by the growth in the working age population, compared with a long run average. Over the past 45 years or so, that ratio has typically been about 0.60 . In the past year, the ratio has plunged below 0.
“MS Research Analyst Hamza Fodderwala highlights that the safe haven trade seems back for now. He thinks that Q1 checks suggest largely healthy demand versus mostly conservative estimates. In his view, the environment is clearly much tougher than a year ago, but it hasn’t gotten incrementally worse since last quarter and is mostly stable, unlike other areas of software. He notes that Q1 is typically the seasonally slowest quarter of the year for security and enterprise software, in general.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Signs of stabilization in home prices, but rally unlikely: BMO chief economistDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »
Maple Leafs' Knies gets his first look at Toronto traffic, ice at Scotiabank Arena'It still hasn’t set in that I get to do this for a living and I get to be here and play for one of the best organizations in the NHL.' From koshtorontosun: Maple Leafs' Knies gets his first look at Toronto traffic, ice at Scotiabank Arena
Read more »
Scotiabank says federal strike is poised to hit Canada's growth - BNN BloombergA strike by Canadian federal civil servants is one of the largest in the country’s history, and it may last long enough to put a dent in economic growth for the second quarter.
Read more »
Scotiabank says federal strike is poised to hit Canada's growthA strike by Canadian federal civil servants is one of the largest in the country’s history, and it may last long enough to put a dent in economic growth for…
Read more »
Globe editorial: Why is Justin Trudeau sowing confusion about a foreign influence registry?A foreign influence registry would oblige anyone who wants to influence public officials on behalf of a foreign government or a foreign state-owned company to register
Read more »
Globe editorial: Why easing some of Canada’s bankruptcy rules could be good for the economyA dynamic economy needs unsuccessful businesses to fail so that new, innovative ones can grow
Read more »