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Today, Ryan Bushell commented about whether BIP, CNQ.TO, RCI.B.TO, MFC.TO, WCP.TO, SPB.TO, ARX.TO, QSR.TO, TRP.TO, ENB.TO, KEY.TO, BCE.TO, PZA.TO, FRU.TO, CEU.TO, CPX.TO, AQN.TO, SJ.TO, ALA.TO, ARE.TO, PPL.TO, BEPC, SIS.TO, T.TO are stocks to buy or sell.
Believes it is an exciting time for dividend investors. Increase in power demand resulting from re-shoring, A.I. and data centers will increase demand for infrastructure/power companies (dividend payers). Canadian markets are not overvalued compared to US markets since major US tech has been attracting too much capital. As currencies devalue - will increase value in commodities. Copper & Lithium demand expected to grow with EV demand rising. Expecting strength in the TSX as a result of all of these forces.
Entire Canadian media space is attractive. Not getting as much attention as large US tech stocks. Fibre optic build starting to finish - will increase cash flow. Concerns over managemnet transition, but overall a strong business. Population of Canada growing - very good for the business. ~7% dividend yield sustainable for long term investors.