After Gaining +30%, is Canadian Utilities Running Out of Gas?

Our investment in Canadian Utilities (“CU”), which delivers gas and electricity, in November 2023 was based on a straightforward premise: its attractive 5.7% dividend yield positioned it as a prime beneficiary of anticipated interest rate cuts. We believed falling rates would naturally enhance the appeal of high-yielding dividend stocks like CU for income investors seeking […]

Time to Search for a Google Replacement?

Google’s parent, Alphabet, is delivering strong results—yet shares are down almost 19% year-to-date. Last quarter, Alphabet reported: Despite these strong fundamentals, the stock trades at just 16x earnings, a meaningful discount both to the broader market and to Alphabet’s own historical average. So, why the disconnect? For years, digital giants like Google and Facebook have […]