Maple Leaf Foods’ Shareholders are Tasting an 80% Gain This Year

To my surprise, Maple Leaf Foods (“MFI”) has been our strongest performer this year, up nearly 80%. (Disclosure: Jeff Pollock and Sunni Schneider directly and indirectly hold a financial interest in MFI as shareholders.) On February 26, 2024, we started buying MFI for clients at $22.82. At the time, the stock was about as unpopular […]

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 […]