Markets ended 2020 on a high note, and have started 2021 on a bullish trajectory. All three major indexes have recently surged to all-time highs as investors seemingly looked beyond the pandemic and hoped for signs of a rapid recovery. Veteran strategist Edward Yardeni sees the economic recovery bringing its own slowdown with it. As the COVID vaccination program allows for further economic opening, with more people getting back to work, Yardeni predicts a wave of pent-up demand, increasing wages, and rising prices – in short, a recipe for inflation. “In the second half of the year we may be on the lookout for some consumer price inflation which would not be good for overvalued assets,” Yardeni noted.The warning sign to look for is higher yields in the Treasury bond market. If the Fed eases up on the low-rate policy, Yardeni sees Treasuries reflecting the change first.A situation like this is tailor-made for defensive stock plays – and that will naturally bring investors to look at high-yield dividend stocks. Opening up the TipRanks database, we’ve found three stocks featuring a hat trick of positive signs: A Strong Buy rating, dividend yields starting at 9% or better – and a recent analyst review pointing toward double-digit upside.CTO Realty Growth (CTO)We’ll start with CTO Realty Growth, a Florida-based real estate company that, last year, made an exciting decision for dividend investors: the company announced that it would change its tax status to that of a real estate investment trust (REIT) for the tax year ending December 31, 2020. REITs have long been known for their high dividend yields, a product of tax code requirements that these companies return a high percentage of their profits directly to shareholders. Dividends are usual route of that return.For background, CTO holds a varied portfolio of real estate investments. The holdings include 27 income properties in 11 states, totaling more than 2.4 million square feet, along with 18 leasable billboards in Florida. The income properties are mainly shopping centers and retail outlets. During the third quarter, the most recent reported, CTO sold off some 3,300 acres of undeveloped land for $46 million, acquired two income properties for $47.9 million, and collected ~93% of contractual base rents due. The company also authorized a one-time special distribution, in connection with its shift to REIT status; its purpose was to put the company in compliance with income return regulation during tax year 2020. The one-time distribution was made in cash and stock, and totaled $11.83 per share.The regular dividend paid in Q3 was 40 cents per common share. That was increased in Q4 to $1, a jump of 150%; again, this was done to put the company in compliance with REIT-status requirements. At the current dividend rate, the yield is 9.5%, far higher than the average among financial sector peer companies.Analyst Craig Kucera, of B. Riley, believes that CTO has plenty of options going forward to expand its portfolio through acquisition: “CTO hit the high end of anticipated disposition guidance at $33M in 4Q20, bringing YTD dispositions to nearly $85M, with the largest disposition affiliated with the exercise of a tenant’s option to purchase a building from CTO in Aspen, CO. Post these dispositions, we estimate >$30M in cash and restricted cash for additional acquisitions, and we expect CTO to be active again in 1H21.”To this end, Kucera rates CTO a Buy along with a $67 price target. At current levels, his target implies a 60% one-year upside potential. (To watch Kucera’s track record, click here)Overall, CTO has 3 reviews on record from Wall Street’s analysts, and they all agree that this stock is a Buy, making the analyst consensus of Strong Buy unanimous. The shares are priced at $41.85, and their average price target of $59.33 suggests room for ~42% growth in the year ahead. (See CTO stock analysis on TipRanks)Holly Energy Partners (HEP)The energy sector, with its high cash flows, is also known for its high-paying dividend stocks. Holly Energy Partners is a midstream transportation player in sector, providing pipeline, terminal, and storage services for producers of crude oil and petroleum distillate products. Holly bases most of its operations in the Colorado-Utah and New Mexico-Texas-Oklahoma regions. In 2019, the last full year for which numbers are available, the company saw $533 million in total revenues.The company’s revenues in 2020 slipped in the first and second quarters, but rebounded in Q3, coming in at $127.7 million. Holly reported at distributable cash flow – from which dividends are paid – of $76.9 million, up more than $8 million year-over-year. This supported a 35-cent dividend payment per regular share, or $1.40 annualized. At that rate, the dividend yields a strong 10%.Noting the dividend, Well Fargo analyst Michael Blum wrote, “Our model suggests the distribution is sustainable at this level as [lost revenue] is offset by inflation escalators in HEP’s pipeline contracts and contributions from the Cushing Connect JV project. About 80% of HEP’s distribution is tax-deferred.”Blum gives HEP a $20 price target and an Overweight (i.e. Buy) rating. His target implies a 38% upside for the next 12 months. (To watch Blum’s track record, click here)”Our rating primarily reflects the partnership’s steady, fee-based cash flows, robust yield and conservative balance sheet,” Blum added.For the most part, Wall Street agrees with Blum’s assessment on HEP, as shown by the Strong Buy analyst consensus rating. That rating is supported by 6 reviews, split 5 to 1 Buys versus Hold. The average price target, at $18.67, suggests that the stock has room to grow ~29% this year. (See HEP stock analysis on TipRanks)DHT Holdings (DHT)Midstreaming is only one part of the global oil industry’s transport network. Tankers are another, moving crude oil, petroleum products, and liquified natural gas around the world, in bulk. Bermuda-based DHT operates a fleet of 27 crude oil tankers, all rated VLCC (very large crude carrier). These vessels are 100% owned by the company, and range in tonnage from 298K to 320K. VLCCs are the workhorses of the global oil tanker network.After four quarters of sequential revenue gains, even through the ‘corona half’ of 1H20, DHT posted a sequential drop in revenues from 2Q20 to 3Q20. The top line that quarter fell from $245 million to $142 million. It’s important to note, however, that the 3Q revenue result was still up 36.5% year-over-year. EPS, at 32 cents, was a dramatic yoy turnaround from the 6-cent loss posted in 3Q19.DHT has a history of adjusting its dividend, when needed, to keep it in line with earnings. The company did that in Q3, and the 20-cent per regular share payment was the first dividend cut in 5 quarters. The general policy is a positive for dividend investors, however, as the company has not missed a dividend payment in 43 consecutive quarters – an admirable record. At 80 cents per share annualized, the dividend yields an impressive 14%.Kepler analyst Petter Haugen covers DHT, and he sees potential for increased returns in the company’s contract schedule. Haugen noted, “With 8 out of 16 vessels ending their TC contracts by end Q1 2021, we believe DHT is well positioned for when we expect freight rates to appreciate in H2 2021E.”Getting into more details, Haugen adds, “[The] main underlying drivers are still intact: fleet growth will be low (1% on average over 2020- 23E) and the US will still end up being a net seaborne exporter of crude oil, making further export growth from the US drive tanker demand. We expect spot rates to improve again during 2021E, shortly after oil demand has normalised. We expect average VLCC rates of USD41,000/day in 2022E and USD55,000/day in 2023E.”In line with his comments, Haugen rates DHT a Buy. His $7.40 target price suggests that this stock can grow 34% in the months ahead. (To watch Haugen’s track record, click here)The rest of the Street is getting onboard. 3 Buys and 1 Hold assigned in the last three months add up to a Strong Buy analyst consensus. In addition, the $6.13 average price target puts the potential upside at ~11%. (See DHT stock analysis on TipRanks)To find good ideas for dividend stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.
This Could Be The Hottest ESG Investment In 2021 – Baystreet.ca
Trillions of dollars poured into ESG funds last year, but many analysts are expecting this year to pick up right where 2020 left off.
And according to Morgan Stanley Capital International’s head of research, we’re likely to see investors shifting more and more capital into ESG this year…
Because despite worldwide lockdowns, climate change continues to be a major concern that everyone from Big Tech to Big Oil are now taking seriously.
That’s why smart money is piling in, to the tune of trillions of dollars.
BlackRock, the largest asset manager in the world, plans to have $1.2 trillion in ESG assets within the next 10 years.
And it’s estimated that 1/3 of all assets under management in the U.S. are already sustainably invested…
That’s $17.1 trillion invested in the companies taking steps to put people and planet first.
But that doesn’t mean they’re sacrificing profits in the process.
The ESG boom has produced some of the biggest gains in the market during an incredibly difficult year.
Enphase Energy jumped 472% in 2020…
Digital Turbine soared 682%…
And Tesla became one of the biggest companies on the market with incredible 622% gains.
But one Canadian company saw this mega-trend coming years ago. And they used 2020 as the launchpad they needed to grow many times bigger.
Even when lockdowns slowed down the ridesharing industry, they grew their business by acquiring companies in the food delivery space…
Adding thousands of restaurant partners and tens of thousands of new customers….
And they did all of this during the last year.
That’s why Facedrive’s shares have surged upwards a massive 591% in the last year.
Now, many analystsare convinced 2021 could be a banner year for the ESG mega-trend sweeping across the globe.
2020 Set the Stage for a Climate Change Revolution
While the pandemic has devastated economies around the world, there’s been one silver lining.
With the COVID restrictions put in place by governments worldwide, carbon emissions plunged during a record drop in 2020.
But with those numbers likely to rebound in 2021 after restrictions ease, researchers are urging governments to make clean energy a top priority.
That’s a major part of why electric vehicles have been gaining steam all across the industry over the last year.
Nearly all the major automakers are rolling out their own EV models.
But the poster child for electric vehicles has been Tesla, the $793 billion juggernaut that continues to prove its doubters wrong throughout 2020.
The ESG boom has helped Tesla become the biggest company in the U.S. behind Big Tech.
And made them over 5 times larger than GM, Ford, and Fiat Chrysler combined.
And Facedrive is jumped into another aspect of EV, bringing electric vehicles to the notoriously pollution-heavy ridesharing industry.
Once the riders get to their destination, the in-app algorithm kicks in, calculating how much CO2 was created during the journey.
Then it sets aside a portion of the fare to plant trees, offsetting the carbon footprint from the ride.
In other words, you ride, they plant a tree.
Through next-gen technology and partnerships, they’re giving their customers the option to make a more eco-friendly choice if they choose.
And recently, they acquired the electric vehicle service company, Steer, from the largest clean energy producer in the United States.
Steer’s subscription model for EV cars is aimed at flipping the traditional car ownership model on its head.
And that fits right in line with Facedrive, which is already proving to be a fierce competitor to Uber in certain ridesharing markets.
But the race to address the issue of climate change is just one factor in the ESG boom.
Getting Creative for Social Change
The social component of sustainable investing (the “S” in ESG) also took a front-seat in 2020 for a number of reasons.
During a year with nationwide protests and a major health crisis, companies started putting a major focus on what they can do to support the health and wellbeing of their customers and others.
For many, that’s meant getting creative to help support those industries being slammed with strained supply chains.
It was a shift we have seen from major companies since World War II.
1) Ford produced respirators and medical equipment on their assembly lines.
2) Nordstrom’s and their alteration teams made it their mission to sew nearly 1 million masks.
3) And liquor producers like Bacardi even shifted to producing hand sanitizer at their distilleries after shelves went empty last year.
Facedrive branched out and got creative to do their part during the pandemic too.
They partnered up with the University of Waterloo and MT>Ventures to create TraceSCAN, a wearable technology used to help slow or stop the spread of the virus.
Through Bluetooth technology, it offers much-needed contact tracing technology for those without cell phones.
That includes a wide range of people: children, senior citizens, low-income individuals, and employees not able to use phones on the job.
While we’ve seen trillions of dollars pouring into the ESG boom already, this major shift may just be getting started. Experts expect this will only get bigger in the coming years.
But with so many companies getting on board, many investors are becoming overwhelmed trying to find the best opportunities.
The Biggest Names in ESG Set for a Shakeup?
When you take a deep dive into the top ESG funds on the market, you may be shocked to see whose names you find on the list.
In these eco-friendly and socially responsible funds, the biggest holdings often aren’t the ones promoting solar energy or building electric cars.
Instead, they’re riddled with Big Tech stocks like Facebook, Google, and Microsoft.
And while they’re doing their part through one-off initiatives or putting out corporate statements about climate change…
Many of these companies aren’t exactly known for their green programs or “socially responsible” moves.
Plus, when predicting the biggest winners for 2021, it’s hard to place bets on Big Tech companies that may spend the next several years dealing with antitrust suits.
That’s why many are looking at the pure ESG plays, the ones who put environmental and social issues at the core of their business models.
That includes companies like Facedrive, who’s become known for their “people and planet first” philosophy.
After growing their business by tens of thousands of customers last year throughout Canada, they’ve taken strategic steps to move into the U.S. markets and beyond.
They’ve done this through partnerships with A-list celebs like Will Smith and Jada Pinkett Smith… superstar athletes like Super Bowl-winning quarterback Russell Wilson… and trillion-dollar companies like Amazon.
Now, with Big Tech companies riddled with uncertainty, that leaves plenty of room for up-and-comers like Facedrive to take their place in the ESG boom set to surge throughout 2021.
Here are just a few other companies hopping on the ESG trend:
BlackRock needs no introduction. It is the world’s largest global investment management corporation, with over $7.4 trillion in assets under management. With clients in over 100 different countries, it is the de facto leader in its field.
In 2017, BlackRock underwent a major shift in its investment strategy, prioritizing stocks with high ESG ratings. BlackRock’s focus on technology and sustainability has fueled the new trend in the marketplace, pushing even more investors to consciously consider where they put their money.
Shopify Inc (TSX:SHOP)
Shopify is a Canadian e-commerce company. More than 1,000,000 businesses rely on Shopify’s real-time e-commerce, including Tesla, Budweiser and Red Bull, among many others. Shopify makes purchasing goods and services easy for anyone – and in a time where convenience is king, Shopify surely has staying power.
In addition to its revolutionary approach on e-commerce, Shopify is also delving into blockchain technology, making it a promising pick for investors in sustainability.
Shaw Communications Inc (TSX:SJR.B)
Shaw owns a ton of infrastructure throughout Canada and its cloud services and open-source projects look to address some of the biggest issues that its customers might face before the customers even face them. Shaw’s dominance in Canada’s telecom sector means that if any internet-based services want to operate, they’ll likely be utilizing the company’s infrastructure. After all, without telecoms, these TaaS companies would not be able to operate.
BCE Inc. (TSX:BCE)
Like Shaw, BCE is a Canadian telecom giant. Founded in 1980, the company, formerly The Bell Telephone Company of Canada, is composed of three primary subsidiaries. Bell Wireless, Bell Wireline and Bell Media. However throughout its push into the position of one of Canada’s top telco groups, it has bought and sold a number of different firms.
BCE is also at the forefront of the Internet of Things movement in Canada. Its Machine to Machine solutions are being used by numerous businesses, including TaaS providers throughout North America and its new LTE-M network is sure to rapidly increase the adoption of these solutions.
Polaris Infrastructure (TSX:PIF)
Polaris is a Toronto-based renewable energy giant with a global footprint. The company’s biggest projects are in Latin America. It’s Nicaragua geothermal project, for example, is already producing over 77 MW of renewable electricity. And in Peru, its El Carmen and 8 de Augusto power plants, is set to produce a combined 17MW of electricity in the near future.
Westport Fuel Systems (TSX:WPRT)
Westport is a renewable energy provider for the transportation industry. it provides systems for less impactful fuels, such as natural gas. In North America alone, there are over 225,000 natural gas vehicles. But that shies in comparison to the global 22.5 million natural gas vehicles globally, which means the company still has a ton of room to grow!
While renewable providers clearly take the lead, Canada’s tech and telecom giants won’t be left out!
By. Pauline Yule
**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**
This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that the demand for ride sharing services will grow; that Steer can help change car ownership in favor of subscription services; that Tracescan could help the travel and tourism industry deal with COVID and will sign new agreements for use of its alert wearables; that new tech deals will be signed by Facedrive and deals signed already will increase company revenues; that Facedrive will be able to expand to the US and globally; that Facedrive’s merchandise business and sports prediction app will prove popular and successful; that Facedrive will be able to fund its capital requirements in the near term and long term; and that Facedrive will be able to carry out its business plans. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that riders are not as attracted to EV rides as expected; that competitors may offer better or cheaper alternatives to the Facedrive businesses; TraceScan may not work as expected in commercial settings and customers may not acquire or use it; changing governmental laws and policies; the company’s ability to obtain and retain necessary licensing in each geographical area in which it operates; the success of the company’s expansion activities and whether markets justify additional expansion; the ability of the company to attract drivers who have electric vehicles and hybrid cars; the ability of Facedrive to attract providers of good and services for merchandise partnerships on terms acceptable to both parties, and on profitable terms for Facedrive; and that the products co-branded by Facedrive may not be as merchantable as expected. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.
This communication is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) owns a considerable number of shares of FaceDrive (TSX:FD.V) for investment, however the views reflected herein do not represent Facedrive nor has Facedrive authored or sponsored this article. This share position in FD.V is a major conflict with our ability to be unbiased, more specifically:
This communication is for entertainment purposes only. Never invest purely based on our communication. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the featured company. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The information in our communications and on our website has not been independently verified and is not guaranteed to be correct.
SHARE OWNERSHIP. The owner of Oilprice.com owns a substantial number of shares of this featured company and therefore has a substantial incentive to see the featured company’s stock perform well. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of this issuer in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.
NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.
RISK OF INVESTING. Investing is inherently risky. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any stock acquisition will or is likely to achieve profits.
Empire Life unveils new investment options – Wealth Professional
“We are excited to offer investors two new Multi-Strategy GIFs, focused on growth, to help them achieve their financial goals,” said Ian Hardacre, senior vice president and chief investment officer at Empire Life. “Through passive and active strategies, the Empire Life Multi-Strategy GIFs provide exposure across investment styles, geographies, and industry sectors to increase diversification.”
Hardacre said the new seg funds provide a complement to Empire Life’s existing GIFs, which offer a value-oriented investment approach.
Meanwhile, the Empire Life Global Sustainable Equity GIF invests in global stocks with superior environmental, social, and governance (ESG) characteristics. The fund will be managed by Ashley Misquitta, CFA and senior portfolio manager, U.S. Equities; and David Mann, CFA and portfolio manager, Global Equities.
“This new fund gives investors more choice and opportunity to diversify their holdings and align their investment goals with their personal preferences and social objectives,” Hardacre said.
Exclusive: India plans foreign investment rule changes that could hit Amazon – Cape Breton Post
By Aditya Kalra and Krishna N. Das
NEW DELHI (Reuters) – India is considering revising its foreign investment rules for e-commerce, three sources and a government spokesman told Reuters, a move that could compel players, including Amazon.com Inc, to restructure their ties with some major sellers.
The government discussions coincide with a growing number of complaints from India’s brick-and-mortar retailers, which have for years accused Amazon and Walmart Inc-controlled Flipkart of creating complex structures to bypass federal rules, allegations the U.S. companies deny.
India only allows foreign e-commerce players to operate as a marketplace to connect buyers and sellers. It prohibits them from holding inventories of goods and directly selling them on their platforms.
Amazon and Walmart’s Flipkart were last hit in Dec. 2018 by investment rule changes that barred foreign e-commerce players from offering products from sellers in which they have an equity stake.
Now, the government is considering adjusting some provisions to prevent those arrangements, even if the e-commerce firm holds an indirect stake in a seller through its parent, three sources said. The sources asked not to be named because the discussions are private.
The changes could hurt Amazon as it holds indirect equity stakes in two of its biggest online sellers in India.
Amazon, Walmart and Flipkart did not immediately respond to a request for comment.
Yogesh Baweja, the spokesman for the Ministry of Commerce & Industry, which is working on the issue, confirmed to Reuters any changes will be announced through a so-called “press note,” which contains foreign direct investment rules. He did not give any details.
“It’s a work in progress,” Baweja said, adding an internal meeting on the subject last took place about a month ago.
“Of course Amazon’s a big player so whatever advice, whatever suggestions, whatever recommendations they make, they are also given due consideration.”
The 2018 rules forced Amazon and Flipkart to rework their business structures and soured relations between India and the United States, as Washington said the policy change favoured local e-tailers over U.S. ones.
India’s e-commerce retail market is seen growing to $200 billion a year by 2026, from $30 billion in 2019, the country’s investment promotion agency Invest India estimates.
Domestic traders have been unhappy about the growth. They see foreign e-commerce businesses as a threat to their livelihoods and accuse them of unfair business practices that use steep discounts to target rapid growth. The companies deny they are acting unfairly.
“The way the government is thinking is that marketplaces are not doing what they are supposed to do. The government wants to tinker with the nuts and bolts of the policy,” said one of the sources who is familiar with the talks on the policy changes.
LIMITING WHOLESALE TIES
India’s trade minister Piyush Goyal has been critical of e-commerce companies in private meetings and told them to follow all laws in letter and spirit, Reuters has previously reported.
In the face of growing trader complaints and an antitrust investigation, Goyal last year said Amazon was not doing “a great favour to India” by making fresh investments.
Among other changes, the government is considering changes that would effectively prohibit online sales by a seller who purchases goods from the e-commerce entity or its group firm, and then sells them on the entity’s websites, two of the sources said.
Under existing rules, a seller is free to buy up to 25% of its inventory from the e-commerce entity’s wholesale or another unit and then sell them on the e-commerce website.
A boom in e-commerce in India accelerated last year when the COVID-19 pandemic drove more shoppers online. Flipkart, in which Walmart invested $16 billion in 2018, and Amazon are among the top two players.
“Ecommerce has already made its mark for itself in the country, particularly during COVID-19,” Commerce Ministry’s Baweja said. “They are bound to grow and a conducive environment should be there, which is good for the brick-and-mortar as well as e-commerce.”
(Reporting by Aditya Kalra and Krishna Das in New Delhi; Additional reporting by Aftab Ahmed; Editing by Euan Rocha and Barbara Lewis)
What we learned from the Leafs pummeling the Jets – Pension Plan Puppets
Play the world's best golf courses indoors at Hotel Arts Calgary | Curated – Daily Hive
Manitoba mulls easing retail and gathering restrictions for all but northern region – CBC.ca
Silver investment demand jumped 12% in 2019
Iran anticipates renewed protests amid social media shutdown
Galaxy M31 July 2020 security update brings Glance, a content-driven lockscreen wallpaper service
Sports24 hours ago
Maple Leafs avoid disaster scenario with Jason Spezza clearing waivers – Yahoo Canada Sports
Business4 hours ago
3 Qualities to Look for When Hiring New Employees
Sports22 hours ago
Maple Leafs avoid disaster scenario with Jason Spezza clearing waivers – Yahoo Sports
News3 hours ago
Get your hand on spray foam rigs for sale in Canada
Health21 hours ago
Survey offers glimpse of what could reopen in Manitoba – Winnipeg Free Press
Sports3 hours ago
Jets’ Laine to sit second straight game Tuesday vs. Senators – Sportsnet.ca
News2 hours ago
Ford frustrated over vaccine delays as Ontario records 1,913 new COVID-19 cases – CBC.ca
Health12 hours ago
COVID death toll rises in the north – Prince George Citizen