3 Top Stocks I’d Buy With an Extra $15,000 | The Motley Fool Canada: "Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) is one of the largest telecommunications and media companies in Canada.
At today’s levels, its stock trades at just 15.4 times fiscal 2016’s estimated earnings per share of $1.77 and only 14.9 times fiscal 2017’s estimated earnings per share of $1.83, both of which are inexpensive compared with its five-year average price-to-earnings multiple of 15.9 and its industry average multiple of 25.4.
I think Shaw’s stock could consistently trade at a fair multiple of about 18, which would place its shares around $33 by the conclusion of fiscal 2017, representing upside of more than 21% from current levels.
Also, the company pays a monthly dividend of $0.09875, or $1.185 per share annually, giving its stock a 4.35% yield."
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