ASTERA LABS INC. $73 is a hold. The company (Nasdaq symbol ALAB; Manufacturing sector; Shares outstanding: 155.5 million; Market cap: $11.4 billion; No dividend paid; Takeover Target Rating: Medium; www.asteralabs.com) designs computer chips that speed up the transfer of data between cloud-based networks and artificial intelligence (AI) software applications.
On… Read More
INDIGO BOOKS & MUSIC INC. $2.46 is a hold. The company (Toronto symbol IDG; Consumer sector; Shares outstanding: 27.8 million; Market cap: $68.4 million; No dividend paid; Takeover Target Rating: Lowest; www.chapters.indigo.ca) operates 172 bookstores, mainly under the Chapters and Indigo banners.
Indigo’s major shareholders, Gerald W. Schwartz and his… Read More
Medical device maker Enovis (formerly called Colfax) spun off its non-medical businesses in 2022 as a separate firm called ESAB.
So far, the former parent is down 19% while the new firm is up an impressive 113%. We feel Enovis will turn around given it benefits… Read More
VISTA OUTDOOR INC. $32 is a hold. The company (New York symbol VSTO; Consumer sector; Shares outstanding: 58.1 million; Market cap: $1.9 billion; No dividends paid; Takeover Target Rating: Medium; www.vistaoutdoor.com) is a leading maker of consumer products for the outdoor sports and recreation markets. Its brands include Federal… Read More
These two global leaders now plan to shrink their operations. That’s good news for investors, as stock markets tend to prefer—and reward—companies with easy-to-understand businesses rather than those with complex conglomerate structures. Even so, we prefer Unilever over Sony for your new buying.
UNILEVER PLC (ADR)… Read More
AMERICAN ELECTRIC POWER CO. INC. $81 is a hold. Formed in 1906, this Columbus, Ohio-based company (New York symbol AEP; Utilities sector; Shares outstanding: 526.6 million; Market cap: $42.7 billion; Dividend yield: 4.4%; Takeover Target Rating: Medium; www.aep.com) generates and distributes electricity to 5.6 million customers in 11 U.S…. Read More
These two stocks have moved up recently in response to activist pressure. However, we feel Disney is in a better position to keep moving higher for its investors.
WALT DISNEY CO. $113 is still a buy. The company (New York symbol DIS; Consumer sector; Shares outstanding: 1.8 billion;… Read More
On October 3, 2023, the old Kellogg Company split into two independent firms: WK Kellogg and Kellanova.
Investors received one WK Kellogg share for every four Kellogg shares they held. The former parent then changed its name to Kellanova. Both companies will continue to use the… Read More
ALAMOS GOLD INC. $21 is a buy. The gold miner (Toronto symbol AGI; Resources sector; Shares outstanding: 397.8 million; Market cap: $8.4 billion; Dividend yield: 0.7%; Takeover Target Rating: Medium; www.alamosgold.com) is now buying Argonaut Gold Inc. (Toronto symbol AR) and its troubled Magino mine in northern Ontario in… Read More
On November 9, 2016, foodmaker Conagra Brands spun off its potato-processing operations as Lamb Weston. Investors received one share of the new firm for every three Conagra shares they held.
Just in April, Lamb Weston’s shares dropped 20% after the company reported disappointing quarterly results. That… Read More
A: Allied Gold Corp., $3.79, symbol AAUC on Toronto (Shares outstanding: 250.7 million; Market cap: $985.4 million; www.alliedgold.com), is a Canadian-based gold producer with three operating mines, a significant gold development project and exploration properties throughout Africa.
The company’s principal properties are the Sadiola gold mine… Read More
A: Bridgemarq Real Estate Services Inc., $13.62, symbol BRE on Toronto (Shares outstanding: 9.5 million; Market cap: $128.2 million; www.bridgemarq.com), is a leading provider of services to residential real estate brokers and a network of 20,529 real estate agents.
The company operates in Canada under the… Read More
A: Emerson Electric Co., $110.83, symbol EMR on New York, (Shares outstanding: 571.7 million; Market cap: $63.9 billion; www.emerson.com), is an industrial company with two main operating segments: Intelligent Devices (76% of revenue) and Software & Control (24%).
The Intelligent Devices division has four segments:
When I hear from investors, they often ask what we do to produce the investment advice they get from our publications, and the portfolio management they get from Successful Investment Wealth Management Inc., our portfolio management affiliate. The short answer is that my research associates… Read More
QUARTERHILL INC., $1.82, symbol QTRH on Toronto, is a provider of ITS (Intelligent Transportation Systems) solutions for operators of toll roads. Its tolling products manage over 1,500 toll lanes worldwide, generating over $3 billion in annual revenue for operators of these tolls.
NORTH WEST COMPANY, $39.01, is a buy. The retailer (symbol NWC on Toronto) sells food, and everyday products and services through 227 stores. Those locations are mainly in northern communities across Canada and Alaska. Through your shares, you also tap the company’s operations in remote regions… Read More
PROCTER & GAMBLE CO., $155.33, New York symbol PG, is a buy.
The company is one of the world’s largest makers of household and personal-care goods. Major brands include Tide (laundry detergent), Pampers (diapers), Gillette (razors), Crest (toothpaste) and Vicks (cold remedies).
WALMART INC., $60.14, New York symbol WMT, is a buy.
The company is the world’s biggest retailer, with over 10,500 outlets in 19 countries.
Walmart is also an investor in Ibotta Inc., a private firm that operates mobile and online apps that provide shoppers with special offers and… Read More
TC ENERGY INC., $49.73, Toronto symbol TRP, remains a buy.
TC generates steady cash flow for investors mainly through a 93,600-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. Its other operations include 4,900 kilometres of crude oil pipelines and nine… Read More
You Can See Our Aggressive Growth Portfolio For May 2024 Here.
If you’re like most investors, you should invest the major portion of your money in stocks from our Conservative Growth Portfolio. But you may want to add some stocks from our Aggressive Growth Portfolio, which… Read More
