Earnings fell dramatically at McCormick & Co.

Earnings fell dramatically at McCormick & Co.

The firm’s dependence on sales from restaurants and foodservice customers is a good reason why its year-to-date return remains negative and sales remain shaky.

The stock still trades at 29.2 times the company’s 2022 earnings forecast.

MCCORMICK & CO. INC. (New York symbol MKC) makes spices, seasonings… Read More

Earnings just rose 10.6% at Adobe Inc.

Earnings just rose 10.6% at Adobe Inc.

This leading software firm benefited from the significant number of people working from home during the pandemic. Going forward. we expect the remote-work trend to continue past the COVID-19 crisis and to spur rising demand for the firm’s digital conferencing software and other apps.

Meanwhile, other… Read More

Enjoy a 4.2% yield from 3M Company

Enjoy a 4.2% yield from 3M Company

Currency rates and corporate transactions led to a modest 1.7% sales bump for the firm during the most-recent quarter.

A restructuring plan should cut costs while the firm accounts for difficulties involving the high U.S. dollar, Chinese lockdowns and a Belgian legal settlement.

The stock trades at… Read More

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The Big Five: The best bank stocks for dividends

The Big Five: The best bank stocks for dividends

We’ve long recommended that most Canadian investors own two or more of the Big Five Canadian bank stocks—Bank of Nova Scotia, Bank of Montreal, CIBC, TD Bank and Royal Bank. Simply put, they are some of the best stocks for dividends
Banks remain key lower-risk investments… Read More

Investing in rare earth metals for maximum gains

Investing in rare earth metals for maximum gains

When investing in rare earth metals, you need to look beyond just geological considerations to the unique geographical and political environment the mining company works in.
For most investors, profiting from rare earth metals involves buying shares of companies that explore for, mine and refine rare-earth… Read More

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