acquisition

AMAZON.COM INC., $115.54, symbol AMZN on Nasdaq, is a buy. The company is one of the world’s largest online retailers. It’s also the third-largest digital ad provider in the U.S. Its Amazon Web Services (AWS) is also one of the world’s largest cloud infrastructure service providers.

Amazon has now agreed to add Grubhub to its suite of Prime services in the U.S.

For Grubhub’s parent, Netherlands-based Just Eat Takeaway.com, the deal is aimed at letting it expand its food-ordering reach by tapping Amazon’s membership program.

For Amazon, it gets an initial option to take a 2% stake in U.S.-based Grubhub, and U.S....

COPPERLEAF TECHNOLOGIES INC., $6.71, symbol CPLF on Toronto, develops artificial intelligence-powered optimization software that helps clients who manage critical infrastructure, such as electricity generation or natural gas distribution, make investment decisions. Its software manages more than $2.6 trillion in infrastructure assets worldwide.

Companies use Copperleaf’s software to analyze, plan and budget how to spend capital budgets over multi-year periods in order to minimize business risks.

Vancouver-based Copperleaf’s prominent customers include National Grid plc (symbol NGG on New York), Duke Energy Corp....

The benchmark crude oil price has jumped roughly 31% in the past year, from $75 U.S. a barrel to $98 U.S. That’s due to several factors, including COVID-19 lockdowns in China and sanctions on oil exports from Russia because of its war on Ukraine.


At the same time, these four leading oil and gas producers are pointing to increasingly stringent environmental regulations as a challenge to expanding their production....

A: Utz Brands Inc., $14.29, symbol UTZ on New York (Shares outstanding: 80.7 million; Market cap: $2.0 billion; www.utzsnacks.com), is a Pennsylvania-based maker of salty snacks. Its brands include its Utz Original potato chips, Snyder of Berlin, Zapp’s, Boulder Canyon, and TGI Fridays snacks.

Founded in 1921, Utz began trading on the New York exchange in June 2020.

Rather than list through an IPO, the company undertook a reverse merger with Collier Creek Holdings....

Prices of many tech stocks have gone way down this year, especially those that are losing money. Investors may have sold due to worries that money-losers will have trouble raising additional funds to keep growing in a time of uncertainty and rising interest rates.

Twilio has dropped as well, but it has strong recovery potential....

DUPONT DE NEMOURS INC., $55.58 symbol DD on New York, formerly known as DowDuPont, took its current form on June 1, 2019, when it set up Corteva (its agriculture business) as a separate company (symbol CTVA on New York and a recommendation of our Power Growth Investor newsletter)....

TD BANK, $84.77, (Toronto symbol TD; Shares o/s: 1.8 billion; Market cap: $152.9 billion; TSINetwork Rating: Above Average; Dividend yield: 4.2%; www.td.com) is a buy. The bank now expects to complete its $13.4 billion U.S. acquisition of Tennessee-based First Horizon Corporation (New York symbol FHN) in early 2023....

With a focus on renewable energy, these two power generators hold a lot of conceptual appeal for investors. Even more important to income-focused investors is their stable cash flows from a diverse mix of hydroelectric, wind and solar assets. That diversity, plus their long-term contracts, will let these utility firms continue to build out their operations and add to your sustainable dividends.


ALGONQUIN POWER & UTILITIES, $17.78, is a buy. The utility (Toronto symbol AQN; Shares o/s: 675.6 million; Market cap: $12.0 billion; TSINetwork Rating: Extra Risk; Yield: 4.9%; www.algonquinpower.com) has two main businesses: the Regulated Services Group provides regulated electricity, gas, water distribution and wastewater collection services in Canada, the U.S., Chile and Bermuda; and the Renewable Power Group produces electricity from about 40 clean-energy plants in North America.


Through their Algonquin shares, investors also tap the company’s 44.2% stake in Atlantica Yield plc (symbol AY on Nasdaq)....

A: nVent Electric plc, $32.01, symbol NVT on New York (Shares outstanding: 166.3 million; Market cap: $5.3 billion; Manufacturing sector; TSINetwork Rating: Average; No dividends paid; www.nvent.com), makes stainless steel, aluminum and non-metallic covers for electrical equipment....

ALAMOS GOLD INC., $9.18, is a buy. The gold miner (symbol AGI on Toronto) took its current form in July 2015. That’s when it merged with AuRico Gold, at that time a Stock Pickers Digest recommendation. The combined firm owns the Mulatos mine in Mexico, and the Young-Davidson and Island mines in northern Ontario.

The Mulatos mine has now transitioned to a new, nearby deposit called La Yaqui Grande.

Initial gold production has started at the La Yaqui Grande mine, following the completion of construction this month, ahead of schedule....