acquisition

KELLOGG COMPANY, $70.72, symbol K on New York, is a major maker of food products in North America and the rest of the world. Its well-known brands include Pringles, Special K, Pop-Tarts, Rice Krispies, Eggo, MorningStar Farms, and many more.

On June 21, 2022, Kellogg announced that it plans to separate into three independent public companies through a tax-free spinoff of its North American (U.S., Canadian, and Caribbean) cereal business, as well as the spinoff its plant-based foods business....

TELUS CORP., $28.89, Toronto symbol T, is a buy.

The company is Canada’s second-largest wireless carrier, with 11.48 million users. That’s just behind BCE’s Bell Mobility (with 11.79 million users) and ahead of Rogers Communications (10.06 million users)....

COVID-19 lockdowns in Asia have hurt earnings at these top insurance companies. However, they should benefit from rising interest rates as they invest premiums from customers in higher-yielding bonds. That puts them in a good position to reward investors with future dividend hikes.


MANULIFE FINANCIAL CORP....

These two REITs are shifting their focus to more-profitable properties. That bodes well for future distribution increases.


H&R REAL ESTATE INVESTMENT TRUST $12 is a top pick for 2022. The REIT (Toronto symbol HR.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 279.1 million; Market cap: $3.3 billion; Distribution yield: 4.6%; Dividend Sustainability Rating: Average; www.hr-reit.com) recently spun off most of its retail properties, including all of its enclosed shopping malls, to publicly traded Primaris Real Estate Investment Trust (symbol PMZ.UN on Toronto)....

Drugmaker AbbVie has held up well during the current stock market turmoil: it’s up 9% since the start of 2022 compared to the 22% drop for the S&P 500 Index.


AbbVie’s outlook remains bright, particularly as it continues to invest heavily in the development of new drugs....

New firms spun off from larger companies sometimes rise quickly, like Carrier and Otis. That’s probably because investors are familiar with their products and like their prospects. However, others such as Viatris and Kyndryl, are more obscure and need a few years to build a following....

The COVID-19 pandemic resulted in short-term disruptions to elective medical procedures over the past couple of years. To avoid potential COVID exposure, some patients put off procedures that were important but not urgent. Many hospitals cancelled elective procedures altogether....

RESMED INC., $197.57, is a buy. The firm, symbol RMD on New York, helps investors tap the growing market for medical devices used to treat sleep apnea. ResMed’s CPAP (nasal continuous positive airway pressure) medical devices are used to treat patients with chronic obstructive pulmonary disease as well as other respiratory conditions.

With each new machine ResMed sells, it also acquires a potential long-term customer for replacement parts....

WINC INC., $1.64, symbol WBEV on New York, is an online wine club and a producer of wines. Founded in 2011 as the Club W wine club, it added its own proprietary wine products in 2014, launched a wholesale program in 2015, and then re-branded as Winc in 2016.

The company went public on November 10, 2021, selling 1.69 million of its shares at $13.00....

MCDONALD’S CORP., $234.11, New York symbol MCD, is your #1 Conservative Buy for 2022.

The company is the world’s largest fast-food chain with over 40,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries....