acquisition
MAJOR DRILLING GROUP INTERNATIONAL INC., $11.64, is a buy for aggressive investors. The company (symbol MDI on Toronto) is a large contract driller mainly serving the mining industry.
The stock jumped over 10% this week after the company reported stronger results in the latest quarter.
Demand for Major’s specialized drilling services, especially from senior gold producers, is beginning to recover....
The stock jumped over 10% this week after the company reported stronger results in the latest quarter.
Demand for Major’s specialized drilling services, especially from senior gold producers, is beginning to recover....
3M COMPANY, $137.65, New York symbol MMM, remains a buy.
The company makes over 60,000 consumer and industrial goods, including air purifiers, adhesives, bandages and components for medical devices. Investors tap its main brands, including Post-it notes, Scotch tape, Scotch-Brite cleaning products, Scotchguard protection and Thinsulate insulation.
3M last raised its quarterly dividend with the March 2022 payment....
The company makes over 60,000 consumer and industrial goods, including air purifiers, adhesives, bandages and components for medical devices. Investors tap its main brands, including Post-it notes, Scotch tape, Scotch-Brite cleaning products, Scotchguard protection and Thinsulate insulation.
3M last raised its quarterly dividend with the March 2022 payment....
CGI INC. $105 is your #1 Aggressive Buy for 2022. Through shares in the company (Toronto symbol GIB.A; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 239.7 million; Market cap: $25.2 billion; Price-to-sales ratio: 2.1; No dividends paid; TSINetwork Rating: Extra Risk; www.cgi.com) investors tap Canada’s largest provider of computer-outsourcing services....
In February 2021, parent company Telus (page 61) set up its Telus International subsidiary as a separate, publicly listed company and sold shares. So far, the new stock has moved mostly sideways, partly due to the impact of the pandemic on business spending....
TORONTO-DOMINION BANK $95 is a buy. The lender (Toronto symbol TD; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.8 billion; Market cap: $171.0 billion; Price-to-sales ratio: 3.9; Dividend yield: 3.7%; TSINetwork Rating: Above Average; www.td.com) continues to benefit from rising loan demand and credit card use as the economy re-opens in the wake of COVID-19 shutdowns.
In its fiscal 2022 second quarter, ended April 30, 2022, revenue rose 7.9%, to $11.04 billion from $10.23 billion a year earlier.
TD is also setting aside more funds to cover future bad loans as the economy recovers....
In its fiscal 2022 second quarter, ended April 30, 2022, revenue rose 7.9%, to $11.04 billion from $10.23 billion a year earlier.
TD is also setting aside more funds to cover future bad loans as the economy recovers....
Alphabet, the owner of the Google Internet search engine and our long-time favourite among the top U.S. technology stocks, is down roughly 20% since the start of 2022.
That drop is partly due to a weaker-than-expected revenue outlook from Snap Inc. (New York symbol SNAP), the owner of the popular Snapchat online messaging service....
That drop is partly due to a weaker-than-expected revenue outlook from Snap Inc. (New York symbol SNAP), the owner of the popular Snapchat online messaging service....
HERCULES CAPITAL INC., $14.07, symbol HTGC on New York, is a business development company (BDC).
Hercules provides senior secured loans to high-growth venture capital-backed companies in innovative industries, including technology, life sciences, and sustainable and renewable technologies.
As well, through its wholly owned subsidiary, Hercules Adviser LLC, the company also maintains an asset management business through which it oversees investments for external parties.
Since its founding in 2003, the company reports that it has made more than $14 billion in loans to nearly 600 companies.
A highlight of the latest quarter was the IPO of Pineapple Energy LLC (symbol PEGY on Nasdaq)....
Hercules provides senior secured loans to high-growth venture capital-backed companies in innovative industries, including technology, life sciences, and sustainable and renewable technologies.
As well, through its wholly owned subsidiary, Hercules Adviser LLC, the company also maintains an asset management business through which it oversees investments for external parties.
Since its founding in 2003, the company reports that it has made more than $14 billion in loans to nearly 600 companies.
A highlight of the latest quarter was the IPO of Pineapple Energy LLC (symbol PEGY on Nasdaq)....
BANK OF MONTREAL, $136.95, Toronto symbol BMO, is a buy.
The bank is now raising your dividend by 4.5%. Starting with the August 2022 payment, investors will receive $1.39 a share instead of $1.33. The new annual rate of $5.56 yields 4.1%.
Bank of Montreal set aside $50 million to cover potential loan losses in its fiscal 2022 second quarter, ended April 30, 2022....
The bank is now raising your dividend by 4.5%. Starting with the August 2022 payment, investors will receive $1.39 a share instead of $1.33. The new annual rate of $5.56 yields 4.1%.
Bank of Montreal set aside $50 million to cover potential loan losses in its fiscal 2022 second quarter, ended April 30, 2022....
YAMANA GOLD INC., $7.16, is a hold. The miner (symbol YRI on Toronto) owns and operates five gold mines, in Canada, Brazil, Chile and Argentina. This includes the Cerro Moro gold/silver mine in Argentina. It started up in mid-2018.
Yamana received a $6.7 billion U.S....
Yamana received a $6.7 billion U.S....
3M COMPANY, $145.88, New York symbol MMM, is still a buy for long-term gains.
The company makes over 60,000 consumer and industrial goods, including air purifiers, adhesives, bandages and components for medical devices. Investors tap its main brands, including Post-it notes, Scotch tape, Scotch-Brite cleaning products, Scotchguard protection and Thinsulate insulation.
3M warned this week that China’s strict lockdowns to control the spread of COVID-19 have disrupted its manufacturing operations in that country....
The company makes over 60,000 consumer and industrial goods, including air purifiers, adhesives, bandages and components for medical devices. Investors tap its main brands, including Post-it notes, Scotch tape, Scotch-Brite cleaning products, Scotchguard protection and Thinsulate insulation.
3M warned this week that China’s strict lockdowns to control the spread of COVID-19 have disrupted its manufacturing operations in that country....