acquisition

Algonquin Power has a long history of using acquisitions to expand. It cuts the risk of this strategy by focusing on regulated utilities and operations with long-term supply contracts.


The company’s latest purchase is a Kentucky utility with 228,000 customers....
A: Crocs Inc., $48.73, symbol CROX on Nasdaq (Shares outstanding: 61.6 million; Market cap: $3.3 billion; www.crocs.com) makes casual footwear for men, women, and children. It is best known for its molded shoes featuring Croslite, a non-toxic foam material that aims to give its footwear a soft, comfortable feel....
Telus continues to focus mainly on its core telephone operations. That’s unlike other North American telecoms, which have long pushed into ancillary businesses like TV broadcasting.

The company has instead invested in businesses that fall under its main telecom umbrella....
FRESH VINE WINE INC., $3.02, symbol VINE on New York, produces low carb, low-calorie keto and vegan friendly premium wines that the company positions in the “better for you” segment. This aims to appeal to consumers’ emphasis on a healthy lifestyle.

The wines being offered by Fresh Vine are produced in Napa, California, and include Chardonnay, California Rosé, California Cabernet Sauvignon and Pinot Noir.

Fresh Vine’s wines are priced between $15 and $22 per bottle—price points that the company believes support a premium product strategy, yet appeal to mass markets and let it offer value across all consumer distribution channels.

Fresh Vine first sold shares to the public and began trading on the New York exchange at $10 each on December 14, 2021.

The company’s co-founders include Hollywood celebrities Nina Dobrev and Julianna Hough....
CANADIAN TIRE CORP., $161.80, Toronto symbol CTC.A, is a buy.

Investors tap the company’s 504 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations. Still, the company’s other operations also enrich its outlook....
WARNER MUSIC GROUP CORP., $29.76, is a buy. The company’s shares (symbol WMG on New York) began trading on June 3, 2020, following an IPO.

Warner Music is one of the world’s leading music entertainment companies. Its record labels include Atlantic Records, Warner Records, and Elektra Records....
Both Calian and WELL Health have had a major plus on their side during COVID-19 uncertainty. Specifically, the two get most of their revenue from governments. For Calian, revenue generated from federal departments and agencies currently represent about 69% of the total....
AltaGas took on a lot of risk with a huge U.S. acquisition in July 2018. But it stuck to its promise of selling non-core assets to pay down a lot of the debt it took on; the regulated cash flows it gained have paid off. We still believe in this leader’s strong prospects and its outlook....
Swiss pharmaceutical giant Novartis spun off Alcon in 2019. And as we’ve said many times before, spinoffs are the closest thing you can find to a sure thing, regardless of the market’s rise and fall.


The stock is already up over 77% from its March 2020 low, but we think it can go much higher....
TEGNA INC. $21 is now a hold. The company (New York symbol TGNA; Consumer sector; Shares outstanding: 222.9 million; Market cap: $4.7 billion; Dividend yield: 1.8%; Takeover Target Rating: Highest; www.tegna.com) owns 64 TV stations and two radio stations in 51 U.S....