acquisition

A: Boston Omaha Corp., $29.14, symbol BOMN on Nasdaq (Shares outstanding: 28.6 billion; Market cap: $845.3 million; www.bostonomaha.com), operates advertising billboards in several U.S....

Dear Inner Circle member,

Alcon proved itself resilient during widespread COVID-19 lockdowns in 2020. The stock dropped along with the market in March 2020, but quick recovered. The shares then moved sideways for most of the year—but in 2021, the stock has risen steadily to new all-time highs.

At current prices, Alcon is not inexpensive in relation to this year’s earnings....

SUN LIFE FINANCIAL, $67.56, is a buy. This Canadian insurance giant (Toronto symbol SLF; Shares outstanding: 585.9 million; Market cap: $39.7 billion; TSINetwork Rating: Above Average; Dividend yield: 3.3%; www.sunlife.ca) sells life coverage, savings, retirement and pension products....

Oil and gas stocks have moved up as the U.S. and other economies recover. We continue to recommend that most investors maintain exposure to the oil and gas industry as part of a balanced portfolio. But to cut risk, you should stick with producers that have positive cash flow even at low energy prices....

Toromont’s shares continue to rebound as the economy re-opens. In fact, they hit a new all time-high of $113.75 in November 2021. We feel the stock—and your dividend—still have lots of room to move higher as governments increase spending on new infrastructure projects.


TOROMONT INDUSTRIES LTD....

Despite the severe drop in oil prices in 2020 due to COVID-19 shutdowns, Imperial Oil and Chevron maintained, rather than cut, their dividends. Now crude prices have recovered, and will likely remain elevated for the next few months as producers focus on improving their efficiency instead of expanding production....

AUTOMOTIVE PROPERTIES REIT $13.50 (Toronto symbol APR.UN; Units outstanding: 39.1 million; Market cap: $527.9 million; Dividend yield: 5.9%; www.automotivereit.ca) is a real estate investment trust that owns 66 commercial properties across cities in Ontario, Saskatchewan, Manitoba, Alberta, B.C....

QUAKER CHEMICAL CORP. $244 is still a buy. The company (New York symbol KWR; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 17.9 million; Market cap: $4.3 billion; Price-to-sales ratio: 2.6; Dividend yield: 0.7%; TSINetwork Rating: Average; www.quakerhoughton.com) completed its acquisition of rival specialty chemicals maker Houghton International in August 2019....

DUN & BRADSTREET HOLDINGS INC. $19 remains a buy for long-term gains. The company (New York symbol DNB; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 431.4 million; Market cap: $8.2 billion; Price-to-sales ratio: 3.8; No dividend paid; TSINetwork Rating: Extra Risk; www.dnb.com) is a global provider of information and data analytics.


In January 2021, it paid $805.8 million in cash and shares for Bisnode Business Information Group AB....

Dear Inner Circle Member,

In July 2011 we analyzed Pfizer’s prospects and felt it offered our readers a strong combination of long-term growth and income. We—and you—have not been disappointed. The stock touched a new all-time high of $51.86 in August 2021, which is an impressive 159.3% above the $20 that the stock was trading for when we first recommended it in our Wall Street Stock Forecaster newsletter....