acquisition

The coronavirus pandemic forced the cancellation of most vacation plans. Now, however, with COVID-19 vaccination numbers rising, the outlook for both these stocks is bright again. We see both as buys.


WYNDHAM HOTELS & RESORTS, $86.30, is suitable for your new buying. The company (New York symbol WH; TSINetwork Rating: Extra Risk) (www.wyndhamhotels.com; Shares outstanding: 93.2 million; Market cap: $8.0 billion; Dividend yield: 1.1%) is the world’s largest hotel franchiser, with 802,600 rooms spread across 9,000 hotels in 95 countries....

Long-time readers know that we keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to brighten prospects for their investors. Here are two buys that stand out this month:


RUSSEL METALS, $35.50, is a buy. The company (Toronto symbol RUS; TSINetwork Rating: Extra Risk) (www.russelmetals.com; Shares outstanding: 62.7 million; Market cap: $2.2 billion; Dividend yield: 4.3%) is one of North America’s largest metal distributors: the company (symbol RUS on Toronto) serves 33,000 clients at 48 locations in Canada and 16 others in the U.S.


Russel’s revenue in the three months ended September 30, 2021, jumped 80.2%, to $1.11 billion from $614.9 million a year earlier....

1Life recently paid $2.1 billion for Iora Health, a primary-care group aimed at serving Medicare populations. The Iora acquisition not only extends 1Life’s geography reach around the U.S. to a combined 28 markets, but across all ages of patients. As well, the purchase is already paying off with the signing of a big new client.


1LIFE HEALTHCARE, $21.86, is a buy. The company (Nasdaq symbol ONEM; TSINetwork Rating: Extra Risk) (www.onemedical.com; Shares outstanding: 193.1 million; Market cap: $4.4 billion; No dividend) is a membership-based provider of primary health care through its One Medical technology platform....

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 108% from its March 2020 lows, but we think it can go much higher....

On May 22, 2019, apparel maker VF Corp. spun off its Lee and Wrangler jeans business into a separately traded company called Kontoor Brands. Investors received one share in Kontoor for every seven VF shares they held.


The COVID-19 lockdowns hurt both stocks, but they have rebounded with the reopening of retail stores....

A: Tamarack Valley Energy, $3.92, symbol TVE on Toronto (Shares outstanding: 406.3 million; Market cap: $1.6 billion; www.tamarackvalley.ca), is an oil and gas exploration and production firm in Western Canada....

TELUS CORP. $29 (www.telus.com) is a buy. Telus added 320,000 new subscribers (including cellphones, Internet and TV services, net of cancellations) in the third quarter of 2021. That’s a gain of 15.5% from 277,000 a year earlier....

Oil stocks continue to rebound from their 2020 lows as the re-opening of the global economy pushes oil and gas prices to multi-year highs. We feel those prices will remain elevated, as producers focus on improving their efficiency instead of spending more on exploration given new caps on greenhouse emissions....

A: NFI Group Inc., $25.59, symbol NFI on Toronto (Shares outstanding: 71.0 million; Market cap: $1.8 billion; www.newflyer.com), is a leading transit bus maker in the U.S., Canada and globally....

Dear Inner Circle Member,

Canadian National Railway’s $33.6 billion U.S. takeover attempt for rival Kansas City Southern failed after regulators blocked a key condition of the deal. As a result, KCS has now agreed to merge with Canadian Pacific Railway—CN’s main competitor.

Investors tend to dislike the risk that comes with big acquisitions, and CN stock rallied on the news....