acquisition

We continue to see attractive investment opportunities for our subscribers in top drug stocks—and that includes AbbVie Inc. Meanwhile, the company is also a major player in medical aesthetics—a profitable niche between the beauty industry and plastic surgery.


ABBVIE INC., $115.53, (New York symbol ABBV; TSINetwork Rating: Above Average) (Shares o/s: 1.8 billion; Market cap: $204.6 billion; Yield: 4.5%) paid $64.1 billion in May 2020 for Allergan, a global leader in medical aesthetics, women’s health, and eye care....

1LIFE HEALTHCARE, $32.90, is still a buy for aggressive investors. The company (Nasdaq symbol ONEM; TSINetwork Rating: Extra Risk) (www.onemedical.com; Shares outstanding: 137.7 million; Market cap: $4.7 billion; No dividends paid) is a membership-based provider of primary health care relying on its One Medical technology platform....

A: Savaria Corp., $20.35, symbol SIS on Toronto (Shares outstanding: 63.9 million; Market cap: $1.3 billion; www.savaria.com) designs and builds personal mobility products for consumers. These include home elevators, commercial lifts, stairlifts, ceiling lifts, and adapted vehicles....

A: Central Garden & Pet Co., $54.57, symbol CENT on Nasdaq (Shares outstanding: 11.3 million; Market cap: $2.9 billion; www.central.com), provides a range of products to pet owners, and residential and commercial gardeners....

We first recommended Amazon.com in the July 2008 issue of Stock Pickers Digest (now Power Growth Investor) at $82.52. While we have occasionally moved our recommendation from a Buy to a Hold and back again over that time, the stock has nonetheless been an outstanding performer for our readers: Amazon is now up a whopping 3,992.5%.

In 2008, Amazon was predominantly seen as a leading bookseller on the Internet, as well as a leading video and music seller....

Investor fads that are likely to blow over in a relatively short time will seldom be captured in an ETF. There is just not enough time for the manager to get the product to market and generate enough investor interest.


However, when fads become trends with longer expected time horizons, managers are eager to get products to waiting investors....

Toromont’s shares hit a new all-time high of $111 in May 2021, as the spread of COVID-19 slowed and construction and mining firms began to accelerate their projects. The stock will likely keep moving higher as governments in Ontario and Quebec undertake new infrastructure projects to further spur their recovery.


TOROMONT INDUSTRIES LTD....

A: Dropbox Inc., $29.34, symbol DBX on Nasdaq (Shares outstanding: 318.0 million; Market cap: $11.7 billion; www.dropbox.com), is a U.S. company that provides cloud storage and related services for both individuals and firms.

Beginning in 2007, the company has focused on providing a way to synchronize computer files between registered users....

CENOVUS ENERGY, $11.06, remains a buy for patient investors. The company (Toronto symbol CVE; Shares outstanding: 2.0 billion; Market cap: $21.6 billion; TSINetwork Rating: Extra Risk; Dividend yield: 0.6%; www.cenovus.com) has completed its acquisition of rival oil producer Husky Energy.


To help pay down the extra debt it assumed as part of the Husky deal, Cenovus is selling some of its less-important assets.


Those include a deal to sell the royalty rights to its Marten Hills oil assets in Alberta to Topaz Energy for $100 million....

PEMBINA PIPELINE, $38.02, is a buy. The company (Toronto symbol PPL; Shares outstanding: 550.0 million; Market cap: $20.8 billion; TSINetwork Rating: Average; Dividend yield: 6.6%; www.pembina.com) has announced a takeover bid for Inter Pipeline Ltd....