acquisition
BOSTON SCIENTIFIC CORP., $38.88, is a buy. The company (New York symbol BSX; TSINetwork Rating: Average) (www.bostonscientific.com; Shares outstanding: 1.4 billion; Market cap: $55.1 billion; No dividends paid) is now buying the global surgical business of Lumenis Ltd....
TRAVEL + LEISURE CO. $65.11 (New York symbol TNL; TSINetwork Rating: Extra Risk) (www.travelandleisureco.com; Shares o/s: 85.9 million; Market cap: $5.4 billion; Yield: 1.8%) is the new name for Wyndham Destinations after its recent acquisition of the Travel + Leisure brand from Meredith Corp....
AltaGas took on a lot of risk with a huge acquisition in July 2018, but that paid off with the addition of stable, regulated cash flows. We added the stock in our May 2019 issue as a buy for our readers, and the shares have handed them a solid 17% gain on top of AltaGas’s high yield.
ALTAGAS LTD....
ALTAGAS LTD....
A: NorthWest Healthcare Properties REIT, $13.21, symbol NWH.UN on Toronto (Units outstanding: 193.2 million; Market cap: $2.6 billion; www.nwhreit.com), owns and operates a portfolio of medical office buildings (41%) as well as hospital and healthcare facilities (59%)....
BCE may have disappointed some aggressive investors in the past five years—it’s now roughly in the middle of its $50 to $65 price range for that period. However, income-seekers are no doubt pleased at the rise in its dividend, from $2.60 a share in 2015 to the current 2021 rate of $3.50, in the midst of an historic depression in bond interest rates and other sources that investors rely on for income.
While BCE’s payout has climbed, the company and its industry have made fundamental progress that’s likely to pay off with substantial gains in the next five years.
We’re used to—and quite happy with—the variable performance we’ve received over the years from BCE....
While BCE’s payout has climbed, the company and its industry have made fundamental progress that’s likely to pay off with substantial gains in the next five years.
We’re used to—and quite happy with—the variable performance we’ve received over the years from BCE....
Oil prices continue to rebound from their 2020 lows as more parts of the global economy reopen with the rollout of COVID-19 vaccines. OPEC’s commitment to maintain its current production cuts also helps support prices.
That’s good news for these four high-quality producers....
That’s good news for these four high-quality producers....
COVID-19 has hurt CGI’s ability to visit clients and secure new computer outsourcing contracts, which is why its shares fell to $67 in March 2020.
Even though the stock has rebounded 48%, we feel it can move even higher as the rollout of new vaccines speeds up the reopening of more businesses....
Even though the stock has rebounded 48%, we feel it can move even higher as the rollout of new vaccines speeds up the reopening of more businesses....
Adding the best undervalued stocks to buy now to your diversified portfolio can lead to big gains in the future, especially if there is hidden value involved.
CENOVUS ENERGY, $9.49, remains a buy for patient investors. The company (Toronto symbol CVE; Shares outstanding: 2.0 billion; Market cap: $19.0 billion; TSINetwork Rating: Extra Risk; Dividend yield: 0.7%.; www.cenovus.com) has now completed its acquisition of rival oil producer Husky Energy.
The combined firm is Canada’s third-largest producer of oil and gas, with output of about 750,000 barrels of oil equivalent per day....
The combined firm is Canada’s third-largest producer of oil and gas, with output of about 750,000 barrels of oil equivalent per day....