acquisition

A: Stryker Corporation, $211.59, symbol SYK on New York (Shares outstanding: 375.6 million; Market cap: $79.5 billion; www.stryker.com), is one of the world’s leading medical technology companies. The firm is based in Kalamazoo, Michigan.

Stryker’s investors benefit from its three business segments:

The Orthopaedics segment (32% of total revenue) sells products used in joint replacement surgeries and in trauma and extremities surgeries.

The Medical and Surgery segment (48%) sells surgical equipment and navigation instruments, endoscopic and communications systems, and devices used in a variety of medical specialties.

The Neurotechnology and Spine segment (20%) sells neurosurgical, neurovascular and spinal-implant devices.

Approximately 72% of Stryker’s revenue in each of the past three years has come from the U.S.

The company has actively acquired smaller firms over the past several years....

GREAT-WEST LIFECO, $26.02, is still a hold. The insurer (Toronto symbol GWO; shares o/s: 926.3 million; Market cap: $24.2 billion; TSINetwork Rating: Above Average; Yield: 6.7%; www.greatwestlifeco.com), through its U.S.-based Empower Retirement business, will now buy the retirement services unit of Massachusetts Mutual Life Insurance Company....

TC Energy—formerly TransCanada—is a top stock for income-seeking investors mainly because its regulated pipelines and power plants generate plenty of steady cash flow for its highly sustainable dividends. In fact, the company has raised the dividend payment each year for the past two decades....

Long-time readers know that we keep you informed on important news about the stocks we cover. That means spotlighting developments that promise to brighten their outlook. Here are two that stand out as buys this month:


CALIAN GROUP $62.75 is a buy. The Ottawa-based company (Toronto symbol CGY; TSINetwork Rating: Extra Risk) (www.calian.com; Shares outstanding: 9.7 million; Market cap: $621.9 million; Dividend yield: 1.8%) provides engineering and tech support mostly to government....

A: Callaway Golf Co., $20.06, symbol ELY on New York (Shares outstanding: 94.2 million; Market cap: $1.9 billion; www.callawaygolf.com), makes golf clubs and balls, as well as apparel.

The company also has a 14% stake in fast-growing TopGolf, a privately owned operator of driving ranges with a party atmosphere....

A: Morneau Shepell Inc., $28.29, symbol MSI on Toronto (Shares outstanding: 68.5 million; Market cap: $1.9 billion; www.morneaushepell.com), is the largest Canadian firm providing human resource consulting and outsourcing services....

FedEx and Cintas have soared in the past few months, even though the shutdown of businesses due to COVID-19 hurt their short-term earnings. That’s because demand for their services will rebound as the economy reopens, particularly as they help businesses cope with the pandemic.


FEDEX CORP....

INTACT FINANCIAL CORP. $143 is a buy. The company (Toronto symbol IFC; High-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 143.0 million; Market cap: $20.4 billion; Dividend yield: 2.3%; Dividend Sustainability Rating: Above Average; www.intactfc.com) gives you exposure to Canada’s largest provider of property and casualty insurance....

A: Booz Allen Hamilton Inc., $87.77, symbol BAH on New York (Shares outstanding: 137.8 million; Market cap: $12.0 billion; www.boozallen.com), is a management and IT consulting firm headquartered in McLean, Virginia....

A: Lightspeed POS Inc., $39.27, symbol LSPD on Toronto (Shares outstanding: 78.5 million; Market cap: $3.7 billion; www.lightspeedhq.com), offers point-of-sale (POS) software programs specifically designed for small retailers and restaurant operators....