acquisition

A: Granite REIT, $75.45, symbol GRT.UN on Toronto (Units outstanding: 57.8 million; Market cap: $4.3 billion; www.granitereit.com), owns and manages approximately 44.7 million square feet of industrial space spread across 100 properties in North America and Europe.

Granite recently raised $289.3 million through the issue of 4.3 million units at $68 each....
We continue to see attractive investment opportunities for our subscribers in drug stocks—and we’re adding the best of them to your Power Growth Investor. That includes AbbVie Inc.


Meanwhile, over the years, we’ve found that spinoffs are about as close as you can get to a sure thing in investing....
Long-time readers know that we are constantly keeping you up to date on important news about the stocks we cover. Part of that means spotlighting developments that promise to brighten the outlook for TSI Power Growth Investors. Here are two recent additions to the newsletter that stand out as buys this month:


WARNER MUSIC GROUP $27.82, is a buy. Through your shares (Nasdaq symbol WMG; TSINetwork Rating: Average) (www.wmg.com; Shares outstanding: 70.0 million; Market cap: $14.5 billion; No dividends paid) you’re buying into one of the world’s leading music entertainment companies....
Amazon.com has now jumped to a new all-time high for our subscribers. That includes a 97% bounce from the bottom it reached during the recent downturn.


AMAZON.COM INC. $3,099.91, is a Power Buy. The company (Nasdaq symbol AMZN; TSINetwork Rating: Average) (www.amazon.com; Shares o/s: 498.8 million; Market cap: $1.6 trillion; No dividends paid) is now buying Zoox, a company specializing in the development of self-driving vehicles....
WELL HEALTH TECHNOLOGIES $3.14 is a buy. The company (Toronto symbol WELL; TSINetwork Rating: Speculative) (www.well.company; Shares o/s: 130.7 million; Market cap: $405.3 million; No divd.) provides Electronic Medical Records software and services to a network of 1,900 medical clinics (of which it owns 20)....
Pinduoduo’s shares are now up a whopping 139.4% for our subscribers since we first recommended them in our November 2019 issue at $33.74 a share.


PINDUODUO INC. (ADR), $80.76, is a Power Buy. The company (Nasdaq symbol PDD; TSINetwork Rating: Extra Risk) (www.pinduoduo.com; Shares outstanding: 679.0 million; Market cap: $98.9 billion; No dividend) offers a Chinese shopping app that brings groups of buyers together to win deeper discounts....
COVID-19 has slowed the announcement of new spinoffs That’s because the new firms could have trouble attracting investors during the current stock market volatility. That, in turn, would hurt their stock prices. However, we expect spinoff activity will pick up as the pandemic eases....
We remind readers to pay attention to activist investors, as they tend to look for the same attributes we do—undervalued assets that can be spun off or sold. Below is an activist target we see as a buy for aggressive investors. There’s also another targeted company—one we don’t recommend despite a recent acquisition to bolster its product line.


COMMVAULT SYSTEMS INC....
A: Northland Power Inc., $36.31, symbol NPI on Toronto (Shares outstanding: 200.6 million; Market cap: $7.4 billion; www.northlandpower.ca), develops, builds, owns, and operates natural gas-fired power plants and wind farms....
To protect investor value, in the past few years Transcontinental has shifted its focus to packaging and away from its cyclical commercial printing business. That cuts your risk. In fact, the company is so confident about that move and its future it has just raised your dividend.


TRANSCONTINENTAL INC....