acquisition

Studies show that both a spinoff and its parent company perform better than comparable firms for several years following their split. That’s especially so with industry leaders like these two. We think both have gains ahead.


WYNDHAM DESTINATIONS $46.37 (New York symbol WYND; TSI Rating: Extra Risk) (973-753-6000; www.wyndhamdestinations.com; Shares outstanding: 93.6 million; Market cap: $4.4 billion; Dividend yield: 3.9%) is the former Wyndham Worldwide (WYN)....

A: Fiera Capital Corp., $11.06, symbol FSZ on Toronto (Shares outstanding: 77.4 million; Market cap: $1.1 billion; www.fieracapital.com), is a full-service, multi-product investment firm providing investment advisory and related services to institutional investors, private wealth management clients and retail investors....

A: MedMen Enterprises Inc., $2.89, symbol MMEN on the Canadian Securities Exchange (Shares outstanding: 129.4 million; Market cap: $374.0 million, www.medmen.com), is a U.S....

RIOCAN REAL ESTATE INVESTMENT TRUST $27 (www.riocan.com) owns all or part of 230 shopping centres and other properties across Canada. In a response to slowing customer traffic and online shopping, the REIT continues to add office and residential space to its retail properties....

Aggressive stocks, such as those featured in the portfolio on page 80, can lead to big returns. However, due to the risky or cyclical nature of their businesses, investment in higher-growth stocks can also produce big losses. That’s why you should limit your aggressive holdings to no more than about 30% of your overall portfolio.


We continue to like the long-term prospects of the best aggressive stocks....

Several factors recommend Fortis as our top Income Portfolio buy for 2019. They include the company’s long history of annual dividend hikes and its plan to continue raising that payment over the next five years. Fortis has plenty of room to meet that goal: it paid out 69% of its earnings as dividends in the past year.


Aside from steady dividend growth—and Fortis’s high yield—the company’s investors also benefit from its expansion into the U.S....

A: Sysco Corporation, $71.61,symbol SYY on New York (Shares outstanding: 514.0 million; Market cap: $37.0 billion; www.sysco.com), is the largest global distributor of food products to restaurants, schools, health-care facilities, and lodging establishments.

With more than 67,000 employees, the company operates about 330 distribution facilities worldwide and serves more than 600,000 customer locations....

NEWMONT GOLDCORP $38.76 (New York symbol NEM; Shares o/s: 819.6 million; Market cap: $31.5 billion; TSINetwork Rating: Average; Divd. 1.4%; www.newmontgoldcorp.com) owns mines in North and South America, Australia and Africa.


The company is now the world’s largest gold mining company after its recent acquisition of Vancouver-based Goldcorp Inc....

A: II-VI Incorporated, $37.00, symbol IIVI on Nasdaq (Shares outstanding: 63.5 million; Market cap: $2.3 billion; www.ii-vi.com), is a global leader in the development, manufacture, and marketing of a wide variety of laser, photonic, infrared, and fibre-optic products and materials....

The lack of new pipeline capacity in Canada and parts of the U.S. continue to force oil producers to transport more of their crude by rail.

The situation is likely to continue for some time, as both Enbridge and TC Energy (formerly TransCanada) face strong legal and environmental opposition to their proposed new pipelines....