acquisition
LENNAR CORP. $136 is a spinoff buy. The company (New York symbol LEN; Manufacturing & Industry sector; Shares outstanding: 271.2 million; Market cap: $36.9 billion; Dividend yield: 1.4%; Takeover Target Rating: Medium; www.lennar.com) is one of the largest homebuilders in the U.S.
The company will spin off its land acquisition business as a separate firm called Millrose Properties Inc....
The company will spin off its land acquisition business as a separate firm called Millrose Properties Inc....
In October 2019, foodmaker Post sold shares of its BellRing Brands business to the public through an IPO. Since then, Post shares are roughly flat while BellRing has soared over 440%. We still like the long-term outlook for both.
POST HOLDINGS INC....
POST HOLDINGS INC....
Kadant Inc. has delivered a record-breaking quarter which shows the industrial giant’s resilience amid global challenges – however, it remains an expensive stock.
Intact Financial hit an all-time high in December 2024—and while the shares have dropped a bit lately, they’re still up a spectacular 501% since we first recommended them at $42.95 in our April 2010 issue. We think this Power Buy is poised to keep moving even higher for you, our subscribers.
INTACT FINANCIAL, $258.07, is a Power Buy. The insurer (Toronto symbol IFC; TSINetwork Rating: Average) (www.intactfc.com; Shares outstanding: 178.4 million; Market cap: $45.7 billion; Dividend yield: 1.9%) is Canada’s largest provider of property and casualty coverage: it insures more than five million individuals and businesses....
There’s no question that the developing world’s aging population will continue to spend more on medical services for years to come. Medical device makers are particularly well positioned to capture a share of that increased spending.
We continue to see attractive investment opportunities among the top device manufacturers....
We continue to see attractive investment opportunities among the top device manufacturers....
ENGHOUSE SYSTEMS LTD., $27.12, symbol ENGH on Toronto, is a software and services provider.
The company operates through two business groups: Interactive Management (59% of total revenue) sells software for managing customer interactions; and Asset Management (41% of revenue) offers technology solutions for network operators and software solutions for transit and transportation operators.
Acquisitions have fuelled much of the company’s growth and helped to diversify its operations.
On December 16, 2024, the company announced that its U.K....
The company operates through two business groups: Interactive Management (59% of total revenue) sells software for managing customer interactions; and Asset Management (41% of revenue) offers technology solutions for network operators and software solutions for transit and transportation operators.
Acquisitions have fuelled much of the company’s growth and helped to diversify its operations.
On December 16, 2024, the company announced that its U.K....
ELI LILLY AND COMPANY, $725.72, is a buy. The drugmaker (symbol LLY on New York) discovers, develops, manufactures and markets human pharmaceutical products.
The company expects to report revenue of $45.0 billion for 2024, which is 32% above its 2023 revenue....
The company expects to report revenue of $45.0 billion for 2024, which is 32% above its 2023 revenue....
THOMSON REUTERS CORP., $230.51, is your #1 Conservative Buy for 2025.
The company sells specialized information (mainly through electronic channels) to professionals in the legal, and tax and accounting fields. It also owns the Reuters news service.
Under a new plan to fuel its long-term growth, Thomson is now expanding the use of artificial intelligence (AI) software tools in its data offerings....
The company sells specialized information (mainly through electronic channels) to professionals in the legal, and tax and accounting fields. It also owns the Reuters news service.
Under a new plan to fuel its long-term growth, Thomson is now expanding the use of artificial intelligence (AI) software tools in its data offerings....
The outlook for Canada’s Big Five banks remains bright, particularly as lower interest rates mean they can reduce funds set aside to cover potential loan defaults. Lower loan-loss provisions will in turn push up their earnings and give them more room to increase their dividends.
ROYAL BANK OF CANADA $172 is a buy. The bank (Toronto symbol RY; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.4 billion; Market cap: $240.8 billion; Price-to-sales ratio: 4.2; Dividend yield: 3.4%; TSINetwork Rating: Above Average; www.rbc.com) continues to benefit from its March 2024 acquisition of the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC) for $15.5 billion.
So far, eliminating overlapping operations has cut $224 million from Royal’s annual costs....
ROYAL BANK OF CANADA $172 is a buy. The bank (Toronto symbol RY; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.4 billion; Market cap: $240.8 billion; Price-to-sales ratio: 4.2; Dividend yield: 3.4%; TSINetwork Rating: Above Average; www.rbc.com) continues to benefit from its March 2024 acquisition of the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC) for $15.5 billion.
So far, eliminating overlapping operations has cut $224 million from Royal’s annual costs....
AMENTUM HOLDINGS INC., $22.51, symbol AMTM in New York, provides advanced engineering and technology solutions to the U.S. government and its allied partners (90% of revenue) and commercial customers (10%). It sells to energy, environmental, intelligence, space, defence, civilian and commercial markets.
On September 27, 2024, Amentum completed a major merger with the Critical Mission Solutions (CMS) and Cyber and Intelligence (C&I) businesses of Jacobs Solutions (symbol J on New York)....
On September 27, 2024, Amentum completed a major merger with the Critical Mission Solutions (CMS) and Cyber and Intelligence (C&I) businesses of Jacobs Solutions (symbol J on New York)....