acquisition
Russel Metals Inc. has made a savvy acquisition which drives immediate revenue growth while yielding 3.9% at a relatively low valuation.
Devon Energy yields 2.3% as a recent acquisition powers immediate growth in prime oil basin with solid cash flow and continued share buybacks.
A: Baytex Energy Corp., $4.17, symbol BTE on Toronto (Shares outstanding: 787.3 million; Market cap: $3.3 billion; www.baytexenergy.com), explores for, develops and produces oil and gas in Western Canada and the Eagle Ford region of Texas.
The company’s output is 14% natural gas and 86% oil.
In June 2023, Baytex completed its acquisition of Ranger Oil Corp....
The company’s output is 14% natural gas and 86% oil.
In June 2023, Baytex completed its acquisition of Ranger Oil Corp....
CHIPOTLE MEXICAN GRILL INC., $58.63, is a buy. The stock (symbol CMG on New York) lets you tap this Mexican restaurant chain, headquartered in Denver. The company is a fast-food leader charging slightly higher prices than its competitors but offering better quality food, including naturally raised meat.
The company recently lost CEO Brian Niccol to Starbucks, where he has taken over as its CEO.
Meanwhile, Chipotle has just announced its new CEO as Scott Boatwright....
The company recently lost CEO Brian Niccol to Starbucks, where he has taken over as its CEO.
Meanwhile, Chipotle has just announced its new CEO as Scott Boatwright....
CHEMED CORP., $557.95, symbol CHE on New York, operates two wholly owned subsidiaries: VITAS Healthcare and Roto-Rooter. The two units are in distinctly different businesses and have completely separate operations.
VITAS (65% of sales) is the largest provider of end-of-life hospice services in the U.S., and Roto-Rooter (35%) is the nation’s leading provider of plumbing and drain-clearing services.
In April 2024, VITAS acquired Covenant Health and Community Services Inc.'s hospice assets and assisted living facility for $85.0 million in cash....
VITAS (65% of sales) is the largest provider of end-of-life hospice services in the U.S., and Roto-Rooter (35%) is the nation’s leading provider of plumbing and drain-clearing services.
In April 2024, VITAS acquired Covenant Health and Community Services Inc.'s hospice assets and assisted living facility for $85.0 million in cash....
CISCO SYSTEMS INC., $57.46, Nasdaq symbol CSCO, is still a buy.
Through their shares, investors tap a global producer of hardware and software that links and manages computer networks.
In March 2024, Cisco completed its acquisition of Splunk Inc....
Through their shares, investors tap a global producer of hardware and software that links and manages computer networks.
In March 2024, Cisco completed its acquisition of Splunk Inc....
Valmont Industries continues to deploy AI into growth areas like utilities, irrigation, and 5G.
ENBRIDGE INC. $60 is a buy. The company (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 2.2 billion; Market cap: $132.0 billion; Price-to-sales ratio: 2.6; Dividend yield: 6.1%; TSINetwork Rating: Above Average; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S....
WELL HEALTH TECHNOLOGIES CORP., $5.34, is a buy. The company (symbol WELL on Toronto) owns and operates Canada’s largest network of clinics supporting primary care, specialized care and diagnostics services. As of September 30, 2024, the company had a total of 110 physical facilities across Canada.
In the U.S., WELL Health provides healthcare services and solutions targeting specialized markets such as the gastrointestinal market, women’s health, primary care, and mental disorders.
WELL Health USA Patient Services consists of three assets: CRH Medical, Provider Staffing, Circle Medical and Wisp.
CRH delivers specialized care services focused on providing gastroenterologists throughout the U.S....
In the U.S., WELL Health provides healthcare services and solutions targeting specialized markets such as the gastrointestinal market, women’s health, primary care, and mental disorders.
WELL Health USA Patient Services consists of three assets: CRH Medical, Provider Staffing, Circle Medical and Wisp.
CRH delivers specialized care services focused on providing gastroenterologists throughout the U.S....
ABBVIE INC., $199.50, New York symbol ABBV, is a buy.
The company makes biopharmaceuticals, with leading positions in immunology, oncology, aesthetics, neuroscience and eye care.
AbbVie took its current form on January 3, 2013, when Abbott Laboratories (New York symbol ABT) split into two publicly traded firms.
The company will raise your quarterly dividend with the February 2025 payment by 5.8%, to $1.64 a share from $1.55....
The company makes biopharmaceuticals, with leading positions in immunology, oncology, aesthetics, neuroscience and eye care.
AbbVie took its current form on January 3, 2013, when Abbott Laboratories (New York symbol ABT) split into two publicly traded firms.
The company will raise your quarterly dividend with the February 2025 payment by 5.8%, to $1.64 a share from $1.55....