acquisition

Enbridge has just completed the acquisition of three U.S. natural gas utilities from Dominion Energy. Big purchases like these add risk, but rate-regulated businesses generate predictable cash flows, which the company can use to pay down the debt it takes on to fund their purchase....
Canadian Natural Resources reported 35.2% higher cash flow on 14.7% higher revenue as its strategic acquisitions enhance its capacity and potential.
Demand for travel continues its post-pandemic rebound, and both Wyndham Hotels and Travel + Leisure are big beneficiaries.

Indeed, the outlook for both stocks remains positive for investors, as pent-up demand for travel stays strong, presenting each company with significant opportunities to expand.

I asked our Successful Investor research department to draw up this Inner Circle Spotlight report on both Wyndham, and Travel + Leisure to explain why we think each has bright prospects ahead....
Top pick Agilent Technologies’ $925 million acquisition should deliver long-term benefits in fast-growing areas such as gene-editing services.
ELI LILLY AND COMPANY, $818.93, is a buy. The drugmaker (symbol LLY on New York) discovers, develops, manufactures, and markets human pharmaceutical products.

This week, Lilly’s shares fell to as low as $770 or so this week—before rebounding....
FASTENAL COMPANY, $78.23, symbol FAST on Nasdaq, is a leading wholesale distributor of industrial and construction supplies. It draws almost all its clients from the construction and manufacturing industries.

Those construction customers include general, electrical, plumbing, sheet-metal, and road contractors....
CENOVUS ENERGY INC., $21.89, Toronto symbol CVE, remains a buy for the Resources section of your portfolio.

The company is now Canada’s third-largest producer of oil and natural gas after Canadian Natural Resources and Suncor (see next Hotline item)....
SEZZLE INC., $212.96, symbol SEZL on Nasdaq, provides a platform for merchants in the U.S. and Canada that lets customers pay for merchandise through installments, better known as BNPL or “buy now, pay later.”

The company had 462,000 active subscribers as of June 30, 2024, up from 210,000 on September 30, 2023.

The BNPL and point-of-sale financing market in North America accounts for less than 2% of the estimated $207-billion market for total commerce transaction value....
Atlas Engineered Products continues to report higher revenue and earnings as it makes an acquisition and seeks to improve its operations with robotic manufacturing.

Networking equipment maker Cisco recently acquired Splunk, which specializes in cybersecurity software. The purchase will improve its hardware products, and let it tap Splunk’s expertise in the rapidly growing field of artificial intelligence (AI) software.


CISCO SYSTEMS INC....