acquisition
DRAFTKINGS INC., $40.81, is still a buy. The digital sports entertainment and gaming company (symbol DKNG on Nasdaq) currently provides sports betting in several U.S. states: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Louisiana, Michigan, Mississippi, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming, Ohio, Kentucky and Massachusetts....
EMERA INC., $48.87, Toronto symbol EMA, is a buy.
The company owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns 100% of Teco Energy, which supplies electricity and natural gas to 1.3 million customers in Tampa Bay, Florida....
The company owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns 100% of Teco Energy, which supplies electricity and natural gas to 1.3 million customers in Tampa Bay, Florida....
TORONTO-DOMINION BANK, $77.28, Toronto symbol TD, is still a buy.
The lender recently set aside $615 million (or $450 million U.S.) for fines it expects to pay due to lapses in its anti-money laundering processes at its U.S. retail banking operations....
The lender recently set aside $615 million (or $450 million U.S.) for fines it expects to pay due to lapses in its anti-money laundering processes at its U.S. retail banking operations....
Procore Technologies Inc. continues to add customers and revenue but has a short track record as a recent IPO.
Gen Digital is trading at a low valuation of just 12.2 times forecast earnings even as its current profits rose 13.5% in the most recent quarter.
AXON ENTERPRISE INC., $288.79, symbol AXON on Nasdaq, is best known for its Taser line of non-lethal weapons for law enforcement and consumers. The law enforcement technology company also sells body cameras, in-car cameras, software and drones.
The company has two operating segments: Taser (39% of revenue) and Software & Sensors (61%).
The software unit includes a cloud-based digital evidence management platform—for assets including video from Axon body cameras.
Axon’s customers include first responders at the international, federal, state and local law enforcement level, fire departments, correctional facilities and the justice sector, in addition to commercial clients.
On May 6, 2024, Axon announced that it would acquire Dedrone, a provider of airspace security technology....
The company has two operating segments: Taser (39% of revenue) and Software & Sensors (61%).
The software unit includes a cloud-based digital evidence management platform—for assets including video from Axon body cameras.
Axon’s customers include first responders at the international, federal, state and local law enforcement level, fire departments, correctional facilities and the justice sector, in addition to commercial clients.
On May 6, 2024, Axon announced that it would acquire Dedrone, a provider of airspace security technology....
ATS CORP., $47.51, is still a buy. The company (symbol ATS on Toronto) provides some of the world’s top manufacturers with factory automation solutions. Founded in 1978, it has over 65 of its own manufacturing facilities and 85 offices in North America, Europe, and Asia.
On May 15, 2024, ATS announced the acquisition of Paxiom Group, a provider of primary, secondary, and end-of-line packaging machines in the food and beverage, cannabis, and pharmaceutical industries....
On May 15, 2024, ATS announced the acquisition of Paxiom Group, a provider of primary, secondary, and end-of-line packaging machines in the food and beverage, cannabis, and pharmaceutical industries....
WALMART INC., $64.65, New York symbol WMT, is a buy.
The company is the world’s biggest retailer, with over 10,500 outlets in 19 countries.
Walmart continues to benefit as inflation draws more shoppers to its value-focused stores, particularly for groceries and health products....
The company is the world’s biggest retailer, with over 10,500 outlets in 19 countries.
Walmart continues to benefit as inflation draws more shoppers to its value-focused stores, particularly for groceries and health products....
We think the healthcare industry will enjoy great success over the next decade. But due to the nature of the business, results will vary widely and unpredictably from one company to another. A volatile market like the one we expect for healthcare stocks will include winners and losers....
Swiss pharmaceutical giant Novartis spun off Alcon in 2019. As we’ve said many times before, spinoffs are the closest thing you can find to a sure thing, regardless of the market’s rise and fall.
The stock is already up over 42% since we first recommended it in March 2020 at $63.26—and has just hit a new all-time high—but we think it can go much higher....
The stock is already up over 42% since we first recommended it in March 2020 at $63.26—and has just hit a new all-time high—but we think it can go much higher....