acquisition

COMMVAULT SYSTEMS INC., $107.43, symbol CVLT on Nasdaq, makes software for large companies that want to protect and access their data from anywhere in the world. It currently has approximately 9,300 corporate customers using its subscription products, up 25.7% from 7,400 a year ago.

On April 16, 2024, CommVault announced the acquisition of Appranix....
BCE INC., $45.96, Toronto symbol BCE, is still your #1 Income Buy for 2024.

The company is Canada’s largest traditional telephone service provider. It has 1.98 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces....
Flowserve’s focus on stable, recurring, higher-profit-margin business should continue to boost performance over the coming years
Cenovus Energy remains committed to a 100% free cash flow distribution once it pays down its debt - meanwhile its shares continue to surge.
Unlocking superior returns with small-cap stocks involves navigating the high-risk, high-reward landscape.
OPERA LTD. (ADR), $13.34, symbol OPRA on Nasdaq, offers a web browser with 304 million monthly active users. In addition to its browser, it provides news through its AI-powered newsreader.

Opera started up in 1994. The company has long positioned itself as an alternative to browsers pre-installed on computers and devices, such as Google Chrome, Mozilla Firefox, Internet Explorer, and Safari.

The company generates revenues from three operating segments: Advertising (58% of revenue), Search (41%), and Technology Licensing and Other Revenue (1%)....
BOSTON SCIENTIFIC CORP., $73.17, is a buy. The company (symbol BSX on New York) develops and markets medical devices used in minimally invasive procedures. Its products are used for angioplasty (blood vessel repair), blood clot filtration, cardiac rhythm management, catheter-aided ultrasound imaging, and many other surgical procedures....
CISCO SYSTEMS INC. $48 is a buy. The company (Nasdaq symbol CSCO; High-Growth Dividend Payer Portfolio, Manufacturing sector; Shares outstanding: 4.1 billion; Market cap: $196.8 billion; Dividend yield: 3.3%; Dividend Sustainability Rating: Above Average; www.cisco.com) makes hardware and software to link and manage computer networks.


With the April 2024 payment, Cisco raised your quarterly dividend by 2.6%....
Accounting rules are forcing these two banks to set aside more funds for potential loan defaults in the current high interest rate environment. While that has hurt their earnings and pushed up their dividend payout ratios, savings from recent cost cuts should improve those ratios over the next year or two.


BANK OF MONTREAL $127 is a buy. The bank (Toronto symbol BMO; Income-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 725.5 million; Market cap: $92.1 billion; Dividend yield: 4.8%; Dividend Sustainability Rating: Highest; www.bmo.com) raised your quarterly dividend with the January 2024 payment by 2.7%, to $1.51 a share from $1.47....

These two REITs focus mainly on retail shopping malls, which adds risk. However, their high-quality properties continue to attract new tenants and help retain existing ones. As a result, both REITs recently raised their distributions.


RIOCAN REAL ESTATE INVESTMENT TRUST $18 is a buy. The REIT (Toronto symbol REI.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 300.5 million; Market cap: $5.4 billion; Dividend yield: 6.2%; Dividend Sustainability Rating: Average; www.riocan.com) owns all or part of 188 shopping centres and other properties across Canada, including nine under development, three of which are 100% owned, while the other six are co-owned....