acquisition

BOEING CO., $218.71, New York symbol BA, is still a hold.

The aircraft maker’s shares fell 4% this week after a fuselage panel came loose on one of its 737 Max-9 planes. That forced the aircraft, operated by Alaskan Airlines, to make an emergency landing.

As a result, the U.S....

CANADIAN PACIFIC KANSAS CITY LTD., $103.81, Toronto symbol CP, is your #1 Conservative Buy for 2024.

This is the sixth year in a row we’ve picked CP as our #1 Conservative stock. In that time, the stock has jumped 106.8%.

We feel the stock will continue to rise over the next few years as the company realizes more of the benefits from its April 2023 acquisition of U.S.-based railway Kansas City Southern.

CP paid $31 billion U.S....

NUTRIEN LTD. $71 is a buy. In addition to its main fertilizer business, the company (Toronto symbol NTR; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 494.5 million; Market cap: $35.1 billion; Price-to-sales ratio: 0.9; Dividend yield: 4.0%; TSINetwork Rating: Average; www.nutrien.com), through its Loveland Products business, develops specialized seeds and crop protection products that help farmers increase their crop yields.


Loveland recently acquired the soybean seed program of German chemical maker BASF for an undisclosed amount....

A: Canadian Natural Resources Ltd., $87.75, symbol CNQ on Toronto (Shares outstanding: 1.1 billion; Market cap: $94.7 billion; www.cnrl.com), is a producer of oil and natural gas in Western Canada, the U.K....

A: Valmont Industries Inc., $227.53, symbol VMI on New York (Shares outstanding: 20.9 million; Market cap: $4.8 billion; www.valmont.com), was founded in 1946 and is headquartered in Omaha, Nebraska.

The company operates in two main segments:

Infrastructure (72% of sales) offers products to serve the infrastructure markets of utility, solar, lighting, transportation, and telecommunications, along with coatings services to preserve metal products.

Agriculture (28% of sales) is a leader in mechanized irrigation equipment for agriculture, aiming to enhance food production while conserving natural water resources....

Top banking pick Royal Bank of Canada offers a solid 4.1% yield and a cheap valuation with shares trading at just 10.9 forecast earnings.

TMX GROUP LTD., $31.50, symbol X on Toronto, is an operator of public trading platforms and a provider of ancillary services. The company owns Canada’s two primary stock exchanges, the Toronto Stock Exchange and the Montreal Exchange, as well as clearing entities for domestic Canadian markets (CDS and CDCC)....

RUSSEL METALS INC., $44.00, is a buy. Through their shares, investors tap one of North America’s largest metal distributors: the company (symbol RUS on Toronto) serves 33,000 clients at 48 locations in Canada and 16 others in the U.S.

Russel has now added Stewart Burton to its board of directors....

ROYAL BANK OF CANADA, $134.63, Toronto symbol RY, is still a buy.

The bank has received final regulatory approval to buy the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC).

HSBC operates 130 branches that mainly cater to businesses in industries that trade and bank internationally....

A: Atlas Engineered Products, $1.13, symbol AEP on the TSX Venture Exchange (Shares outstanding: 55.5 million; Market cap: $62.2 million; www.atlasengineeredproducts.com), is engaged in acquiring, integrating, and upgrading well-established companies in Canada’s truss (roof framing), wall panels, and engineered wood products industry.

Atlas went public through a reverse takeover in November 2017....