acquisition

CANADIAN PACIFIC KANSAS CITY LTD., $97.81, Toronto symbol CP, is your #1 Conservative Buy for 2023.

The company took its current form on April 14, 2023, when Canadian Pacific Railway Ltd. completed the acquisition of U.S.-based railway Kansas City Southern.

CP paid $31 billion U.S....
NVIDIA CORP., $477.76, Nasdaq symbol NVDA, remains a buy, but only for highly aggressive investors.

The company is a leading designer of 3D-capable video chips; they make video games run more smoothly and appear more lifelike. Nvidia has also adapted its chips for other applications, including artificial intelligence (AI), datacentres and self-driving cars.

Nvidia continues to benefit from strong demand for its chips that power AI applications, such as the popular ChatGPT online chatbot/search engine....

GEN DIGITAL INC. $21 is a buy. The company (Nasdaq symbol GEN; High-Growth Dividend Payer Portfolio, Consumer sector; Shares o/s: 640.7 million; Market cap: $13.5 billion; Dividend yield: 2.4%; Dividend Sustainability Rating: Average; www.gendigital.com) changed its name from NortonLifeLock (old symbol NLOK) following its September 2022 acquisition of European cybersecurity firm Avast plc for $8.1 billion.


The company last raised its quarterly dividend by 66.7% in December 2019....

These two leading U.S. technology companies are seeing weaker demand for their products as the economy slows. However, their dividends still look secure.


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.


Cisco last raised your quarterly dividend with the April 2023 payment to $0.39 a share, up 2.6% from $0.38....
This month we’re adding AltaGas to our regular TSI Dividend Advisor coverage.


This natural gas pipeline operator and processor shifted its focus to the U.S. following a big acquisition in 2018. Since then, it has sold less-important assets to pay down the loans it needed to fund the purchase.


AltaGas also gets most of its revenue from rate-regulated businesses, as well as take-or-pay contracts with annual adjustments linked to inflation....
STANLEY BLACK & DECKER INC. $90 (www.stanleyblackanddecker.com) is a buy. The company is one of the world’s largest makers of hand and power tools....
TRANSDIGM GROUP INC., $957.63, symbol TDG on New York, engages in the design, production, and supply of highly engineered exclusive components for use in commercial and military aircraft worldwide. Its products include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, and specialized pumps and valves.

On November 9, 2023, TransDigm announced that it would acquire the electron device business of Communications and Power Industries for $1.39 billion in cash....
CISCO SYSTEMS INC., $47.76, Nasdaq symbol CSCO, is still a buy.

Through the stock, investors tap a global producer of hardware and software that links and manages computer networks.

The company reported stronger-than-expected earnings and revenue for its latest quarter....
Intact Financial is now close to its recent, all-time high—and the shares are up a spectacular 382% since we first recommended them at $42.95 in our April 2010 issue. We think this Power Buy is poised to keep moving even higher for you, our subscribers.


INTACT FINANCIAL, $207.00, is a buy. The insurer (Toronto symbol IFC; TSINetwork Rating: Average) (www.intactfc.com; Shares outstanding: 175.3 million; Market cap: $36.6 billion; Dividend yield: 2.1%) is Canada’s largest provider of property and casualty coverage: it insures more than five million individuals and businesses....
The world’s aging population will continue to spur demand for medical services for years to come. Medical device makers are well-positioned to share in that increased spending.

We continue to see attractive investment opportunities among the top device manufacturers....