acquisition
ABCELLERA BIOLOGICS INC., $3.91, symbol ABCL on Nasdaq, launched its IPO in December 2020, when it sold shares to the public at $20 each. Early investors included Peter Thiel, DCVC Bio, and Viking Global.
The company isn’t so much a pharmaceutical firm, but instead provides an artificial intelligence-powered R&D platform that aims to speed up the drug development process.
AbCellera’s machine-learning technology is built into its exclusive software platform, called Celium; it lets the company screen and identify antibodies based on numerous parameters including their biochemical properties.
In the quarter ended June 30, 2023, AbCellera’s revenue was $10.1 million, down sharply from $45.9 million a year earlier....
The company isn’t so much a pharmaceutical firm, but instead provides an artificial intelligence-powered R&D platform that aims to speed up the drug development process.
AbCellera’s machine-learning technology is built into its exclusive software platform, called Celium; it lets the company screen and identify antibodies based on numerous parameters including their biochemical properties.
In the quarter ended June 30, 2023, AbCellera’s revenue was $10.1 million, down sharply from $45.9 million a year earlier....
PROCTER & GAMBLE CO., $147.16, New York symbol PG, is a top pick for 2023.
The company is one of the world’s largest makers of household and personal-care goods. Major brands include Tide (laundry detergent), Pampers (diapers), Gillette (razors), Crest (toothpaste) and Vicks (cold remedies).
Procter has paid shareholder dividends for 133 years and has increased its payout annually for the past 67 years....
The company is one of the world’s largest makers of household and personal-care goods. Major brands include Tide (laundry detergent), Pampers (diapers), Gillette (razors), Crest (toothpaste) and Vicks (cold remedies).
Procter has paid shareholder dividends for 133 years and has increased its payout annually for the past 67 years....
ALPHABET INC., Nasdaq symbols GOOG $123.40 [class C: non-voting] and GOOGL $122.17 [class A: one vote per share], is your #1 Aggressive buy for 2023.
The company is the parent of Google, the world’s leading Internet search engine—it handles over 80% of global search requests....
The company is the parent of Google, the world’s leading Internet search engine—it handles over 80% of global search requests....
CANADIAN PACIFIC KANSAS CITY LTD., $96.50, 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....
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....
Concerns over high interest rates and their impact on loan demand and writeoffs have hindered the shares of the big banks. That’s partly why we recommend investors diversify their holdings with non-bank companies that serve niche segments of the finance industry....
While higher interest rates are increasing the potential for future loan losses at these two U.S. banks, they are also earnings more on new loans. In fact, both just raised their dividends, which is a sign of confidence.
J.P. MORGAN CHASE & CO....
J.P. MORGAN CHASE & CO....
Since its founding in 1984, Cisco Systems—a leading maker of computer networking equipment—has completed a whopping 245 acquisitions. While companies that rely on acquisitions for growth make us wary, Cisco has a strong history of profitably absorbing new businesses.
The company recently announced the biggest takeover in its history—a $28-billion deal for cybersecurity software maker Splunk....
The company recently announced the biggest takeover in its history—a $28-billion deal for cybersecurity software maker Splunk....
TRIMBLE INC., $48.79, symbol TRMB on Nasdaq, mainly provides advanced GPS positioning systems for auto fleets and other business clients. It also sells connectivity, modeling, analytics and autonomous driving solutions.
The company serves a range of industries, including civil engineering, construction, agriculture, natural resources, transportation and government.
On September 28, 2023, Trimble announced that it had entered into a joint venture with AGCO Corporation (symbol AGCO on New York) to build a global leader in mixed fleet smart farming and autonomy solutions.
Trimble will contribute its precision agriculture business except for its Global Navigation Satellite System (GNSS) and related guidance technologies....
The company serves a range of industries, including civil engineering, construction, agriculture, natural resources, transportation and government.
On September 28, 2023, Trimble announced that it had entered into a joint venture with AGCO Corporation (symbol AGCO on New York) to build a global leader in mixed fleet smart farming and autonomy solutions.
Trimble will contribute its precision agriculture business except for its Global Navigation Satellite System (GNSS) and related guidance technologies....
WYNDHAM HOTELS & RESORTS INC., $73.66, is still a buy. The company (symbol WH on New York) is the world’s largest hotel franchiser, with 851,000 rooms spread across 9,100 hotels in 95 countries. Its portfolio of 24 brands includes Super 8, Days Inn, Wyndham Grand, Ramada, La Quinta and Wyndham.
This week, the company rejected an unsolicited takeover offer from rival Choice Hotels International, Inc....
This week, the company rejected an unsolicited takeover offer from rival Choice Hotels International, Inc....
Long-time readers know that we aim to keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to bolster investor gains. Here are two buys that stand out this month:
CHIPOTLE MEXICAN GRILL, $1,840.73, is a buy. The company (New York symbol CMG; TSINetwork Rating: Extra Risk) (www.chipotle.com; Shares outstanding: 27.6 million; Market cap: $50.8 billion; No dividends paid) is now testing a new production line for burrito bowls and salads for digital orders.
Orders placed online ahead of time will be routed to the new system, which dispenses an empty plate positioned under a series of ingredient dispensers....
CHIPOTLE MEXICAN GRILL, $1,840.73, is a buy. The company (New York symbol CMG; TSINetwork Rating: Extra Risk) (www.chipotle.com; Shares outstanding: 27.6 million; Market cap: $50.8 billion; No dividends paid) is now testing a new production line for burrito bowls and salads for digital orders.
Orders placed online ahead of time will be routed to the new system, which dispenses an empty plate positioned under a series of ingredient dispensers....