acquisition
NVIDIA CORP., $460.18, 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.
The stock gained 8% this week after the company reported better-than-expected quarterly results but also increased its forecast revenue for the current quarter....
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.
The stock gained 8% this week after the company reported better-than-expected quarterly results but also increased its forecast revenue for the current quarter....
ROYAL BANK OF CANADA, $121.02, Toronto symbol RY, is a buy.
The bank continues to benefit from higher interest income on its loans due to higher interest rates. As well, it cut the number of full-time employees by 1% in the latest quarter, and it plans to further reduce headcount by 1% to 2% in the current quarter.
In its 2023 third quarter, ended July 31, 2023, Royal’s earnings before unusual items rose 11.4%, to $2.84 a share (or a total of $3.96 billion) from $2.55 a share (or $3.56 billion) a year earlier....
The bank continues to benefit from higher interest income on its loans due to higher interest rates. As well, it cut the number of full-time employees by 1% in the latest quarter, and it plans to further reduce headcount by 1% to 2% in the current quarter.
In its 2023 third quarter, ended July 31, 2023, Royal’s earnings before unusual items rose 11.4%, to $2.84 a share (or a total of $3.96 billion) from $2.55 a share (or $3.56 billion) a year earlier....
In January 2023, Microsoft increased its investment in OpenAI. That’s the start-up firm behind ChatGPT, which uses artificial intelligence (AI) software to interact with users in a conversational way and produce human-like written responses. The company has not yet revealed the size of this investment, but media reports suggest it was $10 billion.
Since then, Microsoft stock has jumped 36% on the expectation the company will use this AI technology to greatly improve the performance of its Azure cloud computing platform and its Bing search engine.
Microsoft also stands to gain from its upcoming acquisition of video game maker Activision Blizzard....
Since then, Microsoft stock has jumped 36% on the expectation the company will use this AI technology to greatly improve the performance of its Azure cloud computing platform and its Bing search engine.
Microsoft also stands to gain from its upcoming acquisition of video game maker Activision Blizzard....
GEN DIGITAL INC. $21 is a buy. The company (Nasdaq symbol GEN; High-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 639.4 million; Market cap: $13.4 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.
Gen is now the parent company for several security-related brands, including Norton, LifeLock, and Avast, in addition to Avira, AVG, and CCleaner—those last three were obtained in previous acquisitions.
The company last raised its quarterly dividend by 66.7% in December 2019....
Gen is now the parent company for several security-related brands, including Norton, LifeLock, and Avast, in addition to Avira, AVG, and CCleaner—those last three were obtained in previous acquisitions.
The company last raised its quarterly dividend by 66.7% in December 2019....
NEWELL BRANDS INC. $10 remains a hold. The company (Nasdaq symbol NWL; Conservative-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 414.1 million; Market cap: $4.1 billion; Dividend yield: 2.8%; Dividend Sustainability Rating: Average; www.newellbrands.com) makes a wide range of consumer and household products such as PaperMate pens, Elmer’s glue, Rubbermaid food containers and Graco baby strollers,
With the June 2023 payment, Newell cut its quarterly dividend by 69.6%, to $0.07 a share from $0.23....
With the June 2023 payment, Newell cut its quarterly dividend by 69.6%, to $0.07 a share from $0.23....
Russel Metals recently increased its dividend for the first time in nine years, while Calian has held its dividend steady for the past 11 years. Despite the lack of regular increases, both remain quality picks for income-seekers due to their high share of niche markets.
RUSSEL METALS INC....
Oil prices dropped earlier this year in part because of a slowing Chinese economy. While they have recently started to climb, they remain down considerably from the spike following Russia’s invasion of Ukraine. Regardless, the dividends of these two major producers look secure thanks to their high-quality properties.
CHEVRON CORP....
CHEVRON CORP....
Procter & Gamble’s sales remain strong despite concerns that high inflation and interest rates would prompt consumers to switch to cheaper brands. The strong consumer loyalty reflects the trust customers place in the company’s brands, many of which are over a 100 years old.
Procter & Gamble’s brand power also helps to explain our confidence in the company’s ability to maintain annual dividend hikes, for 2024 and beyond.
PROCTER & GAMBLE CO....
Procter & Gamble’s brand power also helps to explain our confidence in the company’s ability to maintain annual dividend hikes, for 2024 and beyond.
PROCTER & GAMBLE CO....
A: Procore Technologies Inc., $62.68, symbol PCOR on New York (Shares outstanding: 142.4 million; Market cap: $8.9 billion; www.procore.com) is a leading provider of cloud-based construction management software.
Procore’s software platform aims to let all parties in a construction project communicate with each other online, share data and programs that are stored on remote servers, and manage their workflows more effectively....
Procore’s software platform aims to let all parties in a construction project communicate with each other online, share data and programs that are stored on remote servers, and manage their workflows more effectively....
PULSE SEISMIC INC., $2.20, symbol PSD on Toronto, owns and licenses Canada’s largest seismic data library focused on the energy sector. The data covers the Western Canada Sedimentary Basin (WCSB) in Alberta, northeast British Columbia, Saskatchewan, Manitoba, Montana, parts of the Northwest Territories and the Yukon....