acquisition

ResMed’s sales and profits got a boost during the pandemic with a sharp rise in demand for its ventilators and other respiration devices. Even as the pandemic eased, the gains continued as the company introduced more products and expanded its software offerings. Today, ResMed’s outlook remains attractive—and not just for its CPAP machines.

Those CPAP devices successfully treat sleep apnea, which gets far less media attention than other health issues such as high blood pressure, obesity, diabetes, depression, stroke and heart problems....

LUNDIN MINING CORPORATION, $11.63, symbol LUN on Toronto, is a Toronto-based producer of copper, zinc, gold, and nickel. It has operations and projects in Argentina, Brazil, Chile, Portugal, Sweden and the U.S.

On July 13, 2023, Lundin Mining announced it had acquired 51% of SCM Minera Lumina Copper Chile....

ELECTRONIC ARTS INC., $122.59 (symbol EA on Nasdaq), is a buy for aggressive investors. The company is a developer of video games for play on consoles, PCs, and mobile devices. Its hugely popular game franchises include Madden NFL, The Sims, Need for Speed, Battlefield, and Apex Legends.

In the quarter ended June 30, 2023, Electronic Arts’ revenues increased 8.9%, to $1.92 billion from $1.77 billion a year earlier....

CPKC took its current form on April 14, 2023, when Canadian Pacific Railway Ltd. completed its $31 billion U.S. acquisition of U.S.-based railway Kansas City Southern. While we’re always wary of big acquisitions, this merger—a rare case where the buyer knows nearly as much about the business as its seller—will let CPKC offer shippers quicker access to key hubs in Canada, the U.S....

A: Baytex Energy Corp., $5.30, symbol BTE on Toronto (Shares outstanding: 856.9 million; Market cap: $4.6 billion; www.baytexenergy.com), explores for, develops and produces oil and gas in Western Canada and the Eagle Ford region of Texas....

LOCKHEED MARTIN CORP., $449.00, symbol LMT on New York, is the world’s largest defence contractor.

The company operates 375 facilities, employs 116,000 people, and has over 16,000 active suppliers, in every U.S. state and more than 50 countries. It’s headquartered in Bethesda, Maryland.

The company has four operating segments: Aeronautics (41% of revenue), Missile and Fire Control (17%), Rotary and Mission Systems (23%), and Space (19%).

In the three months ended June 25, 2023, Lockheed Martin’s revenue rose 8.4%, to $16.7 billion from $15.4 billion a year earlier....

CANADIAN PACIFIC KANSAS CITY LTD., $109.93, 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 its acquisition of U.S.-based railway Kansas City Southern.

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

The best way for investors to add gold exposure to their portfolios is with high-quality producers like Newmont, instead of buying gold coins and bullion, which come with extra costs for storage and insurance. As well, Newmont’s upcoming acquisition of Newcrest will add to its gold reserves and will likely reduce its operating costs once integration is completed.


NEWMONT CORP....

These three technology stocks are all up sharply in 2023, and are trading close to their all-time highs. While they now look expensive in relation to projected earnings and sales, we feel their leading market shares and top products will continue to give them a competitive advantage and push their shares even higher.


NVIDIA CORP....

These two leading U.S. banks recently passed the Federal Reserve’s latest stress test, which measures how financial firms would cope with a jump in unemployment, falling stock prices and other unfavourable developments. As a result, they both raised their dividends....