acquisition

TOYOTA MOTOR CO. ADRs, $164.35, New York symbol TM, is a buy.

The ADRs (each American Depositary Receipt equals two common shares) give you exposure to the world’s largest automaker.

The stock rose 10% this week after Toyota announced that it will build a commercial solid-state battery plant....
BCE INC., $60.28, Toronto symbol BCE, is a buy.

The company is Canada’s largest traditional telephone service provider. It has 2.19 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. BCE also has 4.26 million high-speed Internet users and 2.75 million TV subscribers (satellite and fibre-optic)....

WELL HEALTH TECHNOLOGIES, $5.06, is a buy. The company (Toronto symbol WELL; TSINetwork Rating: Speculative) (www.well.company; Shares o/s: 229.1 million; Market cap: $1.2 billion; No dividends paid) is now buying five primary-care clinics in Calgary from MCI Onehealth Technologies for $2.0 million.


The acquisition will bring over 50 physicians into the WELL Health network, adding to the company’s over 3,000 providers across North America....
Intact Financial is now close to its recent all-time high—and the shares are up a spectacular 361% 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 our subscribers.


INTACT FINANCIAL, $197.87, is a buy. The insurer (Toronto symbol IFC; TSINetwork Rating: Average) (www.intactfc.com; Shares outstanding: 175.3 million; Market cap: $34.6 billion; Dividend yield: 2.2%) is Canada’s largest provider of property and casualty coverage: it insures more than five million individuals and businesses....

Auto parts maker Cummins recently carved out its filtration products business as a separate firm called Atmus. We expect the split will work out well for both firms. However, we prefer Cummins for your new buying right now, as its long-term plan is to hand out its remaining Atmus shares to its own shareholders.


CUMMINS INC....
The outlook for CAE—a leading provider of flight simulators and pilot-training—is bright.

The company now has roughly 70% of the global flight simulator market and is well-positioned to remain the top global choice for commercial pilot training. At the same time, the airline industry continues to see robust demand with the lifting of pandemic restrictions.

Aside from the bright prospects for its core business, CAE should see demand for its military training operations rise steadily—if not accelerate as the war in Ukraine continues....
KEYERA CORP., $31.10, symbol KEY on Toronto, engages in the gathering and processing of natural gas; and transportation, storage, and marketing of natural gas liquids (NGLs) in Canada and the U.S.

The company operates in the oil and gas industry between the upstream segment, which includes oil and gas exploration and production businesses, and the downstream segment, which includes the refining, distribution and retail marketing of finished products.

Keyera is organized into three operating segments:
  1. Gathering and Processing. Keyera owns and operates raw gas gathering pipelines and processing plants, which collect and process raw natural gas, remove waste products and separate the economic components—primarily NGLs—before the sales gas is injected into pipeline systems for transportation to end-use markets....

CANADIAN NATIONAL RAILWAY CO. $156 is a buy. The company (Toronto symbol CNR; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 662.4 million; Market cap: $103.3 billion; Price-to-sales ratio: 5.9; Dividend yield: 2.0%; TSINetwork Rating: Above Average; www.cn.ca) operates Canada’s largest railway....
We picked computer outsourcing specialist CGI as your #1 Aggressive Buy for 2023. This is the seventh year in a row that we’ve selected CGI as a top buy, and our readers have profited from the stock’s 119% rise over that time. Compare that to the 31% gain for the S&P/TSX Composite Index.


The company tends to fuel its growth with acquisitions....
A: Ascent Solar Technologies Inc., $0.12, symbol ASTI on Nasdaq (Shares outstanding: 49.9 million; Market cap: $6.0 million; www.ascentsolar.com), provides thin-film solar panels aimed at installations that don’t allow for use of a rigid product.

Ascent moved its shares to the Nasdaq exchange in August 2022 from the Over-the-Counter market.

Thin-film panels convert light energy into electrical energy just like traditional systems, but their thin-film solar panels use flexible second-generation silicon cells to do it....