acquisition

NEWMONT CORP. $52.07, remains a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Shares o/s: 793.8 million; Market cap: $34.6 billion; TSINetwork Rating: Average; Dividend yield: 3.1%; www.newmont.com) has completed the sale of its common shares of Triple Flag Precious Metal Corp....

Insurers write policies, collect premiums from customers, and then invest those premiums to meet future claims. They’re required to invest significant amounts of that money in fixed-income instruments, namely bonds. That means high interest rates are a boon to their returns....

CANADIAN PACIFIC RAILWAY $102.02 (Toronto symbol CP; shares o/s: 930.9 million; Market cap: $96.6 billion; Rating: Above Average; Dividend yield: 0.7%) has finally received approval from the U.S. Surface Transportation Board for its $31 billion acquisition of U.S.-based railway Kansas City Southern (KCS).


CP will now begin merging the two businesses on April 14, 2023....

A: PetMed Express Inc., $16.13, symbol PETS on Nasdaq, (Shares outstanding: 21.1 million; Market cap: $342.4 million; www.1800petmeds.com), is a leading online pet pharmacy selling across the U.S....

CHIPOTLE MEXICAN GRILL INC., $1,708.29, is a buy. The stock (symbol CMG on New York) lets you tap this Mexican restaurant chain, headquartered in Denver. The company is a fast-food leader charging slightly higher prices than its competitors but offering better quality food, including naturally raised meat.

Last year, Chipotle created a new venture fund, Cultivate Next, which is aimed at providing early-stage investments to companies that align with its own mission....

SABRE CORP., $4.29, symbol SABR on Nasdaq, provides technology to the global travel and tourism industry.

Its software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage their critical operations....

NEWELL BRANDS INC. $12 remains a hold. The company (Nasdaq symbol NWL; Aggressive Growth and Income Portfolios, Consumer sector; Shares outstanding: 413.5 million; Market cap: $5.0 billion; Price-to-sales ratio: 0.7; Dividend yield: 7.7%; TSINetwork Rating: Average; www.newellbrands.com) makes a wide range of consumer and household products such as PaperMate pens, Elmer’s glue, Rubbermaid food containers, Graco baby strollers, Coleman camping gear and Oster kitchen appliances.


In January 2023, Newell announced that it would cut 13% of its office staff to help save costs....

The number of cyberattacks on businesses and individuals continue to increase as more functions move to cloud-computing (Internet based) platforms. That trend is good news for these two firms that help prevent data breaches. However, we feel Gen Digital is the better pick for your new buying.


GEN DIGITAL INC....

Prices for commodities such as crude oil, iron ore and copper have weakened lately as investor fear rising interest rates will trigger an economic slowdown. Even so, we continue to recommend all investors maintain exposure to resources as the sector’s high-quality producers will still gain as the economy rebounds.


CHEVRON CORP....

Canada’s grocery store operators have come under pressure for generating above-average profits in the wake of the COVID-19 pandemic. However, rising costs for food and labour are squeezing their profit margins. We feel high-quality grocers like Metro will adapt, and keep rewarding investors with higher dividends and share buybacks.


METRO INC....