acquisition

A: PPG Industries Inc., $129.69, symbol PPG on New York (Shares outstanding: 235.0 million; Market cap: $30.5 billion; Manufacturing sector; TSINetwork Rating: Average; www.ppg.com), is the world’s largest producer of coatings and paints for the automotive, aerospace, construction, and industrial markets....

TELUS CORP., $27.25, Toronto symbol T, is your #1 Income Buy for 2023.

The company is Canada’s second-largest wireless carrier (after BCE) with 12.16 million subscribers. It also sells landline phone, Internet and TV services in B.C., Alberta and eastern Quebec.

With the January 2023 payment, Telus increased your quarterly dividend by 3.7%, to $0.3511 a share from $0.3386....

CHIPOTLE MEXICAN GRILL INC., $1,583.89, remains 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.

In the quarter ended December 31, 2022, sales were up 11.2%, to $2.18 billion from $1.96 billion a year earlier....

NEWMONT CORP., $47.98, New York symbol NEM, remains a buy, for your long-term growth and as a hedge against inflation.

The stock gives you exposure to the world’s largest gold miner following Newmont’s April 2019 acquisition of Vancouver-based Goldcorp Inc....

MARINEMAX INC., $30.75, symbol HZO on New York, operates as a recreational
boat and yacht retailer and superyacht services firm in the U.S.

The company sells new and used recreational boats, including pleasure and fishing boats, mega-yachts, yachts, sport cruisers, motor yachts, ski boats, jet boats, and other recreational boats....

The current uncertainty caused by rising interest rates and still-high inflation has prompted Canada’s big banks to increase their loan-loss provisions. Even so, those provisions remain well below their 2020 pandemic peaks.


ROYAL BANK OF CANADA $140 is a buy. The bank (Toronto symbol RY; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.4 billion; Market cap: $196.0 billion; Price-to-sales ratio: 3.9; Dividend yield: 3.8%; TSINetwork Rating: Above Average; www.rbc.com) recently agreed to pay $13.5 billion in cash for the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC)....

MAGNET FORENSICS INC., $44.13, symbol MAGT on Toronto, is a provider of digital investigation software that helps recover evidence from cloud services, mobile phones, computers and other digital devices. Magnet employs 394 people in six offices and now has over 4,600 customers in 92 countries.

The company’s software lets investigators collect digital evidence that is legally obtainable, but hard to access, such as recovering deleted files from a hard drive....

THERMO FISHER SCIENTIFIC INC., $587.76, is a buy. The company (symbol TMO on New York) lets you tap this leading manufacturer of scientific instruments, laboratory equipment, diagnostic consumables, and life science reagents.

The shares are now up 80.4% for our subscribers since we first recommended the stock in the May 2020 issue of Power Growth Investor at $325.83 a share....

ALPHABET INC., Nasdaq symbols GOOG $105.22 [class C: non-voting] and GOOGL $104.78 [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....

INNERGEX RENEWABLE ENERGY, $15.99, is a buy. The power generator (Toronto symbol INE; Shares outstanding: 204.1 million; Market cap: $3. billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.5%; www.innergex.com) operates 40 hydroelectric plants, 35 wind farms and eight solar power fields.


The company recently completed the acquisition of the remaining 37.75% interest in its 138-megawatt Mountain Air wind portfolio in Idaho....