acquisition
Here are your top picks for new buying in 2023, and once again we’ve selected three stocks from our TSI Portfolios (Conservative, Aggressive and Income).
Each of the three is a leader in its markets, which helps cut your risk if the economy weakens....
Each of the three is a leader in its markets, which helps cut your risk if the economy weakens....
DRAFTKINGS INC., $11.63, is still a buy. The digital sports entertainment and gaming company (symbol DKNG on Nasdaq) currently provides sports betting in several U.S. states: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Louisiana, Michigan, Mississippi, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming and Ohio....
SIX FLAGS ENTERTAINMENT CORP., $25.79, symbol SIX on New York, is the world’s largest operator of regional theme and water parks. It currently operates 25 in the U.S., two in Mexico, and one in Canada.
On December 21, 2022, Connecticut-based Land & Buildings Investment Management LLC released a presentation highlighting why it thinks Six Flags is undervalued....
On December 21, 2022, Connecticut-based Land & Buildings Investment Management LLC released a presentation highlighting why it thinks Six Flags is undervalued....
CENOVUS ENERGY, $24.43, is a buy for long-term gains. The company (Toronto symbol CVE; Shares outstanding: 1.9 billion; Market cap: $46.9 billion; TSINetwork Rating: Extra Risk; Dividend yield: 1.9%; www.cenovus.com) is now Canada’s third-largest producer of oil and natural gas, and the country’s second-largest refiner.
Cenovus plans to spend between $4.0 billion and $4.5 billion on exploration and upgrades in 2023....
Cenovus plans to spend between $4.0 billion and $4.5 billion on exploration and upgrades in 2023....
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....
MAXAR TECHNOLOGIES INC., $51.78, symbol MAXR on New York, changed its name from MacDonald Dettwiler and Associates in October 2017.
The company remains a global provider of communications systems, high-resolution earth-imagery products and services, and information systems for the surveillance/intelligence and communications markets....
The company remains a global provider of communications systems, high-resolution earth-imagery products and services, and information systems for the surveillance/intelligence and communications markets....
GEN DIGITAL INC. $22 is a buy. The company (Nasdaq symbol GEN; High-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 581.3 million; Market cap: $12.8 billion; Dividend yield: 2.3%; 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....
Despite the real possibility of an economic slowdown in 2023, Canada’s big banks remain high-quality buys for dividend investors. That’s mainly due to the tougher new lending standards and stress-tests that the federal government brought in following the 2008 financial crisis....
Becton has held up well despite the current market downturn—it’s up 3% in the past year compared to the 16% drop for the S&P 500 Index. However, Baxter is down 40% as its latest acquisition has failed to live up to market expectations. Even so, easing of the COVID-19 pandemic should spur demand for their products as hospitals resume regular medical procedures....
An easy way for investors to gain international exposure is with well-established foreign firms whose shares trade as American Depositary Receipts on the New York exchange. Here are updates on three of our favourite ADR stocks (including Diageo, see box).
ABB LTD....