acquisition

A key aspect of our Successful Investor approach is looking for stocks with hidden or underappreciated assets. Those assets include, for example, undervalued real estate holdings as well as the high research spending of technology companies.

Hidden assets also come in the form of businesses that a company can sell or spin off to unlock value for investors....

CUMMINS INC., $244.78, symbol CMI on New York, designs, manufactures, distributes and services diesel, natural gas, electric, hybrid powertrains, and powertrain-related components, including control & fuel systems, automated transmissions, batteries, electrified power systems, hydrogen production, and fuel cell systems.

Cummins serves customers in 190 countries through 500 company-owned and independent distributors and through 9,000 dealers.

In August 2022, the company completed the acquisition of Meritor Inc....

ALPHABET INC., Nasdaq symbols GOOG $96.58 [class C: non-voting] and GOOGL $96.29 [class A: one vote per share], is your #1 Aggressive Buy for 2022.

The stock is the parent of Google, the world’s leading Internet search engine. It gets most of its revenue from online advertising.

In addition to search, Google also offers a variety of other services and products....

Technology stocks generally move up and down with the overall economy. Now that a recession seems likely, businesses and consumers are scaling back their spending on new computers and software.


We feel now—ahead of the next cyclical upswing—is a good time to add high-quality tech stocks with solid long-term outlooks....

Food prices climbed 11.4% in September 2022 from a year earlier, according to StatsCan. A good way to offset those costs are shares in these two supermarket operators—as rising prices give them more cash for dividends.


LOBLAW COMPANIES LTD. $113 is a buy. The company (Toronto symbol L; Conservative-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 327.0 million; Market cap: $37.0 billion; Dividend yield: 1.4%; Dividend Sustainability Rating: Highest; www.loblaw.ca) operates 1,091 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills....

TD Bank recently announced two big acquisitions in the U.S. These new businesses will expand its already-strong presence south of the border as the world’s largest economy recovers from the COVID-19 pandemic. TD’s additional earnings will also continue to fuel its dividend growth.


TORONTO-DOMINION BANK $87 is a buy. The lender (Toronto symbol TD; Income-Growth Payer Portfolio; Finance sector; Shares outstanding: 1.8 billion; Market cap: $156.6 billion; Dividend yield: 4.1%; Dividend Sustainability Rating: Highest; www.td.com) last raised your quarterly dividend with the January 2022 payment....

A: The Cooper Companies Inc., $264.34, symbol COO on New York (Shares outstanding: 49.3 million; Market cap: $12.8 billion; Manufacturing sector; TSINetwork Rating: Average; www.coopercos.com), is a California-based healthcare business with two operating segments.

The first segment is Cooper Vision (75% of revenues); it manufactures and markets soft contact lenses for the vision-correction market worldwide....

A: Clean Harbors Inc., $119.25, symbol CLH on New York (Shares outstanding: 54.1 million; Market cap: $6.4 billion; Manufacturing sector; TSINetwork Rating: Extra Risk www.cleanharbors.com), is a provider of hazardous waste solutions, emergency spill response, industrial cleaning and maintenance, and recycling services.

Through its Safety-Kleen business, Clean Harbors is also North America’s largest re-refiner and recycler of used oil and a leading provider of parts washers and environmental services to commercial, industrial and automotive customers.

Founded in 1980 and based in Massachusetts, the company operates in the U.S., Canada, Mexico, Puerto Rico and India.

Clean Harbors serves a diverse customer base, including most Fortune 500 companies....

CONSTELLATION SOFTWARE INC., $1,881.78, symbol CSU on Toronto, sells software tailored to individual businesses and agencies. It has more than 125,000 customers operating in both the public and private sectors of more than 100 countries.

The company is known for acquiring software companies and then successfully integrating them and adding value....

BIRCHCLIFF ENERGY LTD., $9.97, is a buy for aggressive investors. The company (symbol BIR on Toronto) develops and produces oil and gas, mainly in the Peace River Arch area of both Alberta and B.C. Its average output of 73,746 barrels of oil equivalent per day is 83% natural gas and 17% oil.

Cash flow in the quarter ended June 30, 2022, jumped sharply, to 1.08 a share from $0.34 a year earlier....