acquisition
When choosing stocks for the Finance sector of their portfolio, most investors gravitate toward banks. However, there are many high quality, non-bank financial stocks that you should also consider. For instance, we think Intact Financial offers investors a particularly unique combination of value and growth.
For the 12 months ended October 3, 2022, while the S&P/TSX Composite Index fell 5.6%, Intact shares climbed an impressive 19.9%....
For the 12 months ended October 3, 2022, while the S&P/TSX Composite Index fell 5.6%, Intact shares climbed an impressive 19.9%....
Demand for Major Drilling’s specialized services, especially from senior gold producers, including Australia’s largest mining companies, is now recovering. Meanwhile, Computer Modelling is benefiting from expanding oil and gas drilling in response to higher energy prices....
We continue to see attractive investment opportunities for our subscribers in top drug stocks—and that includes AbbVie Inc. At the same time, over the years, we’ve found that spinoffs are about as close as you can get to a sure thing in investing. It’s one key reason why we think AbbVie—itself a spinoff—has further gains ahead for investors. We recommend this stock as a Power Buy.
ABBVIE INC., $143.13, is a buy. The company (New York symbol ABBV; TSINetwork Rating: Above Average) (www.abbvie.com; Shares outstanding: 1.8 billion; Market cap: $255.7 billion; Dividend yield: 3.9%) was formed on January 3, 2013, when Abbott Laboratories (symbol ABT on New York) split into two publicly traded companies.
Since its spinoff from Abbott Laboratories, AbbVie has depended heavily on its Humira drug to drive both its sales and earnings....
ABBVIE INC., $143.13, is a buy. The company (New York symbol ABBV; TSINetwork Rating: Above Average) (www.abbvie.com; Shares outstanding: 1.8 billion; Market cap: $255.7 billion; Dividend yield: 3.9%) was formed on January 3, 2013, when Abbott Laboratories (symbol ABT on New York) split into two publicly traded companies.
Since its spinoff from Abbott Laboratories, AbbVie has depended heavily on its Humira drug to drive both its sales and earnings....
KAR AUCTION SERVICES INC. $14 is a buy. The company (New York symbol KAR; Manufacturing & Industry sector; Shares outstanding: 115.8 million; Market cap: $1.6 billion; No dividend paid; Takeover Target Rating: Medium; www.karglobal.com) sells used and salvaged vehicles at physical auction sites in the U.S., Canada, Mexico, Europe, and the U.K.
On June 28, 2019, the company completed its spinoff of IAA Inc....
CLEVELAND-CLIFFS INC., $14.45, symbol CLF on New York, is the largest iron ore mining company in the U.S. It’s a major supplier of iron ore pellets to the North American steel industry.
The company is also the largest flat-rolled steel producer in North America after buying AK Steel for $3.0 billion in stock in 2019 and the U.S....
The company is also the largest flat-rolled steel producer in North America after buying AK Steel for $3.0 billion in stock in 2019 and the U.S....
RIOCAN REAL ESTATE INVESTMENT TRUST $18 is a buy. The REIT (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 309.1 million; Market cap: $5.6 billion; Price-to-sales ratio: 4.7; Distribution yield: 5.7%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 202 shopping centres and other properties, including 12 currently under development....
Even though oil and gas prices are down about a third from their recent peaks, they remain elevated compared to the past few years. Those high prices are letting Cenovus and Ovintiv pay down debt, which cuts their risk. Both are also increasing the cash they send to shareholders.
CENOVUS ENERGY INC....
CENOVUS ENERGY INC....
More regions are now re-opening their economies as the COVID-19 pandemic eases. That’s good news for fast-food operator Restaurant Brands, which aims to spur its long-term growth by expanding its overseas operations, which currently supply just 10% of its revenue.
RESTAURANT BRANDS INTERNATIONAL INC....
RESTAURANT BRANDS INTERNATIONAL INC....
Statistics Canada recently reported that food prices in Canada rose 10.8% on an annual basis. That’s mainly because food producers are raising their selling prices to offset higher costs for ingredients, transportation and labour.
We feel the best way to profit from higher food prices is with major retailers such as Loblaw....
We feel the best way to profit from higher food prices is with major retailers such as Loblaw....
The shares of these two heavy equipment suppliers have slumped recently as investors fear a recession would hurt their earnings growth. However, both firms now get most of their revenue from servicing equipment, which cuts their reliance on new equipment sales....