acquisition

NORTONLIFELOCK INC. $21 is a buy. The security software maker (Nasdaq symbol NLOK; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 665.6 million; Market cap: $14.0 billion; Price-to-sales ratio: 4.3; Dividend yield: 2.4%; TSINetwork Rating: Average; www.nortonlifelock.com) has two main businesses: Norton computer antivirus software for individuals; and LifeLock identity-theft protection.


NortonLifeLock has just received key regulatory approval to complete its acquisition of European cybersecurity firm Avast plc for $8 billion.


Meantime, NortonLifeLock continues to attract new customers as people working from home spurs a jump in cyberattacks....

Molson Coors now expects merger savings from its acquisition of MillerCoors to save $700 million between 2017 and 2019 and it has formed a joint venture with HEXO to develop a cannabis-infused beverage.

In 2013, foodmaker Conagra acquired a leading maker of generic branded foods, often produced for foodstores to put their own labels on. However, generic brands have little customer loyalty, and the purchase failed to meet expectations.

The company later sold this business under a new strategy to focus on its better-known and more-profitable branded products....

TAMARACK VALLEY ENERGY LTD., $3.54, symbol TVE on Toronto, is an oil and gas exploration and production firm in Western Canada. The company focuses on Alberta and Saskatchewan, and its output is 74% oil and 26% gas.

On September 12, 2022, the company announced it would pay $1.4 billion in cash and stock to acquire Deltastream Energy Corp....

TECK RESOURCES LTD., $39.63, Toronto symbol TECK.B, remains a buy for investors seeking long-term gains from the Resources sector of their portfolio.

The company is a leading producer of metallurgical coal, a key ingredient in steelmaking. It also produces copper and zinc....

Once again, one of our buys has attracted an acquisition bid—and it’s just the latest of many takeover gains for us over the years.


1LIFE HEALTHCARE $17.13, is now a hold. The company (Nasdaq symbol ONEM; TSINetwork Rating: Extra Risk) (www.onemedical.com; Shares outstanding: 195.8 million; Market cap: $3.4 billion; No dividends paid) is currently the subject of an $18-a-share takeover offer from Amazon.


The deal marks a big expansion of Amazon’s push into healthcare, having piloted virtual care visits for its employees in Seattle in 2019....

Intact Financial is now hitting new highs—and the shares are up a spectacular 364% since we first recommended them at $42.95 in our April 2010 issue. We think this Power Buy is poised to keep moving even higher for our subscribers.


INTACT FINANCIAL, $199.33, is a buy. The insurer (Toronto symbol IFC; TSINetwork Rating: Extra Risk) (www.intactfc.com; Shares outstanding: 175.4 million; Market cap: $35.2 billion; Dividend yield: 2.0%) is Canada’s largest provider of property and casualty coverage: it insures more than five million individuals and businesses....

A: Martin Marietta Materials Inc., $331.87, symbol MLM on New York (Shares outstanding: 62.4 million; Market cap: $20.9 billion; Manufacturing sector; TSINetwork Rating: Average; www.martinmarietta.com), is a leading supplier of building materials....

A: Bumble Inc., $23.01, symbol BMBL on Nasdaq (Shares outstanding: 129.6 million; Market cap: $4.4 billion; www.bumble.com), is a dating app created for women by founder and CEO Whitney Wolfe Herd in 2014....

GOODFELLOW INC., $11.38, symbol GDL on Toronto, is a diversified manufacturer of value-added lumber products, as well as a wholesale distributor of building materials and floor coverings.

The company distributes its products across Canada. It services commercial and residential customers through lumberyard retailer networks, manufacturers, industrial and infrastructure project partners, and floor covering specialists....