Broadridge Financial Solutions
Artificial intelligence (AI) is an example of an investment idea that could boost your investment returns, or, more likely, end up costing you money. All in all, we think that the biggest, surest gains from AI will come from investing in established businesses that are already profitable and growing, and that can gain all the more by applying AI to their operations.
Here are two companies that are already profitably taking advantage of AI, and they should be among the leaders in the push to extend AI’s use:
Here are two companies that are already profitably taking advantage of AI, and they should be among the leaders in the push to extend AI’s use:
Broadridge Financial Solutions just grew earnings 69.6% with 13.1% higher revenues as internal growth and strategic acquisitions continue to pay off.
We continue to recommend investors diversify their Finance sector holdings with non-banking stocks. You can further cut your risk with high-quality firms that dominate their niche markets, such as eBay and Broadridge.
EBAY INC. $39 is a buy. The company (Nasdaq symbol EBAY; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 549.4 million; Market cap: $21.4 billion; Price to-sales ratio: 2.3; Dividend yield: 2.3%; TSINetwork Rating: Above Average; www.ebay.com) operates e-commerce websites, in over 190 countries, where sellers pay fees to auction items or offer them at fixed prices.
eBay’s revenue in the second quarter of 2022 fell 5.9%, to $2.42 billion from $2.67 billion a year earlier.
The decline is mainly because stores are re-opening as COVID-19 lockdowns end....
EBAY INC. $39 is a buy. The company (Nasdaq symbol EBAY; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 549.4 million; Market cap: $21.4 billion; Price to-sales ratio: 2.3; Dividend yield: 2.3%; TSINetwork Rating: Above Average; www.ebay.com) operates e-commerce websites, in over 190 countries, where sellers pay fees to auction items or offer them at fixed prices.
eBay’s revenue in the second quarter of 2022 fell 5.9%, to $2.42 billion from $2.67 billion a year earlier.
The decline is mainly because stores are re-opening as COVID-19 lockdowns end....
J.P. MORGAN CHASE & CO. $115 is a buy. The U.S. banking giant (New York symbol JPM; Conservative-Growth Payer Portfolio, Finance sector; Shares outstanding: 3.0 billion; Market cap: $345.0 billion; Dividend yield: 3.5%; Dividend Sustainability Rating: Above Average; www.jpmorganchase.com) raised your quarterly dividend with the October 2021 payment by 11.1%, to $1.00 a share from $0.90....
BROADRIDGE FINANCIAL SOLUTIONS INC. $136 is a buy. The company (New York symbol BR; Aggressive Growth Portfolio, Finance sector; Shares o/s: 116.8 million; Market cap: $15.9 billion; Price-to-sales ratio: 2.9; Divd. yield: 1.9%; TSINetwork Rating: Average; www.broadridge.com) serves the investment industry in three main areas: investor communications, securities processing and transaction clearing.
In its fiscal 2022 third quarter, ended March 31, 2022, revenue rose 10.4%, to $1.53 billion from $1.39 billion a year earlier....
In its fiscal 2022 third quarter, ended March 31, 2022, revenue rose 10.4%, to $1.53 billion from $1.39 billion a year earlier....
SUNCOR ENERGY INC., $46.92, Toronto symbol SU, remains a buy.
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. Suncor also operates four refineries (three in Canada and one in Colorado), along with 1,875 Petro-Canada gas stations.
Suncor is now increasing your quarterly dividend by 11.9%....
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. Suncor also operates four refineries (three in Canada and one in Colorado), along with 1,875 Petro-Canada gas stations.
Suncor is now increasing your quarterly dividend by 11.9%....
RUSSEL METALS INC., $32.90, is a buy. Through their shares, investors tap one of North America’s largest metal distributors: the company (symbol RUS on Toronto) serves 33,000 clients at 48 locations in Canada and 16 others in the U.S.
Russel’s revenue in the three months ended March 31, 2022, jumped 51.2%, to $1.34 billion from $885.4 million a year earlier....
Russel’s revenue in the three months ended March 31, 2022, jumped 51.2%, to $1.34 billion from $885.4 million a year earlier....
BROADRIDGE FINANCIAL SOLUTIONS INC. $151 is a buy. The company (New York symbol BR; Aggressive Growth Portfolio, Finance sector; Shares o/s: 116.8 million; Market cap: $17.6 billion; Price-to-sales ratio: 3.2; Divd. yield: 1.7%; TSINetwork Rating: Average; www.broadridge.com) serves the investment industry in three main areas: investor communications, securities processing and transaction clearing.
In its fiscal 2022 second quarter, ended December 31, 2021, revenue rose 19.4%, to $1.26 billion from $1.05 billion a year earlier....
In its fiscal 2022 second quarter, ended December 31, 2021, revenue rose 19.4%, to $1.26 billion from $1.05 billion a year earlier....
BCE INC., $66.66, Toronto symbol BCE, is a buy.
The company is Canada’s largest traditional telephone service provider. It also provides wireless services and high-speed Internet access, in addition to owning TV and radio stations.
BCE has raised its dividend rate each year since 2008....
The company is Canada’s largest traditional telephone service provider. It also provides wireless services and high-speed Internet access, in addition to owning TV and radio stations.
BCE has raised its dividend rate each year since 2008....