Chevron Corp.

New York symbol CVX, is the second-largest integrated oil company in the United States after ExxonMobil. Production accounts for about 80% of its earnings. The remaining 20% comes from refineries and retail gas stations.

Chevron rebounded strongly as re-opening of the global economy lifted crude oil prices—the stock is up 62% in the past year compared to the 14% drop for the S&P 500 Index.


While oil prices could suffer if the economy weakens, higher profits from Chevron’s refining operations (which need crude oil) would help offset that decline....
ALGONQUIN POWER & UTILITIES CORP., $14.74, Toronto symbol AQN, is a top pick for 2022.

The company has two main businesses: the Regulated Services Group provides regulated electricity, gas, water distribution and wastewater collection services in Canada, the U.S., Chile, and Bermuda; and the Renewable Power Group produces electricity from about 40 clean-energy plants in North America.

Algonquin last raised your quarterly dividend with the July 2022 payment....
CINTAS CORP., $388.19, Nasdaq symbol CTAS, is a buy for aggressive investors.

The company designs and makes uniforms, then sells them to businesses, mainly in North America. It also offers related products and services such as office-cleaning and first-aid kits.

Cintas continues to benefit as more businesses, particularly airlines and hotels, re-open....
NEWELL BRANDS INC. $20 remains a hold. The consumer products maker (Nasdaq symbol NWL; Conservative-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 413.6 million; Market cap: $8.3 billion; Dividend yield: 4.6%; Dividend Sustainability Rating: Above Average; www.newellbrands.com) last raised its quarterly dividend with the June 2017 payment....
CHEVRON CORP. $163 is a buy. The company (New York symbol CVX; Conservative Growth Portfolio, Resources sector; Shares outstanding: 2.0 billion; Market cap: $326.0 billion; Price-to-sales ratio: 1.5; Dividend yield: 3.5%; TSINetwork Rating: Average; www.chevron.com) is the second-largest integrated oil producer in the U.S....
CANADIAN NATIONAL RAILWAY CO., $144.79, Toronto symbol CNR, remains a buy.

CN operates Canada’s largest railway. Its 32,200-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.

With the March 2022 payment, CN raised its quarterly dividend by 19.1%....
MONDELEZ INTERNATIONAL INC., $62.65, Nasdaq symbol MDLZ, is a buy.

The company makes cookies and crackers (Oreo, Ritz), chocolate bars (Cadbury, Toblerone), gum and candy (Trident, Dentyne) and Halls cough drops.

Mondelez has agreed to buy Clif Bar & Co....
3M COMPANY, $137.65, New York symbol MMM, remains a buy.

The company makes over 60,000 consumer and industrial goods, including air purifiers, adhesives, bandages and components for medical devices. Investors tap its main brands, including Post-it notes, Scotch tape, Scotch-Brite cleaning products, Scotchguard protection and Thinsulate insulation.

3M last raised its quarterly dividend with the March 2022 payment....
3M COMPANY, $145.88, New York symbol MMM, is still a buy for long-term gains.

The company makes over 60,000 consumer and industrial goods, including air purifiers, adhesives, bandages and components for medical devices. Investors tap its main brands, including Post-it notes, Scotch tape, Scotch-Brite cleaning products, Scotchguard protection and Thinsulate insulation.

3M warned this week that China’s strict lockdowns to control the spread of COVID-19 have disrupted its manufacturing operations in that country....
The business of finance seems to attract large numbers of two kinds of people. Some take many things in life way too seriously. Others have a knack for spotting the humour in their work lives, sometimes to a point that jeopardizes their career success.

You can learn a lot about investing if you can bear to listen to the too-serious crowd....