What is Pat’s commentary for the week of May 4, 2021

International Flavors & Fragrances recently completed its merger with the nutrition and biosciences business of DuPont. This follows another major purchase—the company’s 2018 acquisition of Frutarom, an Israel-based maker of flavourings.

As we often remind investors, using acquisitions to expand adds risk. However, these two purchases… Read More

Here are key updates on 3 dividend payers: Power Corp., CIBC and Archer Daniels Midland Co.

POWER CORP. $25 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 621.4 million; Market cap: $15.5 billion; Dividend yield: 7.2%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) last raised its quarterly dividend by 10.5% with the May 2020 payment, to $0.4475 a.. Read More

These updates help direct your investing

HP INC. $15 is a hold. The company (New York symbol HPQ; Manufacturing sector; Shares outstanding: 1.4 billion; Market cap: $21.0 billion; Dividend yield 4.5%; Takeover Target Rating: Medium; www.hp.com) took its current form on November 1, 2015, when the old Hewlett-Packard Co. split into two firms—HP Inc. (which… Read More

‘Carveout’ sets investors up for higher gains

Foodmaker Post Holdings recently initiated a “carve-out,” using an IPO to sell a portion of its active nutrition business, BellRing Brands. That now pure-play firm makes protein bars, shakes and nutritional supplements.
Post used the proceeds from the sale to pay down its debt and strengthen… Read More