Spinoff spotlight: IAA Inc.

IAA INC. $40 is a hold. The company (New York symbol IAA; Manufacturing & Industry sector; Shares outstanding: 133.9 million; Market cap: $5.4 billion; No dividend paid; Takeover Target Rating: Highest; www.iaai.com) salvages damaged vehicles and sells them through online auctions.
In June 2019, KAR Auction Services Inc. (New York… Read More

Shareholders approve takeover offer

HOME CAPITAL GROUP INC. $41 is a hold. The company (Toronto symbol HCG; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 42.6 million; Market cap: $1.7 billion; Price-to-sales ratio: 3.5; Dividend yield: 1.5%; TSINetwork Rating: Speculative; www.homecapital.com) is a mortgage lender serving borrowers who fail to meet the stricter… Read More

Our stock updates help protect your gains

TMX GROUP LTD. $139 is a hold. The company (Toronto symbol X; Finance sector; Shares outstanding: 55.6 million; Market cap: $7.7 billion; Dividend yield: 2.4%; Takeover Target Rating: Medium; www.tmx.com) owns Canada’s two primary stock exchanges, the Toronto Stock Exchange and the Montreal Exchange, as well as clearing entities… Read More

Yamana gives you an extra boost

YAMANA GOLD $5.11 is a precious metal buy. The gold miner (Toronto symbol YRI; Resources Sector; Shares outstanding: 950.4 million; Market cap: $4.9 billion; Dividend yield: 1.0%; Takeover Target Rating: Highest; www.yamana.com) lets you tap six gold mines, in Canada, Brazil, Chile and Argentina. It also holds 20.5% of… Read More