Virus slows recovery for GE investors

GENERAL ELECTRIC CO. $7.29 is still a hold. The company (New York symbol GE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 8.7 billion; Market cap: $63.4 billion; Price-to-sales ratio: 0.7; Dividend yield: 0.6%; TSINetwork Rating: Average; www.ge.com) has three main businesses: aviation (jet engines and aircraft… Read More

Q: What are your thoughts on the long-term prospects of Medtronics plc, a maker of medical devices including ventilators? Thanks.

A: Medtronic plc, $100.85, symbol MDT on New York, (Shares outstanding: 1.3 billion; Market cap: $135.0 billion; www.medtronic.com), develops, manufactures, distributes, and sells a wide range of healthcare-related  devices and equipment. Based on revenue, the company is the world’s largest medical device provider.

Medtronic operates in… Read More

Earnings are up 65% at Innergex Renewable Energy Inc.

Earnings are up 65% at Innergex Renewable Energy Inc.

Recent acquisitions led to a 22.6% jump in revenue for this company during the most-recent quarter.

The company looks to keep growing through acquisitions while continuing to develop its own projects.

The stock trades at just 10.4 times the company’s 2020 cash flow forecast.


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INNERGEX RENEWABLE ENERGY INC… Read More

Investors should profit from their smaller size

These two industrial giants are aggressively shrinking their operations. That should improve their outlook as investors tend to prefer smaller, easier-to-understand businesses. Even so, we prefer ABB over GE for your new buying.
ABB LTD. ADRs $22 is a buy. The stock (New York symbol ABB; Conservative Growth… Read More

New spinoff offers you more gains

We recommended investors buy Danaher in our very first issue (October 2017). At that time, this industry leader had just spun off its Fortive unit. Those who followed our advice have seen a market-beating gain of 57% in two years. The stock remains a buy… Read More

Innergex grows in Texas

INNERGEX RENEWABLE ENERGY $15.30 (Toronto symbol INE; Shares o/s: 133.6 million; Market cap: $2.0 billion; TSINetwork Rating: Extra Risk; Dividend yield 4.6%; www.innergex.com) operates 37 hydroelectric plants, 25 wind farms and four solar power fields.

The company has just begun commercial operations at its 350.3 megawatt… Read More