Industrial stocks keep rewarding investors

These three industrial stocks have rebounded strongly from their pandemic lows as the economy re-opens. While supply-chain disruptions and rising costs for labour and shipping add risk, all three continue to reward investors with higher dividends and share buybacks. Even so, not all of them… Read More

This acquisition looks promising

GENUINE PARTS CO. $134 is a buy. The company (New York symbol GPC; Income-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 143.2 million; Market cap: $19.2 billion; Dividend yield: 2.4%; Dividend Sustainability Rating: Above Average; www.genpt.com) last raised its quarterly dividend by 3.2% with the April 2021 payment… Read More

Key updates for dividend-focused investors

MCDONALD’S CORP. $243 is a buy. The fast-food giant (New York symbol MCD; Income-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 746.8 million; Market cap: $181.5 billion; Dividend yield: 2.1%; Dividend Sustainability Rating: Highest; www.mcdonalds.com) now has 39,396 restaurants in about 120 countries. It last… Read More

Earnings just jumped 87.5% at Genuine Parts Co.

Earnings just jumped 87.5% at Genuine Parts Co.

Improved sales of automotive parts led to a 9.1% revenue rise for this company during the most-recent quarter.

A cost control plan continues to help boost earnings, while the stock trades at 23.0 times the company’s 2021 earnings forecast.

GENUINE PARTS CO. (New York symbol GPC; www.genpt.com)… Read More

Cyclical gains fuel this dividend

GENUINE PARTS CO. $125 is a buy. The company (New York symbol GPC; Income-Growth Payer Portfolio, Manufacturing & Industry sector; Shares o/s: 144.5 million; Market cap: $18.1 billion; Dividend yield: 2.6%; Dividend Sustainability Rating: Above Average; www.genpt.com) is a leading seller of replacement auto parts. It has 1,100 company-owned… Read More

They’re poised for post-pandemic gains

Genuine Parts and Snap-On both stand to gain as COVID-19 shutdowns ease and car sales rebound. However, we feel Genuine’s businesses outside of auto parts and wider geographic presence better protects it from possible future shutdowns.
GENUINE PARTS CO. $115 is a buy. The company (New York symbol… Read More