Tap the upcoming housing boom

Fortune Brands Home & Security (now called Fortune Brands Innovation) became an independent company following its spin-off from the former Fortune Brands holding company in 2011.
In December 2022, the company completed its own spinoff of its home cabinet business (MasterBrand). Fortune shareholders received one share… Read More

Earnings just rose 4.4% at Intact Financial

Earnings just rose 4.4% at Intact Financial

For 2023, we have singled-out growth stocks we think offer exceptional prospects in the year ahead. Intact Financial is a market leader in its sector.

What’s more, a recent general and specialty insurance acquisition has expanded the company’s reach into the U.K.

Meanwhile the stock trades at… Read More

ATCO LTD. – Toronto symbols ACO.X and ACO.Y

ATCO LTD. (Toronto symbols ACO.X [class I non-voting] $58 and ACO.Y [class II voting] $58; Income Portfolio, Utilities sector; Shares outstanding: 58.2 million; Market cap: $3.4 billion; Price-to-sales ratio: 1.0; Dividend yield: 2.2%; TSINetwork Rating: Above Average; www.atco.com) is a holding company. Its main subsidiary… Read More

Spinoffs & Takeovers Hotline – Friday, June 30, 2023

CASELLA WASTE SYSTEMS INC., $90.45, symbol CWST on Nasdaq, is a Vermont-based waste management company that services seven Northeastern U.S. states (Vermont, New Hampshire, New York, Massachusetts, Connecticut, Maine and Pennsylvania) through 50 collection operations, 26 recycling facilities, 9 disposal facilities, 3 landfill gas-to-energy facilities,… Read More

Intact profits with smart acquisitions

Intact Financial is now close to its recent all-time high—and the shares are up a spectacular 361% since we first recommended them at $42.95 in our April 2010 issue. We think this Power Buy is poised to keep moving even higher for our subscribers.
INTACT FINANCIAL, $197.87, is a.. Read More

Updating Our High-Growth Payers: Intact Financial

INTACT FINANCIAL CORP. $204 is a buy. The company (Toronto symbol IFC; High-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 175.3 million; Market cap: $35.8 billion; Dividend yield: 2.2%; Dividend Sustainability Rating: Above Average; www.intactfc.com) is Canada’s largest property and casualty insurance provider.
Starting with the March 2023 payment, the… Read More