IBM

As we’ve often pointed out, IPOs (initial public offerings) tend to come to market when it’s a good time for the company or its insiders to sell. That may not be, and often isn’t, a good time for you to buy.

One common problem is that the IPO sales process drums up a temporary wave of buying that can push up the stock’s price....
IBM, $183.66, is still a buy. The stock (New York symbol IBM; Shares outstanding: 913.1 million; Market cap: $171.6 billion; TSINetwork Rating: Above Average; Dividend yield: 3.6%) is near new highs after releasing its latest results.


In the past few years, IBM has shifted its focus to its more-profitable cloud computing, consulting and mainframe businesses....
CANADIAN TIRE CORP., $148.00, Toronto symbol CTC.A, is a top pick for 2024.

Investors benefit from the company’s 502 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations....
For 2024, we’ve selected Canadian Tire, IBM and Choice Properties REIT as our top three picks for dividend investors.


All three are market leaders and have a long history of regular income payments, even during economic downturns. That cuts your risk....
IMPERIAL OIL LTD., $78.60, Toronto symbol IMO, is a buy.

The company gets over 90% of its production from oil sands operations in Alberta. Imperial also has conventional oil and natural gas operations in the West and holds stakes in offshore projects in Atlantic Canada.

Its other operations include three refineries (one in Alberta, two in Ontario) and a petrochemical plant in Sarnia, Ontario.

With the July 2023 payment, the company raised your quarterly dividend by 13.6%, to $0.50 a share from $0.44....
IBM, $160.10, is still a buy. The company (New York symbol IBM; Shares outstanding: 913.1 million; Market cap: $147.5 billion; TSINetwork Rating: Above Average; Dividend yield: 4.2%) in the past few years has shifted its focus to its more-profitable cloud computing, consulting and mainframe businesses....
ALPHABET INC., Nasdaq symbols GOOG $142.80 [class C: non-voting] and GOOGL $141.51 [class A: one vote per share], is your #1 Aggressive buy for 2023.

The company is the parent of Google, the world’s leading Internet search engine—it handles over 80% of global search requests....
Technology firms tend to pay lower dividends than say, utilities, as they must spend large amounts of their revenue on research to remain competitive. Here are two legacy tech firms that offer investors an attractive combination of growth and income.


INTEL CORP....
TERADATA CORP. $43 is still a hold. The company (New York symbol TDC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 97.8 million; Market cap: $4.2 billion; Price-to-sales ratio: 2.5; No dividend paid; TSINetwork Rating: Average; www.teradata.com) makes computers and software to capture and store large amounts of data for its clients—individual businesses....
KYNDRYL HOLDINGS INC. $20 is a hold. The company (New York symbol KD; Conservative Growth Portfolio; Manufacturing sector; Shares o/s: 229.5 million; Market cap: $4.6 billion; No dividends paid; P-to-S ratio: 0.3; TSINetwork Rating: Extra Risk; www.kyndryl.com) took its current form in November 2021 when IBM spun off its legacy business of helping corporate and government clients manage their datacentres....