Two blue-chip stocks for your new buying

Camadian Pacific Kansas City and IBM are leading competitors in their respective markets. We still see both stocks as buys.
CANADIAN PACIFIC KANSAS CITY, $99.32, is a buy. The company (Toronto symbol CP; shares outstanding: 931.8 million; Market cap: $92.6 billion; Rating: Above Average; Dividend yield: 0.8%) ships freight over… Read More

IBM tightens its focus

IBM, $146.86, is still a buy. The company (New York symbol IBM; Shares o/s: 911.0 million; Market cap: $133.4 billion; TSINetwork Rating: Above Average; Dividend yield: 4.5%) has now agreed to sell its weather business to private equity firm Francisco Partners. The sale price has not yet been… Read More

The former parent is the better choice

On November 3, 2021, IBM spun off Kyndryl—the new name for its business that helps corporate and government clients manage their datacentres. Investors received one Kyndryl share for every five IBM shares they held.
Since the split, IBM has gained 15%. However, due to its focus… Read More

A brighter outlook for IBM

IBM, $144.17, is still a buy. The company (New York symbol IBM; Shares o/s: 911.0 million; Market cap: $130.6 billion; TSINetwork Rating: Above Average; Dividend yield: 4.6%) is one of the world’s largest computer companies, with operations in over 175 countries.
In the past few years, IBM has shifted… Read More

Dividend Advisor Hotline – Friday, July 7, 2023

CANADIAN TIRE CORP., $181.87, Toronto symbol CTC.A, is a top pick for 2023.

Investors benefit from the company’s 504 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations. The company’s other operations also enrich its outlook… Read More