Get a 4.9% yield from IBM Corp.

Get a 4.9% yield from IBM Corp.

This computer firm is once again transforming itself as a leading provider of cloud-based computing services. Its “hybrid cloud” technology runs programs on remote servers as well as on the client’s own computers and that gives it an edge over competitors.

As part of its new… Read More

Telus forms key IBM link

TELUS, $30.26, is a buy. The stock (Toronto symbol T; Shares outstanding: 1.4 billion; Market cap: $40.9 billion; TSINetwork Rating: Above Average; Dividend yield: 4.3%; gives you a stake in a wireless business with 11.2 million subscribers. It also has 1.1 million landline phone customers in B.C., Alberta… Read More

These quality techs will rebound faster

Technology stocks have come down from their 2021 highs, as it looks increasing likely that the U.S. Federal Reserve will soon raise interest rates in response to rising inflation. That could slow the global economic recovery as the COVID-19 pandemic eases.
Even so, we feel top-quality… Read More

Three key updates to spur your success

LOBLAW COMPANIES LTD. $101 is a buy. The company (Toronto symbol L; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 338.1 million; Market cap: $34.1 billion; Price-to-sales ratio: 0.6; Dividend yield: 1.4%; TSINetwork Rating: Above Average; is Canada’s largest food retailer, with 1,096 supermarkets. It also owns the… Read More

IBM still attractive post spinof

INTERNATIONAL BUSINESS MACHINES CORP. $129 is a buy. The company (New York symbol IBM, Conservative-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 893.5 million; Market cap: $115.3 billion; Dividend yield: 5.1%; Dividend Sustainability Rating: Rating: Above Average; has now completed the spinoff of the Managed Infrastructure Services… Read More

Profit from IBM’s spinoff opportunity

Profit from IBM’s spinoff opportunity

Improved sales led to a 0.3% revenue bump for this company during the most-recent quarter. It also beat the consensus earnings estimate.

A recent spinoff offered its investors an interesting opportunity going forward.

Meanwhile the stock trades at just 11.5 times the company’s 2022 earnings forecast.