investment

Artificial intelligence (AI) is an example of an investment idea that could boost your investment returns, or, more likely, end up costing you money. All in all, we think that the biggest, surest gains from AI will come from investing in established businesses that are already profitable and growing, and that can gain all the more by applying AI to their operations.


Here are two companies that are already profitably taking advantage of AI, and they should be among the leaders in the push to extend AI’s use:


PAGERDUTY INC., $19.68, is a buy. The company (New York symbol PD; TSINetwork Rating: Extra Risk) (www.pagerduty.com; Shares outstanding: 95.6 million; Market cap: $1.9 billion; No dividends paid) operates a platform that collects real-time data from software systems and devices and then notifies its IT customers of any incident that could harm their operations.


The PagerDuty platform sits on top of a company’s technology systems, taking in data....

BAXTER INTERNATIONAL INC. $36 is a buy. The company (New York symbol BAX; Manufacturing sector; Shares outstanding: 510.2 million; Market cap: $18.4 billion; Dividend yield: 3.2%; Takeover Target Rating: Medium; www.baxter.com) has agreed to sell its Renal Care and Acute Therapies unit to investment firm Carlyle Group Inc....

Here are some of the main types of top Canadian growth stocks—and how to assess which ones offer you the best prospects

Allied Properties REIT offers a very high 10.5% yield as it continues to maintain a high occupancy rate despite continued work-from-home trends.

IGM Financial Inc. offers a high 5.9% yield from an expanding asset base with rising revenues -- the stock remains cheap at just 10.0 times forecast earnings.

If you could find a stock that meets a variety of these attractive factors, then you may have found one of the best stocks to buy right now

ITT INC., $135.04, symbol ITT on New York, manufactures highly engineered critical components and customized technology solutions primarily for the transportation, industrial and energy markets. It operates in three primary segments: Motion Technologies (44% of revenue), Industrial Process (34%), and Connect & Control Technologies (22%).

Geographically, the company generates revenue from North America (42%), Europe (32%), Asia (17%), and elsewhere (9%).

ITT continues to reshape its portfolio of business to diversify and focus on higher-growth markets.

On January 19, 2024, the company completed its acquisition of Svanehoj....

CANADIAN TIRE CORP., $151.58, 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....

STARBUCKS CORP., $94.81, Nasdaq symbol SBUX, remains a buy for aggressive investors.

The company is a leading seller and roaster of specialty coffee. It has 39,477 outlets in 86 countries. Licensees operate about half of those stores.

The stock shot up 23% this week after the company replaced Laxman Narasimhan as its chief executive officer with Brian Niccol, the former CEO of Chipotle Mexican Grill Inc....

METRO INC., $83.91, Toronto symbol MRU, remains a buy.

The company operates 992 grocery stores and 640 drugstores, in Quebec, Ontario and New Brunswick.

In the fiscal 2024 third quarter, ended July 6, 2024, overall sales rose 3.5%, to $6.65 billion from $6.43 billion a year earlier....