McCormick vulnerable to next wave

MCCORMICK & CO. INC. $172 remains a hold. The stock (New York symbol MKC; Income Portfolio, Consumer sector; Shares outstanding: 123.6 million; Market cap: $21.3 billion; Price-to-sales ratio: 4.3; Dividend yield: 1.4%; TSINetwork Rating: Average; www.mccormick.com) fell to $112 in March 2020 during the initial COVID-19 lockdowns. However,… Read More

Their recent dividend hikes seem secure

THOMSON REUTERS CORP. $101 is a buy. The company (Toronto symbol TRI; Conservative Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 500.0 million; Market cap: $50.5 billion; Dividend yield: 2.1%; Dividend Sustainability Rating: Highest; www.thomsonreuters.com) last raised its quarterly dividend with the March 2020 payment. Investors now receive $0.38… Read More

Buying U.S. Stocks in Canada Provides International Exposure

Buying U.S. Stocks in Canada Provides International Exposure

Investors buying U.S. stocks in Canada can get international exposure—especially when looking at the Consumer sector for investments
Long before 2020, and, indeed, for several decades, we’ve advised Canadian investors to spread their holdings out geographically between Canadian and U.S. stocks. Our view is that virtually… Read More

Spicemaker looks pricey after jump

MCCORMICK & CO. INC. $163 (New York symbol MKC; Income Portfolio, Consumer sector; Shares outstanding: 132.5 million; Market cap: $21.6 billion; Price-to-sales ratio: 4.0; Divd. yield: 1.4%; TSINetwork Rating: Average; www.mccormick.com) acquired several condiment brands from Reckitt Benckiser Group plc. in August 2017. They include French’s Mustard,… Read More