merger

CANADIAN PACIFIC RAILWAY LTD., $105.96, Toronto symbol CP, is your #1 Conservative Buy for 2023.

CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.

This is the fifth year in a row we’ve picked CP as our #1 Conservative stock....
BAXTER INTERNATIONAL INC., $44.84, New York symbol BAX, is a buy.

The company makes a wide range of medical devices, including intravenous pumps and kidney-dialysis equipment.

Baxter now plans to spin off its Renal Care and Acute Therapies businesses as a separate, publicly traded company.

In 2021, this new kidney care company had revenue of $4.86 billion, or 38% of Baxter’s total revenue of $12.78 billion.

The company has not yet announced the details of the transaction....
Here are your top picks for new buying in 2023, and once again we’ve selected three stocks from our TSI Portfolios (Conservative, Aggressive and Income).


Each of the three is a leader in its markets, which helps cut your risk if the economy weakens....
GEN DIGITAL INC. $22 is a buy. The company (Nasdaq symbol GEN; High-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 581.3 million; Market cap: $12.8 billion; Dividend yield: 2.3%; Dividend Sustainability Rating: Average; www.gendigital.com) changed its name from NortonLifeLock (old symbol NLOK) following its September 2022 acquisition of European cybersecurity firm Avast plc for $8.1 billion....
GEN DIGITAL INC. $22 is a buy. The company (Nasdaq symbol GEN; Aggressive Growth Portfolio; Consumer sector; Shares outstanding: 581.3 million; Market cap: $12.8 billion; Price-to-sales ratio: 4.5; Dividend yield: 2.3%; TSINetwork Rating: Average Average; www.gendigital.com) changed its name from NortonLifeLock (old symbol NLOK) following its September 2022 acquisition of European cybersecurity firm Avast plc for $8.1 billion....
Entertainment firms continue to rebound following easing COVID-19 restrictions and venue re-openings. These two companies now aim to further boost value with spinoffs. Still, neither stock currently inspires our confidence.


LIBERTY MEDIA GROUP operates a variety of communications and entertainment businesses through three tracking stocks: Liberty SiriusXM Group (Nasdaq symbols LSXMA, LSXMB, and LSXMK) operates satellite radio and online streaming services, as well as concert promoter Live Nation; Braves Group (Nasdaq symbols BATRA and BATRK) owns the Atlanta Braves professional baseball club; and Formula One Group (Nasdaq symbols FWONA and FWONK) owns the commercial rights to the famous motor racing series.


Note: Tracking stocks give investors financial exposure to a specific aspect of a larger company’s business, but usually come with limited or no voting power....
MCDONALD’S CORP., $271.92, New York symbol MCD, is your #1 Conservative Buy for 2022.

The company is the world’s largest fast-food chain with 40,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries....
A: BrightView Holdings Inc., $6.57, symbol BV on New York (Shares outstanding: 93.0 million; Market cap: $621.2 million; www.brightview.com), is the largest provider of commercial landscaping services in the U.S. This includes designing, creating, and maintaining landscapes at premier properties across the U.S., including business parks and corporate offices, homeowners’ associations, healthcare facilities, educational institutions, retail centers, resorts and theme parks, municipalities, golf courses, and sports venues....
A: Leafly Holdings Inc., $0.70, symbol LFLY on Nasdaq (Shares outstanding: 40.0 million; Market cap: $27.8 million; www.leafly.com), is a Seattle-based online cannabis marketplace. Leafly was founded in 2010 and is considered the world’s largest cannabis marketplace, with more than 125 million annual visitors.

The company’s revenue primarily comes from a monthly subscription fee paid by cannabis retailers for listing on the platform and accessing its e-commerce tools....
HOME CAPITAL GROUP INC., $42.55, Toronto symbol HCG, remains a hold.

The company is a mortgage lender serving borrowers who fail to meet the stricter standards of Canada’s big banks and other larger, traditional lenders.

The stock shot up 58% this week after the company accepted a friendly takeover offer of $44.00 a share from Smith Financial Corp....