merger

Investors tend to prefer “pure-play” firms as easier to analyze than companies with many businesses. A good example is the April 2020 merger our long-time favourite United Technologies with rival Raytheon to form Raytheon Technologies. It also spun off its building equipment businesses, which let Raytheon focus solely on its aerospace operations.


Despite the shutdown of air travel due to the COVID-19 pandemic, the stock has gained 81% since the merger....
Oil and gas prices have moved down lately after a big spike earlier this year, but remain high. The future direction of energy prices depends on a lot of things, particularly economic growth rates around the world. Meanwhile, well-established producers took advantage of the weaker prices earlier in the pandemic to pick up properties and employees who are harder to find in more-prosperous times.


Those top companies also have the strength to survive, even if energy prices again drop and to continue paying dividends....
TELUS CORP. $29 is a buy. The company (Toronto symbol T; Utilities sector; Shares outstanding: 1.4 billion; Market cap: $40.6 billion; Dividend yield: 4.7%; Takeover Target Rating: Medium; www.telus.com) is now buying LifeWorks Inc....
3M COMPANY, $128.72, New York symbol MMM, remains a buy for long-term gains.

The company makes over 60,000 consumer and industrial goods, including air purifiers, adhesives, bandages and components for medical devices. Investors tap its main brands, including Post-it notes, Scotch tape, Scotch-Brite cleaning products, Scotchguard protection and Thinsulate insulation.

3M has agreed to pay 571 million euros (about $582 million U.S.) to clean up the release of polyfluoroalkyl substances (PFAS) from its operations in Belgium....
A: Utz Brands Inc., $14.29, symbol UTZ on New York (Shares outstanding: 80.7 million; Market cap: $2.0 billion; www.utzsnacks.com), is a Pennsylvania-based maker of salty snacks. Its brands include its Utz Original potato chips, Snyder of Berlin, Zapp’s, Boulder Canyon, and TGI Fridays snacks.

Founded in 1921, Utz began trading on the New York exchange in June 2020.

Rather than list through an IPO, the company undertook a reverse merger with Collier Creek Holdings....
TELUS, $28.57, is a buy. The company (Toronto symbol T; Shares outstanding: 1.4 billion; Market cap: $40.1 billion; TSINetwork Rating: Above Average; Dividend yield: 4.6%; www.telus.com) is now buying LifeWorks Inc....
Growth investing can be beneficial to your portfolio returns—but not every strategy is money in the bank.
TELUS CORP., $28.89, Toronto symbol T, is a buy.

The company is Canada’s second-largest wireless carrier, with 11.48 million users. That’s just behind BCE’s Bell Mobility (with 11.79 million users) and ahead of Rogers Communications (10.06 million users)....


WARNER BROS. DISCOVERY INC. $14 is a hold. The company (Nasadq symbol WBD; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 662.4 million; Market cap: $9.3 billion; Price-to-sales ratio: 0.7; No dividend paid; TSINetwork Rating: Average; www.wbd.com) is a leading producer of entertainment, sports and information programming....

In the past two years, AT&T and Verizon have shed their media and other businesses. That will let them focus on their main telecommunications operations, particularly as each of the companies rolls out its new, ultrafast 5G wireless networks.


So far, 5G users generate higher revenue than their current cellphone customers....