merger

The Successful Investor is highlighting three stocks as your top picks for new buying in 2022. One is from the newsletter’s Conservative portfolio, the second from its Aggressive portfolio and the third from its Income portfolio.


All three stocks performed well in 2020 and 2021 despite COVID-19 disruptions....

CP Rail has been one of our favourite stocks over the past two decades. In fact, we made it the #1 Conservative Buy for our flagship newsletter The Successful Investor in 2019, 2020 and 2021. Our confidence has been rewarded: In the past three years, the stock has gained an impressive 88.9% compared to just 41.7% for the S&P/TSX Composite Index.

We feel CP’s merger with U.S.-based railway Kansas City Southern will push the stock even higher over the next few years.

While big takeovers like this always entail risk, the purchase will greatly extend CP’s reach in the U.S....

CROCS INC., $125.70, symbol CROX on Nasdaq, makes casual footwear for men, women, and children. It is best known for its molded shoes featuring Croslite, a non-toxic foam material that aims to give its footwear a soft, comfortable feel. Crocs have sold more than 720 million pairs of shoes in over 90 countries worldwide since its launch in 2002.

On December 23, 2021, the company announced the $2.5 billion acquisition of Heydude, a privately owned casual footwear brand based in Italy....

NORTONLIFELOCK INC. $26 is a buy. The company (Nasdaq symbol NLOK; High-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 581.8 million; Market cap: $14.5 billion; Dividend yield: 1.9%; Dividend Sustainability Rating: Average; www.nortonlifelock.com) has two main businesses: Norton computer antivirus software for individuals; and LifeLock identity-theft protection.


The company last raised its quarterly dividend by 7.0% with the December 2019 payment, to $0.125 a share from $0.075....

TEGNA INC. $19 is still a buy for long-term gains. The company (New York symbol TGNA, Conservative Growth Portfolio, Consumer sector: Shares outstanding: 221.3 million; Market cap: $4.2 billion; Price-to-sales ratio: 1.4; Dividend yield: 2.0%; TSINetwork Rating: Average; www.tegna.com) owns 64 TV stations and two radio stations in 54 U.S....

3M COMPANY $176 is a buy. The company (New York symbol MMM; Manufacturing sector; Shares outstanding: 576.3 million; Market cap: $101.4 billion; Dividend yield: 3.4%; Takeover Target Rating: Medium; www.3m.com) produces more than 60,000 items, including air purifiers, adhesives, bandages and components for medical devices.


The company is now merging its Food Safety business with Neogen Corp....

The fundamentals of investing are the same for newcomers as they are for established, successful investors. The challenge for everybody is to stick to what works and not let investment fads, the media limelight or bad advice from a broker or advisor steer you off course.

The five picks for March we outline in this report are derived from Pat McKeough’s four decades of investment experience....

CN’s shares initially fell after regulators rejected its merger with U.S. railway Kansas City Southern. Still, they quickly recovered and are now hitting record highs. Even so, we feel the stock should keep rising, particularly as CN’s new cost-cutting plan frees up cash for share buybacks and dividends.


CANADIAN NATIONAL RAILWAY CO....

Download our free report and discover 7 stocks due for big gains after investors use tax-loss selling to cut their Canadian capital gains tax.

RAYTHEON TECHNOLOGIES CORP. $87 is a buy. The company (New York symbol RTX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.5 billion; Market cap: $130.5 billion; Price-to-sales ratio: 2.1; Dividend yield: 2.3%; TSINetwork Rating: Above Average; www.rtx.com) took its current form on April 3, 2020, with the merger of United Technologies Corp....