merger
CENOVUS ENERGY, $4.78, remains a buy for patient investors. The company (Toronto symbol CVE; Shares outstanding: 1.2 billion; Market cap: $5. billion; TSINetwork Rating: Average; No dividends paid; www.cenovus.com) has agreed to acquire rival oil producer Husky Energy Inc....
The COVID-19 pandemic continues to prompt consumers to eat more of their meals at home, which is good news for these two firms that supply them with vital ingredients. Note that for your new buying, we prefer IFF, which should see substantial gains from its upcoming deal with DuPont....
Due to concerns over the ability of Canada’s Big Five banks, including TD, to absorb bad loans as a result of COVID-19, regulators have ordered them to freeze their dividends to preserve capital.
However, TD has little exposure to borrowers hit hard by the pandemic....
However, TD has little exposure to borrowers hit hard by the pandemic....
Canada’s Big Five banks continue to set aside large amounts for any rise in loan losses because of COVID-19’s economic impact. Regulators have also ordered the banks to freeze their dividends to preserve capital.
However, most borrowers continue to pay their loans on time....
However, most borrowers continue to pay their loans on time....
Both of these firms have sold some of their less-important operations and used the cash to buy back shares or increase your dividends. The sales will also let them boost shareholder value by focusing on their remaining businesses. Their prospects remain bright as more people shop online or work from home due to COVID-19.
NORTONLIFELOCK INC....
We now see several promising opportunities emerging in the pharmaceutical drug industry, and we will probably recommend more drug stocks in the next few years. For now, we feel Pfizer offers our readers the best combination of growth and income in a pharma stock....
ANALOG DEVICES INC. $116 is a sell. The analog chipmaker (New York symbol ADI; Manufacturing sector; Shares outstanding: 369.2 million; Market cap: $42.8 billion; Dividend yield: 2.1%; Takeover Target Rating: Medium; www.analog.com) recently agreed to acquire Maxim Integrated Products (Nasdaq symbol MXIM) in an all-stock transaction that will see Maxim shareholders receive 0.630 shares of ADI for every share they hold.
Analog shareholders will own 69% of the combined company, with Maxim shareholders holding the rest....
Analog shareholders will own 69% of the combined company, with Maxim shareholders holding the rest....
Growth investing can be beneficial to your portfolio returns—but not every strategy is money in the bank.
RAYTHEON TECHNOLOGIES CORP. $61 is a buy. The company (New York symbol RTX; Conservative-Growth Payer Portfolio; Manufacturing & Industry sector; Shares outstanding: 1.5 billion; Market cap: $91.5 billion; Dividend yield: 3.1%; Dividend Sustainability Rating: Above Average; www.rtx.com) took its current form on April 3, 2020, with the merger of United Technologies Corp....
Some activist investors have a spotty record when it comes to boosting shareholder value. It’s why we independently assess all companies—including those targeted by activists—before recommending them to our readers. In the case of Crown Castle and eBay, we feel the participation of prominent activists will continue to pay off for investors.
CROWN CASTLE INTERNATIONAL CORP....
CROWN CASTLE INTERNATIONAL CORP....