oil and gas
Long-time readers know that we aim to keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to bolster investor gains. Here are two buys that stand out this month:
ACI WORLDWIDE, $22.70, is a buy. The firm (Nasdaq symbol ACIW; TSINetwork Rating: Extra Risk) (Shares o/s: 108.1 million; Market cap: $2.5 billion; No divds.) reported a 3.2% drop in revenue in the quarter ended December 31, 2022, to $451.8 million from $466.8 million a year earlier....
ACI WORLDWIDE, $22.70, is a buy. The firm (Nasdaq symbol ACIW; TSINetwork Rating: Extra Risk) (Shares o/s: 108.1 million; Market cap: $2.5 billion; No divds.) reported a 3.2% drop in revenue in the quarter ended December 31, 2022, to $451.8 million from $466.8 million a year earlier....
UTZ BRANDS INC., $16.64, symbol UTZ on New York, is a Pennsylvania-based maker of salty snacks. Its brands include Utz Original potato chips, On the Border Chips & Dips, Zapp’s, Good Health, Boulder Canyon, Tortiyahs, and others.
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....
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....
THOMSON REUTERS CORP., $165.70, Toronto symbol TRI, is a buy.
The company sells specialized information (mainly through electronic channels) to professionals in the legal, and tax and accounting fields. It also owns the Reuters news service.
Thomson continues to wind down its stake in financial information provider Refinitiv....
The company sells specialized information (mainly through electronic channels) to professionals in the legal, and tax and accounting fields. It also owns the Reuters news service.
Thomson continues to wind down its stake in financial information provider Refinitiv....
COLLIERS INTERNATIONAL GROUP INC. $157 is a buy for aggressive investors. This company (Toronto symbol CIGI; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 41.8 million; Market cap: $6.6 billion; Price-to-sales ratio: 1.1; Dividend yield: 0.3%; TSINetwork Rating: Extra Risk; www.colliers.com) offers a range of services, including help for clients buying and selling commercial real estate and securing financing.
In 2022, Colliers spent $1.0 billion acquiring smaller businesses (all amounts except share price and market cap in U.S....
While rising interest rates have spurred income-seeking investors to buy bonds, we still prefer high-quality utilities like these four. Their regulated businesses cut your risk and give them lots of cash flow for dividends. Canadian investors also benefit from the dividend tax credit.
ENBRIDGE INC....
A: MasTec Inc., $100.90, symbol MTZ on New York (Shares outstanding: 78.2 million; Market cap: $8.0 billion; Manufacturing & Industry sector; TSINetwork Rating: Average; www.mastec.com), is a leading infrastructure construction company operating mainly throughout North America and across a range of industries.
The business’s primary activities include the engineering, installation, maintenance and upgrade of communications, energy, utility and other infrastructure....
The business’s primary activities include the engineering, installation, maintenance and upgrade of communications, energy, utility and other infrastructure....
BCE INC., $60.21, is a buy. The company (Toronto symbol BCE; Shares outstanding: 911.9 million; Market cap: $55.1 billion; TSINetwork Rating: Above Average; Dividend yield: 6.4%) is Canada’s largest traditional telephone service provider....
Oil and gas stocks have moved up as the U.S. and other economies recover. The war in Ukraine has also spurred prices. We recommend that most investors maintain exposure to the oil and gas industry as part of a balanced portfolio. But to cut risk, you should focus on producers with positive cash flow even at low energy prices....
INTEL CORP., $25.14, Nasdaq symbol INTC, remains a buy for long-term gains.
The company is the world’s leading maker of computer chips: its products power 65% of all personal computers and 80% of all datacentres.
Under Intel’s new strategic plan, which it announced in 2021, the company aims to improve its technical expertise and expand its ability to make chips for other companies.
It recently started construction on a $20 billion chipmaking complex in Ohio and is spending $15.3 billion to expand its facility in Arizona....
The company is the world’s leading maker of computer chips: its products power 65% of all personal computers and 80% of all datacentres.
Under Intel’s new strategic plan, which it announced in 2021, the company aims to improve its technical expertise and expand its ability to make chips for other companies.
It recently started construction on a $20 billion chipmaking complex in Ohio and is spending $15.3 billion to expand its facility in Arizona....
TC ENERGY INC., $56.84, Toronto symbol TRP, remains a buy.
TC generates steady cash flow for investors mainly through a 93,700-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. Its other operations include 4,900 kilometres of crude oil pipelines and nine power plants.
The company continues to benefit from rising oil and gas prices, which have spurred demand for space on its pipelines....
TC generates steady cash flow for investors mainly through a 93,700-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. Its other operations include 4,900 kilometres of crude oil pipelines and nine power plants.
The company continues to benefit from rising oil and gas prices, which have spurred demand for space on its pipelines....