Q: Hi, Pat. What do you think of Illinois Tool Works (ITW on NYSE)? It seems to be a very consistent and reliable dividend payer. Thanks.

A: Illinois Tool Works, $158.23, symbol ITW on NYSE (Shares outstanding: 318.9 million; Market cap: $49.3 billion; www.itw.com),is a multi-industry manufacturing company operating in 53 countries. Known as ITW, it has roughly 45,000 employees.

The company’s diversified range of industrial products includes aerospace technology, bridges, wind… Read More

Q: Pat, do you have any info on Iron Mountain, IRM on the NYSE? They deal in the mass storage of physical records etc. It pays a great dividend. Thanks.

A: Iron Mountain Incorporated, $32.17, symbol IRM on Nasdaq (Shares outstanding: 287.3 million; Market cap: $9.1 billion; www.ironmountain.com), stores, protects, and manages documents and information for more than 225,000 organizations, including 96% of the Fortune 1000. (The Fortune 1000 are the 1,000 largest American companies… Read More

Q: Hi, TSI. What do you think about Open Text and its recent acquisition of Carbonite? Thanks.

A: Open Text, $59.33, symbol OTEX on Toronto (Shares outstanding: 270.8 million; Market cap: $16.2 billion; www.opentext.com), develops, markets, licenses and supports collaboration and enterprise-information-management software for corporate clients. That software finds, stores and distributes information across corporate intranet and extranet networks as well as… Read More

Open Text adds new market and risk with acquisition

A Member of Pat McKeough’s Inner Circle recently asked for his advice on a company that develops enterprise-information-management software for corporate clients and their corporate intranet and extranet networks.

Open Text’s revenue and earnings are up 22.9% and 26.7% respectively. Pat also points to its strong… Read More

Q: Pat: What do you think of Open Text? Thanks.

A: Open Text, $45.13, symbol OTEX on Toronto (Shares outstanding: 263.1 million; Market cap: $12.3 billion; www.opentext.com), develops, markets, licenses and supports collaboration and enterprise-information-management software for corporate clients. That software stores, finds, and distributes information across corporate intranet and extranet networks as well as… Read More