price to sales ratio
MOLSON COORS CANADA INC. (Toronto symbols TPX.A $95 and TPX.B $97; Conservative Growth and Income Portfolios, Consumer sector; Shares outstanding: 215.3 million; Market cap: $20.9 billion; Price-to-sales ratio: 0.7; Dividend yield: 2.2%; TSINetwork Rating: Average; www.molsoncoors.com) is the world’s third-largest brewer....
Finning and Linamar have businesses—and customers—in many countries outside of Canada, which helps reduce their exposure to any brewing trade war between this country and the U.S. As well, Toromont both operates and sells mainly within Canada, which helps shield it from any potential new U.S....
SUNCOR ENERGY INC. $54 (Toronto symbol SU; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.6 billion; Market cap: $86.4 billion; Price-to-sales ratio: 2.7; Dividend yield: 2.7%; TSINetwork Rating: Average; www.suncor.com) is Canada’s largest integrated oil company, with its major projects in the Alberta oil sands....
Bank of Nova Scotia has recently announced several big strategic acquisitions. Still, buying new businesses to expand adds risk, and the bank will have to sell new shares to pay for them.
As a result, Scotiabank has dropped 4% in the past year, compared to share-price gains of 5% to 16% for Canada’s four other big banks....
FEDEX CORP. $251 (New York symbol FDX; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 267.2 million; Market cap: $67.1 billion; Price-to-sales ratio: 1.1; Dividend yield: 1.0%; TSINetwork Rating: Average; www.fedex.com) began offering air-delivery services in 1973, under the Federal Express banner....
EBAY INC. $39 (Nasdaq symbol EBAY; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 1.0 billion; Market cap: $39.0 billion; Price to-sales ratio: 4.0; No dividend paid; TSINetwork Rating: Above Average; www.ebay.com) has formed an alliance with Dubai-based Noon.com....
ABB LTD. ADRs $22 (New York symbol ABB; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 2.1 billion; Market cap: $46.2 billion; Price-to-sales ratio: 1.4; Dividend yield: 3.8%; TSINetwork Rating: Above Average; www.abb.com) makes transformers, transmission systems and circuit breakers for electrical utilities....
NVIDIA CORP. $262 (Nasdaq symbol NVDA; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 606.0 million; Market cap: $158.8 billion; Price-to-sales ratio: 14.5; Dividend yield: 0.2%; TSINetwork Rating: Average; www.nvidia.com) has shot up 75% in the past year....
CHEVRON CORP. $125 (New York symbol CVX; Conservative Growth Portfolio, Resources sector; Shares o/s: 1.9 billion; Market cap: $237.5 billion; Price-to-sales ratio: 1.8; Divd. yield: 3.6%; TSINetwork Rating: Average; www.chevron.com) continues to sell some its less-important assets as part of a plan to focus on its main oil and gas operations.
The company is now close to selling its South African operations for $1 billion....
The company is now close to selling its South African operations for $1 billion....
The U.S. imposed a 2.3% tax on the sale of medical devices in 2013 as part of the Affordable Care Act. However, Congress suspended the tax in 2015, and has now extended that delay till 2020. It’s likely that Congress will ultimately kill the tax. That would give these three companies more cash for research and new growth projects.
BECTON DICKINSON & CO....
BECTON DICKINSON & CO....