price to sales ratio
ALCOA CORP. $45 (New York symbol AA; Conservative Growth Portfolio, Resources sector; Shares outstanding: 185.0 million; Market cap: $8.3 billion; Price-to-sales ratio: 0.7; No dividends paid; TSINetwork Rating: Average; www.alcoa.com) is down 18% since the start of the year despite new tariffs on aluminum imports to the U.S.
The decline is because roughly 70% of Alcoa’s overall aluminum production comes from its facilities outside the U.S....
The decline is because roughly 70% of Alcoa’s overall aluminum production comes from its facilities outside the U.S....
UNITED TECHNOLOGIES CORP. $125 (New York symbol UTX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 800.1 million; Market cap: $100.0 billion; Price-to-sales ratio: 1.6; Divd. yield: 2.2%; TSINetwork Rating: Above Average; www.utc.com) aims to complete its $30 billion acquisition of Rockwell Collins (New York symbol COL) by the end of 2018....
In response to rising consumer demand for more healthful foods, these four industry leaders continue to make acquisitions to lift their sales.
It’s unclear how long it will take for their new operations to pay off. That’s why we see three of these four food stocks as holds....
ALPHABET INC. (Nasdaq symbols GOOG $1,170 [class C: non-voting] and GOOGL $1,184 [class A: one vote per share]; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 694.8 million; Market cap: $819.6 billion; Price-to-sales ratio: 7.0; No dividends paid; TSINetwork Rating: Above Average; www.abc.xyz) announced that its Google Internet search business has now formed a strategic alliance with Chinese online retailer JD.com Inc....
AT&T has now completed its $103 billion takeover of Time Warner. Big acquisitions like this add considerable risk. However, Time Warner’s extensive library of movies and TV shows should help the company compete with online video providers like Netflix and YouTube.
The stock dropped after AT&T closed the deal, but the company’s long-term prospects remain bright....
CAE INC. $28 (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 267.6 million; Market cap: $7.5 billion; Price-to-sales ratio: 2.7; Dividend yield: 1.3%; TSINetwork Rating: Average; www.cae.com) is the world’s largest maker of flight simulators for commercial airlines and military clients....
BLACKBERRY LTD. $16 (Toronto symbol BB; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 537.1 million; Market cap: $8.6 billion; Price-to-sales ratio: 9.4; No dividends paid; TSINetwork Rating: Speculative; www.blackberry.com) quit developing smartphones in 2016 as part of a plan to focus on its more promising communications software....
CANADIAN PACIFIC RAILWAY LTD. $250 (Toronto symbol CP; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 143.1 million; Market cap: $35.8 billion; Price-to-sales ratio: 5.5; Dividend yield: 1.0%; TSINetwork Rating: Above Average; www.cpr.ca) should benefit from new federal regulations meant to encourage rail operators to refurbish Canada’s fleet of grain railcars (called “hoppers”)....
LINAMAR CORP. $66 (Toronto symbol LNR; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 65.4 million; Market cap: $4.3 billion; Price-to-sales ratio: 0.7; Dividend yield: 0.6%; TSINetwork Rating: Average; www.linamar.com) has moved down lately, mainly in response to the Trump administration’s decision to impose new tariffs on imports of steel and aluminum.
That could increase the cost of new cars, and hurt demand for Linamar’s automotive parts....
Each of these two firms has recently completed a big purchase. While we’re always wary of a company’s use of acquisitions to spur growth, we feel the new operations of the two companies will pay off. Moreover, Metro’s purchase of drugstore chain Jean Coutu should actually cuts its risk.
RESTAURANT BRANDS INTERNATIONAL INC....
RESTAURANT BRANDS INTERNATIONAL INC....