Get a 5.0% yield from Intel

Get a 5.0% yield from Intel

A spinoff should help this company remain focused on its core offering of computer chips for personal computers and data centres.

In the meantime, it’s looking to grow its ability to make chips for other firms by building advanced plants.

The stock trades at 14.9 times the… Read More

New hires dampen Nuvei’s profits

NUVEI CORP. $43 is a hold. The Montreal-based company (Toronto symbol NVEI; Manufacturing sector; Shares outstanding: 142.1 million; Market cap: $6.1 billion; No dividend paid; Takeover Target Rating: Lowest; www.nuvei.com) makes software to help businesses worldwide process electronic payments.

In September 2020, the company completed an initial public offering (IPO)… Read More

Mobileye IPO could lead to spinoff

INTEL CORP. $47 is a buy. The company (Nasdaq symbol INTC; Manufacturing & Industry sector; Shares outstanding: 4.1 billion; Market cap: $192.7 billion; Dividend yield: 3.3%; Takeover Target Rating: Medium; www.intel.com) has filed the initial paperwork for an initial public offering of its Mobileye subsidiary later this year. It… Read More