public offering

These two stocks have moved up recently in response to activist pressure. However, we feel Disney is in a better position to keep moving higher for its investors.


WALT DISNEY CO. $113 is still a buy. The company (New York symbol DIS; Consumer sector; Shares outstanding: 1.8 billion; Market cap: $203.4 billion; Dividend yield: 0.8%; Takeover Target Rating: Medium; www.thewaltdisneycompany.com) is an entertainment and media conglomerate headquartered in Burbank, California....
A: Canadian Apartment Properties REIT, $45.10, symbol CAR.UN on Toronto (Units outstanding: 167.6 million; Market cap: $7.8 billion; www.capreit.ca) owns multi-unit residential properties, including apartments, townhomes and manufactured home communities (trailer parks)....
REDDIT INC. has filed paperwork with U.S. regulators for an initial public offering (IPO) of common shares. The shares will trade on New York under the symbol RDDT.


Based in San Francisco, the company operates online forums that lets registered users (called “Redditors”) post and share content such as text, images and videos on a wide variety of topics....
PERFECT MOMENT LTD. $5.36 is a hold. The company (NYSE MKT [formerly the American Stock Exchange] symbol PMNT; Consumer sector; Shares outstanding: 15.8 million; Market cap: $84.7 million; Takeover Target Rating: Lowest; www.perfectmoment.com) specializes in premium-priced skiwear, such as jackets, sweaters and pants, as well as non-ski apparel like swim suits....
The shares of contract manufacturer Flex (formerly called Flextronics International) traded in a narrow range for most of the past 10 years. However, the stock started to move up in late 2022 when the company announced that it would spin off its solar panel tracking business, called Nextracker.


As with most spinoffs, we feel this split will ultimately benefit both companies....
AMER SPORTS INC. has filed paperwork with U.S. regulators for an initial public offering (IPO) of common shares. The shares will trade on New York under the symbol AS.


Based in Chicago, Amer sells sports clothing, equipment and related accessories to consumers in over 100 countries....

LOBLAW COMPANIES, $127.50, is a buy. The retailer (Toronto symbol L; Shares outstanding: 313.1 million; Market cap: $40.1 billion; TSINetwork Rating: Above Average; Dividend yield: 1.4%; www.loblaw.ca) operates 1,104 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills....
MAPLEBEAR INC. $25 is a hold. The company, (Nasdaq symbol CART; Manufacturing sector; Shares outstanding: 280.2 million; Market cap: $7.0 billion; No dividend paid; Takeover Target Rating: Lowest; www.instacart.com), does business as Instacart, operating an online grocery delivery and pick-up service in the U.S....
CANADIAN PACIFIC KANSAS CITY LTD., $97.81, Toronto symbol CP, is your #1 Conservative Buy for 2023.

The company took its current form on April 14, 2023, when Canadian Pacific Railway Ltd. completed the acquisition of U.S.-based railway Kansas City Southern.

CP paid $31 billion U.S....
RICHTECH ROBOTICS INC. has filed paperwork with U.S. regulators for an initial public offering (IPO) of common shares. The shares will trade on Nasdaq under the symbol RR.


Based in Las Vegas, Nevada, Richtech makes robotic equipment for restaurants, hotels, casinos and factories....