recent acquisitions
A: Stryker Corporation, $211.59, symbol SYK on New York (Shares outstanding: 375.6 million; Market cap: $79.5 billion; www.stryker.com), is one of the world’s leading medical technology companies. The firm is based in Kalamazoo, Michigan.
Stryker’s investors benefit from its three business segments:
The Orthopaedics segment (32% of total revenue) sells products used in joint replacement surgeries and in trauma and extremities surgeries.
The Medical and Surgery segment (48%) sells surgical equipment and navigation instruments, endoscopic and communications systems, and devices used in a variety of medical specialties.
The Neurotechnology and Spine segment (20%) sells neurosurgical, neurovascular and spinal-implant devices.
Approximately 72% of Stryker’s revenue in each of the past three years has come from the U.S.
The company has actively acquired smaller firms over the past several years....
Stryker’s investors benefit from its three business segments:
The Orthopaedics segment (32% of total revenue) sells products used in joint replacement surgeries and in trauma and extremities surgeries.
The Medical and Surgery segment (48%) sells surgical equipment and navigation instruments, endoscopic and communications systems, and devices used in a variety of medical specialties.
The Neurotechnology and Spine segment (20%) sells neurosurgical, neurovascular and spinal-implant devices.
Approximately 72% of Stryker’s revenue in each of the past three years has come from the U.S.
The company has actively acquired smaller firms over the past several years....
Telus’s long-term commitment to improving the speed and capacity of its wireless and Internet networks continues to pay off for investors. That’s especially so during the coronavirus pandemic and the sharp rise in Canadians using their home Internet service to work remotely....
Mondelez has bettered the broader market during the COVID-19 pandemic: its shares have worked they way back up and are now down 6.0% compared to an 8.6% drop for the broader S&P 500 Index.
We feel that’s just the start of its rebound for investors as the overall economy improves....
We feel that’s just the start of its rebound for investors as the overall economy improves....
Due to the COVID-19 outbreak, many companies are now shifting their annual shareholder meetings away from physical locations to the Internet. Even after the current crisis ends, it’s likely many firms will continue these “virtual” meetings.
That’s good news for Broadridge investors, as it helps businesses better communicate with shareholders and count up proxy votes....
That’s good news for Broadridge investors, as it helps businesses better communicate with shareholders and count up proxy votes....
INTERNATIONAL FLAVORS & FRAGRANCES INC. $105 (www.iff.com) is still a buy. The company plans to merge with the nutition and biosciences business of DuPont (New York symbol DD). DuPont shareholders will own 55.4% of the combined company, with IFF shareholders owning the rest....
BRIGGS & STRATTON CORP. $2.28 is still a hold. The company (New York symbol BGG; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 42.5 million; Market cap: $96.9 million; Price-to-sales ratio: 0.1; Dividend suspended in March 2020; TSINetwork Rating: Extra Risk; www.briggsandstratton.com) makes lawnmower engines, portable power generators, pressure washers, and snowblowers and throwers.
Under a new strategy to protect investor value, Briggs will focus on making engines for industrial and consumer uses, standby power generators and commercial battery systems....
Under a new strategy to protect investor value, Briggs will focus on making engines for industrial and consumer uses, standby power generators and commercial battery systems....
The COVID-19 outbreak could prompt many businesses to cut their spending on important equipment such as video surveillance systems (made by Motorola Solutions) and self-serve cash registers (NCR). However, we believe many other businesses will see that as a false economy because these products help them operate more efficiently....
Cintas investors already expect the COVID-19 pandemic to hurt demand for the company’s uniform services, particularly from restaurants and hotels.
However, invests will benefit from higher demand for uniforms, including scrubs, from hospitals and healthcare providers....
However, invests will benefit from higher demand for uniforms, including scrubs, from hospitals and healthcare providers....
ARCHER DANIELS MIDLAND CO. $33 is a buy. This company (New York symbol ADM; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 556.7 million; Market cap: $18.4 billion; Price-to-sales ratio: 0.3; Divd. yield: 4.4%; TSINetwork Rating: Above Average; www.adm.com) is a leading processor of corn, wheat, soybeans, canola and other crops for flour, oils and other food ingredients....
In response to the COVID-19 coronavirus outbreak, these four fast-food operators have closed their dine-in areas. However, they continue to serve customers with take-out and drive-thru facilities. Recent investments in their home-delivery operations have proven timely, as those upgrades are now helping them cope as more people eat at home.
We feel that all four will rebound quickly in the next few months once they resume normal operations....
We feel that all four will rebound quickly in the next few months once they resume normal operations....