recent acquisitions

The shares of Royal Bank and other big Canadian banks have suffered in the past year as rising interest rates increase the appeal of bonds. Higher interest rates also increase the likelihood of greater loan defaults.


We see Royal as a particularly attractive buy right now as it looks like the current cycle of rising interest rates has peaked....
ELECTRONIC ARTS INC., $122.59 (symbol EA on Nasdaq), is a buy for aggressive investors. The company is a developer of video games for play on consoles, PCs, and mobile devices. Its hugely popular game franchises include Madden NFL, The Sims, Need for Speed, Battlefield, and Apex Legends.

In the quarter ended June 30, 2023, Electronic Arts’ revenues increased 8.9%, to $1.92 billion from $1.77 billion a year earlier....
CORTEVA INC., $56.35, is a buy. The company (symbol CTVA on New York) is a leading developer of new seeds and crop chemicals, including herbicides and insecticides, for the agriculture industry. Corteva separated from DowDuPont in June 2019.

Corteva and Bioceres Crop Solutions Corp....

TRANSCONTINENTAL INC. $14 is still a buy. Canada’s largest commercial printing company (Toronto symbol TCL.A; Cyclical-Growth Portfolio, Consumer sector; Shares outstanding: 86.6 million; Market cap: $1.2 billion; Dividend yield: 6.4%; Dividend Sustainability Rating: Above Average; www.tctranscontinental.com) last raised your dividend with the April 2020 payment....
The outlook for CAE—a leading provider of flight simulators and pilot-training—is bright.

The company now has roughly 70% of the global flight simulator market and is well-positioned to remain the top global choice for commercial pilot training. At the same time, the airline industry continues to see robust demand with the lifting of pandemic restrictions.

Aside from the bright prospects for its core business, CAE should see demand for its military training operations rise steadily—if not accelerate as the war in Ukraine continues....
TECK RESOURCES LTD., $56.72, Toronto symbol TECK.B, remains a buy for investors seeking long-term gains from the Resources sector of their portfolio.

The company is a leading producer of metallurgical coal, a key ingredient in steelmaking. It also produces copper and zinc.

Teck confirmed this week that it has received several takeover offers for its coal operations.

The company recently cancelled a controversial plan to spin off its coal business yet continue to receive revenue from that business....
Bank of Nova Scotia has shifted its international focus in the past few years to four countries in Latin America—Mexico, Peru, Colombia and Chile. Those four markets now account for 25% of the bank’s earnings. Given the region’s favourable long-term demographics and growth prospects, we think investors will benefit from this new focus....
Broadridge has a winning business model in expanding markets. We believe that will lead to strong growth in future years. The stock is a Power Buy.


BROADRIDGE FINANCIAL SOLUTIONS, $152.74, is a buy. The company (New York symbol BR; TSINetwork Rating: Average) (www.broadridge.com; Shares outstanding: 118.0 million; Market cap: $18.0 billion; Dividend yield: 1.9%) serves the investment industry in three areas: investor communications, securities processing and transaction clearing.


Broadridge is best known for processing and distributing proxies and regulatory filings for nearly every publicly traded U.S....

In April 2020, Raytheon Technologies Corp. (New York symbol RTX) spun off Carrier and Otis as separate companies. For each share they held, investors received 0.5 of a share in Otis and 1 share in Carrier.


So far, Carrier has soared over 190%, while Otis has gained an impressive 90%....
BROADRIDGE FINANCIAL SOLUTIONS INC., $152.87, is a buy. The company, symbol BR on New York, serves the investment industry in three main areas: investor communications, securities processing, and transaction clearing.

Broadridge is best known for processing and distributing proxies and regulatory filings for nearly every publicly traded U.S....