Power Growth Investor Hotline – Friday, May 5, 2023

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…. Read More

What is Pat’s commentary for the week of May 2, 2023

This week’s Spotlight analysis of Alimentation Couche-Tard shows that the potentially risky tactic of growth-by-acquisition can pay off nicely when a well-managed company applies that strategy conservatively in a fragmented industry with low-risk takeover opportunities.

We first recommended Alimentation Couche-Tard in December 2008, at $15.50 a.. Read More

Poison pill limits takeover potential

NORDSTROM INC. $22 is a hold. The retailer (New York symbol JWN; Consumer sector; Shares outstanding: 166.2 million; Market cap: $3.7 billion; Dividend yield: 3.4%; Takeover Target Rating: Medium; www.nordstrom.com) owns and operates over 350 stores in the U.S. and Canada. Those locations sell upscale clothing and footwear.
Activist investor… Read More

Your niche financials have gains ahead

ACI Worldwide and Broadridge both have winning business models in expanding markets. We believe that will lead to strong growth in future years. Both are buys.
ACI WORLDWIDE, $26.38, is a buy. The firm (Nasdaq symbol ACIW; TSINetwork Rating: Extra Risk) (Shares o/s: 114.0 million; Market cap: $3.0… Read More