stock split

ROYAL BANK OF CANADA, $130.95, Toronto symbol RY, is a buy.

In its fiscal 2022 second quarter, ended April 30, 2022, Royal took back $342 million of the funds it had earlier set aside to cover potential bad loans. That’s due to improving credit quality as the COVID-19 pandemic eases....
NVIDIA CORP., $188.11, Nasdaq symbol NVDA, remains a buy for aggressive investors.

The company is a leading designer of 3D-capable video chips; they make video games run more smoothly and appear more lifelike. Nvidia has also adapted its chips for other applications, including artificial intelligence, datacentres and self-driving cars.

Nvidia continues to benefit from pandemic restrictions that spurred strong consumer demand for computer gaming systems....
CANADIAN PACIFIC RAILWAY LTD., $93.97, Toronto symbol CP, is your #1 Conservative Buy for 2022.

CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.

The company is now in the process of merging with U.S.-based railway Kansas City Southern....
Technology stocks such as Alphabet (see page 31) and the three we analyze below tend to trade at somewhat high multiples to their earnings. That can scare away many more-conservative investors.


However, all of these firms are market leaders in their niche fields, which helps shield them from the chip shortages that are hurting tech companies like HP and HP Enterprise (see page 35)....
AMAZON.COM INC., $2,910.49, symbol AMZN on Nasdaq, is a buy. The company is one of the world’s largest online retailers. It’s also the third-largest digital ad provider in the U.S. Its Amazon Web Services (AWS) is one of the world’s largest cloud infrastructure service providers.

Amazon shares jumped this week after the company announced that it’s splitting its shares on a 20-for-1 basis, as well as buying back up to $10 billion of its stock.

The stock split is subject to shareholder approval at its annual shareholder meeting, which is scheduled for May 25....
A: Edwards Lifesciences, $110.46, symbol EW on New York (Shares outstanding: 624.3 million; Market cap: $69.4 billion; www.edwards.com), is focused on developing technologies and products that treat structural heart disease and critically ill patients.

The company operates in four segments: Transcatheter Aortic Valve Replacement (66% of revenue), Surgical Structural Heart (17%), Critical Care (16%), and Transcatheter Mitral and Tricuspid (1%).

Medical-device supplier Baxter International (symbol BAX on New York) spun off Edwards Lifesciences in March 2000....
ALPHABET INC., Nasdaq symbols GOOG $2,860.32 [class C: non-voting] and GOOGL $2,865.86 [class A: one vote per share], is your #1 Aggressive Buy for 2022.

Alphabet is the parent of Google, the world’s leading Internet search engine. It gets most of its revenue from online advertising.

In addition to search, Google also offers a variety of other services and products....
CANADIAN PACIFIC RAILWAY LTD., $92.27, Toronto symbol CP, is your #1 Conservative Buy for 2022.

CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.

The company is now in the process of merging with U.S.-based railway Kansas City Southern....
CP Rail has been one of our favourite stocks over the past two decades. In fact, we made it the #1 Conservative Buy for our flagship newsletter The Successful Investor in 2019, 2020 and 2021. Our confidence has been rewarded: In the past three years, the stock has gained an impressive 88.9% compared to just 41.7% for the S&P/TSX Composite Index.

We feel CP’s merger with U.S.-based railway Kansas City Southern will push the stock even higher over the next few years.

While big takeovers like this always entail risk, the purchase will greatly extend CP’s reach in the U.S....
These three technology stocks shone as COVID-19 lockdowns spurred strong demand for their products. Even though the pandemic is easing, we still like their long-term prospects.


NVIDIA CORP. $244 remains a buy for aggressive investors. The company (Nasdaq symbol NVDA; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 2.5 billion; Market cap: $610.0 billion; Price-to-sales ratio: 26.2; Dividend yield: 0.1%; TSINetwork Rating: Average; www.nvidia.com) is a leading designer of 3D-capable video chips; they make video games run more smoothly and appear more lifelike....