Q: Pat, you’ve written about some medical device makers recently. What do you think about Stryker Corp.? Thanks for your great advice in these trying times.

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… Read More

The Successful Investor Hotline – Friday, April 13, 2012

CANADIAN PACIFIC RAILWAY LTD., $75.67, Toronto symbol CP, is starting to benefit from its recent efficiency improvements. As well, more of its trains are running on time, thanks to the warmer-than-usual winter.

In the three months ended March 31, 2012, CP’s average train speed rose 27%… Read More

Stock Pickers Digest Hotline – Friday, October 1, 2010

ALIMENTATION COUCHE-TARD INC., $22.47, symbol ATD.B on Toronto, has dropped its $2-billion U.S. hostile takeover bid for Casey’s General Stores (symbol CASY on Nasdaq).

Couche-Tard allowed its tender offer for all of Casey’s outstanding shares to expire at 5:00 p.m. on September 30. Couche-Tard, which was… Read More

The Successful Investor Hotline – Friday, July 23, 2010

ENCANA CORP., $32.22, Toronto symbol ECA, fell 4% after the company reported lower-than-expected earnings.

In the three months ended June 30, 2010, Encana earned $81 million, or $0.11 a share (all amounts except share price in U.S. dollars). These figures exclude a $340-million loss on hedging… Read More

The Successful Investor Hotline – Friday, October 2, 2009

PENGROWTH ENERGY TRUST, $10.28, Toronto symbol PGF.UN, fell 7% on Friday after it cut its monthly distribution by 30%, to $0.07 a unit from $0.10. The new annual rate of $0.84 yields 8.2%.

Pengrowth wants to conserve cash to pay down its $1.4-billion long-term debt, which… Read More